Common use of Authorization of Issue of Series B Notes Clause in Contracts

Authorization of Issue of Series B Notes. The Company will authorize the issue of its senior promissory notes (the “Series B Notes”) in the aggregate principal amount of $100,000,000, to be dated the date of issue thereof, to mature May 4, 2027, to bear interest on the unpaid balance thereof from the date thereof until the principal thereof shall have become due and payable at the rate of 3.10% per annum, but at the Default Rate if an Event of Default has occurred and is continuing and at the Default Rate on any overdue Make Whole Amount and interest, and to be substantially in the form of Exhibit A-1 attached hereto. The terms “Series B Note” and “Series B Notes” as used herein shall include each such senior promissory note delivered pursuant to any provision of this Agreement and each such senior promissory note delivered in substitution or exchange for any other Series B Note pursuant to any such provision. Capitalized terms used herein have the meanings specified in paragraph 10.

Authorization of Issue of Series B Notes. The Company will authorize the issue of its senior promissory notes (the “Series B Notes”) in the aggregate principal amount of $100,000,000, to be dated the date of issue thereof, to mature May 4July 25, 20272042, to bear interest on the unpaid balance thereof from the date thereof until the principal thereof shall have become due and payable at the rate of 3.104.40% per annumannum (subject to adjustment as provided in Section 9.8 hereof), but at the Default Rate if an Event of Default has occurred and is continuing and at the Default Rate on any overdue Make principal, Make-Whole Amount and interestinterest at the rate specified therein, and to be substantially in the form of Exhibit A-1 1B attached hereto. The terms “Series B Note” and “Series B Notes” as used herein shall include each such senior promissory note Series B Note delivered pursuant to any provision of this Agreement and each such senior promissory note Series B Note delivered in substitution or exchange for any other such Series B Note pursuant to any such provision. Capitalized terms used herein have the meanings specified in paragraph 10.”

Authorization of Issue of Series B Notes. The Company will authorize the issue of its senior promissory notes (the “Series B Notes”) in the aggregate principal amount of $100,000,00025,000,000, to be dated the date of issue thereof, to mature May 4, 2027, five years after the Series B Closing Day to bear interest on the unpaid balance thereof from the date thereof until the principal thereof shall have become due and payable at the rate of 3.106.09% per annum, but at the Default Rate if an Event of Default has occurred and is continuing and at the Default Rate on any overdue Make Whole Amount and interest, and to be substantially in the form of Exhibit A-1 A-2 attached hereto. The terms “Series B Note” and “Series B Notes” as used herein shall include each such senior promissory note Series B Note delivered pursuant to any provision of this Agreement and each such senior promissory note Series B Note delivered in substitution or exchange for any other such Series B Note pursuant to any such provision. Capitalized terms used herein have the meanings specified in paragraph 10.

Authorization of Issue of Series B Notes. The Company will authorize the issue of its senior promissory notes (the “Series "SERIES B Notes”NOTES") in the aggregate principal amount of $100,000,00025,000,000, to be dated the date of issue thereof, to mature May 4January 10, 20272011, to bear interest on the unpaid balance thereof from the date thereof until the principal thereof shall have become due and payable at the rate of 3.107.90% per annumannum and on overdue principal, but Yield-Maintenance Amount and interest at the Default Rate if an Event of Default has occurred and is continuing and at the Default Rate on any overdue Make Whole Amount and interestrate specified therein, and to be substantially in the form of Exhibit A-1 attached hereto. The terms “Series "SERIES B Note” NOTE" and “Series "SERIES B Notes” NOTES" as used herein shall include each such senior promissory note Series B Note delivered pursuant to any provision of this Agreement and each such senior promissory note Series B Note delivered in substitution or exchange for any other such Series B Note pursuant to any such provision. Capitalized terms used herein have the meanings specified in paragraph 10.