Common use of Authorization of Issue of Shelf Notes Clause in Contracts

Authorization of Issue of Shelf Notes. The Company will authorize the issue of its senior promissory notes (the "Shelf Notes") in the aggregate principal amount of $15,000,000, to be dated the date of issue thereof, to mature, in the case of each Shelf Note so issued, no more than 10 years after the date of original issuance thereof, to have an average life, in the case of each Shelf Note so issued, of no more than 7 years after the date of original issuance thereof, to bear interest on the unpaid balance thereof from the date thereof at the rate per annum, and to have such other particular terms, as shall be set forth, in the case of each Shelf Note so

Authorization of Issue of Shelf Notes. The Company will authorize the issue of its additional senior secured promissory notes (the "“Shelf Notes"”) in the aggregate principal amount of $15,000,00045,000,000, to be dated the date of issue thereof, to mature, in the case of each Shelf Note so issued, no no 1. more than 10 12 years after the date of original issuance thereof, to have an average life, in the case of each Shelf Note so issued, of no more than 7 10 years after the date of original issuance thereof, to bear interest on the unpaid balance thereof from the date thereof at the rate per annum, and to have such other particular terms, as shall be set forth, in the case of each Shelf Note soso issued, in the Confirmation of Acceptance with respect to such Shelf Note delivered pursuant to paragraph 2B(5), and to be substantially in the form of Exhibit A-2 attached hereto.

Authorization of Issue of Shelf Notes. The Company will authorize has authorized the issue of its additional senior secured promissory notes (the "“Shelf Notes"”) in the an aggregate principal amount of up to $15,000,00060,000,000, to be dated the date of issue thereof, to mature, in the case of each Shelf Note so issued, no more than 10 years after the date of original issuance thereof, to have an average life, in the case of each Shelf Note so issued, of no more than 7 years after the date of original issuance thereofyears, to bear interest on the unpaid balance thereof from the date thereof at the rate per annum, and to have such other particular terms, as shall be set forth, in the case of each Shelf Note soso issued, in the Confirmation of Acceptance with respect to such Shelf Note delivered pursuant to paragraph 2B(5), and to be substantially in the form of Exhibit A-2 attached hereto.

Authorization of Issue of Shelf Notes. The Company will authorize the issue of its additional senior promissory notes (the "“Shelf Notes"”) in the aggregate principal amount of $15,000,000125,000,000, to be dated the date of issue thereof, to mature, in the case of each Shelf Note so issued, no more than 10 12 years after the date of original issuance thereof, to have an average life, in the case of each Shelf Note so issued, of no more than 7 10 years after the date of original issuance thereof, to bear interest on the unpaid balance thereof from the date thereof at the rate per annum, and to have such other particular terms, as shall be set forth, in the case of each Shelf Note soso issued, in the Confirmation of Acceptance with respect to such Shelf Note delivered pursuant to Section 2.2(e), and to be substantially in the form of Exhibit 1.2 attached

Authorization of Issue of Shelf Notes. The Company will authorize the issue of its senior promissory notes (the "“Shelf Notes"”) in the aggregate principal amount of $15,000,00050,000,000, to be dated the date of issue thereof, to mature, in the case of each Shelf Note so issued, no more than 10 years after the date of original issuance thereof, to have an average life, in the case of each Shelf Note so issued, of no more than 7 10 years after the date of original issuance thereof, to bear interest on the unpaid balance thereof from the date thereof at the rate per annum, and to have such other particular terms, as shall be set forth, in the case of each Shelf Note soso issued, in the Confirmation of Acceptance with respect to such Shelf Note delivered

Authorization of Issue of Shelf Notes. The Company will authorize the issue of its additional senior promissory notes (the "“Shelf Notes"”) in the aggregate principal amount of $15,000,000125,000,000, to be dated the date of issue thereof, to mature, in the case of each Shelf Note so issued, no more than 10 12 years after the date of original issuance thereof, to have an average life, in the case of each Shelf Note so issued, of no more than 7 10 years after the date of original issuance thereof, to bear interest on the unpaid balance thereof from the date thereof at the rate per annum, and to have such other particular terms, as shall be set forth, in the case of each Shelf Note soso issued, in the Confirmation of Acceptance with respect to such Shelf Note

Authorization of Issue of Shelf Notes. The Company will authorize the issue of its additional senior secured promissory notes (the "“Shelf Notes"”) in the an aggregate principal amount of up to $15,000,00025,000,000, to be dated the date of issue thereof, to mature, in the case of each Shelf Note so issued, no more than 10 years after the date of original issuance thereof, to have an average life, in the case of each Shelf Note so issued, of no more than 7 years after the date of original issuance thereofyears, to bear interest on the unpaid balance thereof from the date thereof at the rate per annum, and to have such other particular terms, as shall be set forth, in the case of each Shelf Note soso issued, in the Confirmation of Acceptance with respect to such Shelf Note delivered pursuant to paragraph 2B(5), and to be substantially in the form of Exhibit A-2 attached hereto.