Authorization of Issue of Shelf Notes. The Company has authorized the issue of additional senior secured promissory notes (the “Shelf Notes”) in an aggregate principal amount of up to $60,000,000, 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, 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 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.
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Northwest Pipe Co)
Authorization of Issue of Shelf Notes. The Company has authorized will authorize the issue of additional its senior secured promissory notes (the “Shelf Notes”) in an the aggregate principal amount of up to $60,000,00050,000,000, 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 years10 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 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.delivered
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Schawk Inc)
Authorization of Issue of Shelf Notes. The Company has authorized will authorize the issue of its additional senior secured promissory notes (the “Shelf Notes”) in an the aggregate principal amount of up to $60,000,000125,000,000, 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 years10 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 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.Note
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Wausau Paper Corp.)
Authorization of Issue of Shelf Notes. The Company has authorized will authorize the issue of additional its senior secured promissory notes (the “"Shelf Notes”") in an the aggregate principal amount of up to $60,000,00015,000,000, 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 yearsyears 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 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.so
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (American Biltrite Inc)
Authorization of Issue of Shelf Notes. The Company has authorized will authorize the issue of additional senior secured promissory notes (the “Shelf Notes”) in an aggregate principal amount of up to $60,000,00025,000,000, 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, 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 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.
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Northwest Pipe Co)
Authorization of Issue of Shelf Notes. The Company has authorized will authorize the issue of its additional senior secured promissory notes (the “Shelf Notes”) in an the aggregate principal amount of up to $60,000,00045,000,000, 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 years10 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 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.
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Wd 40 Co)
Authorization of Issue of Shelf Notes. The Company has authorized will authorize the issue of its additional senior secured promissory notes (the “Shelf Notes”) in an the aggregate principal amount of up to $60,000,000125,000,000, 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 years10 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 issued, in the Confirmation of Acceptance with respect to such Shelf Note delivered pursuant to paragraph 2B(5Section 2.2(e), and to be substantially in the form of Exhibit A-2 attached hereto.1.2 attached
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Wausau Paper Corp.)