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

Authorization of Issue of Series B Notes. The Company has authorized the issue of its senior secured promissory notes (the "Series B Notes") in the aggregate principal amount of $105,000,000, to be dated the date of issue thereof, to mature May 19, 2020, 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 4.79% per annum and on overdue payments at the rate per annum set forth therein, and to be substantially in the form of Exhibit A-2 ----------- attached hereto. The term "Series B Notes" as used herein shall include each such Series B Note delivered pursuant to any provision of this Agreement and each such Series B Note delivered in substitution or exchange for any other Series B Note pursuant to any such provision and the term "Notes" as used herein shall include each Series A Note and each Series B Note.

Authorization of Issue of Series B Notes. The Company has authorized will authorize the issue in one or more series of its senior secured promissory notes (the "“Series B Notes"”) in the an aggregate principal amount of not to exceed $105,000,000100,000,000, to be dated the date of issue thereof, to mature May 19July 25, 20202042, 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 4.794.40% per annum annum, and on overdue payments principal, Make-Whole Amount and interest at the rate per annum set forth specified therein, and to be substantially in the form of Exhibit A-2 ----------- 1B attached hereto. The term "terms “Series B Note” and “Series B Notes" ” as used herein shall include each such Series B Note delivered pursuant to any provision of this Agreement and each such Series B Note delivered in substitution or exchange for any other such Series B Note pursuant to any such provision and the term "Notes" as used herein shall include each Series A Note and each Series B Noteprovision.

Authorization of Issue of Series B Notes. The Company has authorized will authorize the issue of its senior secured promissory notes (the "“Series B Notes"”) in the aggregate principal amount of $105,000,000150,000,000, to be dated the date of issue thereof, to mature May 19July 25, 20202042, 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 4.794.40% per annum (subject to adjustment as provided in Section 9.8 hereof), and on overdue payments principal, Make-Whole Amount and interest at the rate per annum set forth specified therein, and to be substantially in the form of Exhibit A-2 ----------- 1B attached hereto. The term "terms “Series B Note” and “Series B Notes" ” as used herein shall include each such Series B Note delivered pursuant to any provision of this Agreement and each such Series B Note delivered in substitution or exchange for any other such Series B Note pursuant to any such provision and the term "Notes" as used herein shall include each Series A Note and each Series B Noteprovision.”

Authorization of Issue of Series B Notes. The Company has authorized will authorize the issue of its senior secured promissory notes (the "“Series B Notes"”) in the aggregate principal amount of $105,000,000150,000,000, to be dated the date of issue thereof, to mature May 19July 25, 20202042, 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 4.794.40% per annum annum, and on overdue payments principal, Make-Whole Amount and interest at the rate per annum set forth specified therein, and to be substantially in the form of Exhibit A-2 ----------- 1B attached hereto. The term "terms “Series B Note” and “Series B Notes" ” as used herein shall include each such Series B Note delivered pursuant to any provision of this Agreement and each such Series B Note delivered in substitution or exchange for any other such Series B Note pursuant to any such provision and the term "Notes" as used herein shall include each Series A Note and each Series B Noteprovision.