Common use of Authentication and Delivery of Securities Clause in Contracts

Authentication and Delivery of Securities. Upon the execution and delivery of this Indenture, or from time to time thereafter, Securities in an aggregate principal amount not in excess of $240,000,000 (except as otherwise provided in Section 2.7 hereof) may be executed by the Issuer and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and deliver said Securities to or upon the written order of the Issuer, signed by both (a) its Chairman of the Board of Directors, or any Vice Chairman of the Board of Directors, or its President or any Vice President and (b) by its Chief Financial Officer, or its Secretary or any Assistant Secretary, or its Treasurer or any Assistant Treasurer without any further action by the Issuer. The Securities shall be direct, unconditional obligations of the Issuer and shall rank pari passu without preference among themselves and equally in priority of payment with all other present and future unsubordinated, unsecured indebtedness of the Issuer.

Appears in 3 contracts

Samples: Indenture (NRG Energy Inc), Indenture (NRG Energy Inc), Indenture (NRG Energy Inc)

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Authentication and Delivery of Securities. Upon the execution and delivery of this Indenture, or from time to time thereafter, Securities in an aggregate principal amount not in excess of $240,000,000 500,000,000 (except as otherwise provided in Section 2.7 hereof) may be executed by the Issuer and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and deliver said Securities to or upon the written order of the Issuer, signed by both (a) its Chairman of the Board of Directors, or any Vice Chairman of the Board of Directors, or its President or any Vice President and (b) by its Chief Financial Officer, or its Secretary or any Assistant Secretary, or its Treasurer or any Assistant Treasurer without any further action by the Issuer. The Securities shall be direct, unconditional obligations of the Issuer and shall rank pari passu without preference among themselves and equally in priority of payment with all other present and future unsubordinated, unsecured indebtedness of the Issuer.

Appears in 1 contract

Samples: Indenture (NRG Energy Inc)

Authentication and Delivery of Securities. Upon the execution and delivery of this Indenture, or from time to time thereafter, Securities in an aggregate principal amount not in excess of $240,000,000 160,000,000 (except or such higher amount as otherwise provided in Section 2.7 hereofmay be authorized by a resolution of the Board of Directors of the Company or a committee thereof) may be executed by the Issuer Company and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and deliver said Securities to or upon the written order of the IssuerCompany, signed by both (a) its Chairman of the Board of Directors, or any Vice Chairman of the Board of Directors, or its President or any Vice President and (b) by its Chief Financial Officer, or its Secretary or any Assistant Secretary, or its Treasurer or any Assistant Treasurer without any further action by the IssuerCompany. The Securities shall be direct, unconditional obligations of the Issuer Company and shall rank pari passu without preference among themselves and equally in priority of payment with all other present and future unsubordinatedfuture, unsecured senior indebtedness of the IssuerCompany.

Appears in 1 contract

Samples: Second Supplemental Indenture (Semco Energy Inc)

Authentication and Delivery of Securities. Upon the execution and delivery of this Indenture, or from time to time thereafter, Securities in an aggregate principal amount not in excess of $240,000,000 125,000,000 (except as otherwise provided in Section 2.7 hereof) may be executed by the Issuer and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and deliver said Securities to or upon the written order of the Issuer, signed by both (a) its Chairman of the Board of Directors, or any Vice Chairman of the Board of Directors, or its President or any Vice President and (b) by its Chief Financial Officer, or its Secretary or any Assistant Secretary, or its Treasurer or any Assistant Treasurer without any further action by the Issuer. The Securities shall be direct, unconditional obligations of the Issuer and shall rank pari passu without preference among themselves and equally in priority of payment with all other present and future unsubordinated, unsecured indebtedness of the Issuer.

Appears in 1 contract

Samples: Indenture (NRG Energy Inc)

Authentication and Delivery of Securities. Upon the execution and delivery of this Fourth Supplemental Indenture, or from time to time thereafter, Securities in an aggregate principal amount not in excess of $240,000,000 30,000,000 (except or such higher amount as otherwise provided in Section 2.7 hereofmay be authorized by a resolution of the Board of Directors of the Company or a committee thereof) may be executed by the Issuer Company and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and deliver said Securities to or upon the written order of the IssuerCompany, signed by both (a) its Chairman of the Board of Directors, or any Vice Chairman of the Board of Directors, or its President or any Vice President and (b) by its Chief Financial Officer, or its Secretary or any Assistant Secretary, or its Treasurer or any Assistant Treasurer without any further action by the IssuerCompany. The Securities shall be direct, unconditional obligations of the Issuer Company and shall rank pari passu without preference among themselves and equally in priority of payment with all other present and future unsubordinated, unsecured senior indebtedness of the IssuerCompany.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Semco Energy Inc)

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Authentication and Delivery of Securities. Upon the execution and delivery of this Indenture, or from time to time thereafter, Securities in an aggregate principal amount not in excess of $240,000,000 300,000,000 (except as otherwise provided in Section 2.7 hereof) may be executed by the Issuer and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and deliver said Securities to or upon the written order of the Issuer, signed by both (a) its Chairman of the Board of Directors, or any Vice Chairman of the Board of Directors, or its President or any Vice President and (b) by its Chief Financial Officer, or its Secretary or any Assistant Secretary, or its Treasurer or any Assistant Treasurer without any further action by the Issuer. The Securities shall be direct, unconditional obligations of the Issuer and shall rank pari passu without preference among themselves and equally in priority of payment with all other present and future unsubordinated, unsecured indebtedness of the Issuer.

Appears in 1 contract

Samples: Indenture (NRG Energy Inc)

Authentication and Delivery of Securities. Upon the execution and delivery of this Third Supplemental Indenture, or from time to time thereafter, Securities in an aggregate principal amount not in excess of $240,000,000 60,000,000 (except or such higher amount as otherwise provided in Section 2.7 hereofmay be authorized by a resolution of the Board of Directors of the Company or a committee thereof) may be executed by the Issuer Company and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and deliver said Securities to or upon the written order of the IssuerCompany, signed by both (a) its Chairman of the Board of Directors, or any Vice Chairman of the Board of Directors, or its President or any Vice President and (b) by its Chief Financial Officer, or its Secretary or any Assistant Secretary, or its Treasurer or any Assistant Treasurer without any further action by the IssuerCompany. The Securities shall be direct, unconditional obligations of the Issuer Company and shall rank pari passu without preference among themselves and equally in priority of payment with all other present and future unsubordinatedfuture, unsecured senior indebtedness of the IssuerCompany.

Appears in 1 contract

Samples: Third Supplemental Indenture (Semco Energy Inc)

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