Common use of Authorized Amount; Stated Maturity; Denominations Clause in Contracts

Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture is limited to U.S.$401,750,000 (except for (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.5, Section 2.6 or Section 8.5 of this Indenture or (ii) Additional Notes issued in accordance with Sections 2.13 and 3.2). Such Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Original Principal Amount U.S. $252,000,000 U.S. $149,750,000 Stated Maturity January 18, 2030 January 25, 2122 Fixed Rate Note No N/A Interest Rate Benchmark + 2.00% N/A Floating Rate Note Yes N/A KBRA “A(sf)” N/A Pari Passu Classes None None Junior Classes Subordinated None Interest Deferrable No N/A The Secured Notes shall be issued in minimum denominations of U.S. $100,000 and integral multiples of U.S. $1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S. $1,700,000 and integral multiples of U.S. $1,000 in excess thereof; provided, that the Subordinated Notes issued to the initial Holders of the Subordinated Notes on the Closing Date will not be subject to such minimum denomination threshold amounts and the initial Holders of the Subordinated Notes may sell and/or transfer such Subordinated Notes to any Affiliate thereof in amounts that do not meet the minimum denomination threshold. Notes shall only be transferred or resold in compliance with the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (Golub Capital BDC 3, Inc.)

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Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture is limited to U.S.$401,750,000 U.S.$320,000,000 aggregate principal amount of Notes (except for (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.5, Section 2.6 or Section 8.5 of this Indenture or (ii) Additional Notes issued in accordance with Sections 2.13 and 3.2Indenture). Such Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Original Principal Amount U.S. Amount1 U.S.$88,000,000 $252,000,000 U.S. 10,000,000 $149,750,000 Stated Maturity January 18, 2030 January 25, 2122 Fixed Rate Note No 11,500,000 $10,500,000 $40,000,000 Index Maturity2 3 month 3 month 3 month 3 month N/A Interest Rate Benchmark + 2.00% N/A Floating Rate Note Yes N/A KBRA S&P A(sfAAA (sf)” N/“AA (sf)” “A Pari Passu Classes (sf)” “BBB (sf)” None Xxxxx’x “Aaa (sf)” “Aa2 (sf)” “A2 (sf)” “Baa2 (sf)” None Junior Classes Subordinated None Interest Deferrable No N/A The Secured Notes shall be issued in minimum denominations of U.S. $100,000 U.S.$250,000 and integral multiples of U.S. $1,000 U.S.$1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S. $1,700,000 U.S.$100,000 and integral multiples of U.S. $1,000 U.S.$1.00 in excess thereof; provided, that the Subordinated Notes issued to the initial Holders of the Subordinated Notes on the Closing Date will not be subject to such minimum denomination threshold amounts and the initial Holders of the Subordinated Notes may sell and/or transfer such Subordinated Notes to any Affiliate thereof in amounts that do not meet the minimum denomination threshold. Notes shall only be transferred or resold in compliance with the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (TICC Capital Corp.)

Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture is limited to U.S.$401,750,000 U.S.$219,500,000 aggregate principal amount of Secured Notes and U.S.$80,500,000 face amount of Subordinated Notes (except for (i) Deferred Interest with respect to the Class B Notes and/or the Class C Notes, (ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.5, Section 2.6 or Section 8.5 of this Indenture or (iiiii) Additional additional Subordinated Notes issued in accordance with Sections 2.13 and 3.2). Such Notes shall be divided into the Classes, having the designations, original principal amounts or face amounts (in the case of the Subordinated Notes) and other characteristics as follows: Original Principal Amount U.S. $252,000,000 U.S. $149,750,000 Stated Maturity January 18, 2030 January 25, 2122 Fixed Rate Note No N/A Interest Rate Benchmark + 2.00% N/A Floating Rate Note Yes N/A KBRA “A(sf)” N/A Pari Passu Classes None None Junior Classes Subordinated None Interest Deferrable No N/A or Face Amount1 U.S.$164,500,000 U.S.$25,000,000 U.S.$12,000,000 U.S.$18,000,000 U.S.$80,500,000 The Secured Notes shall be issued in minimum denominations of U.S. $100,000 U.S.$250,000 and integral multiples of U.S. $1,000 U.S.$1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S. $1,700,000 U.S.$100,000 and integral multiples of U.S. $1,000 U.S.$1,000 in excess thereof; provided, that the Subordinated Notes issued to the initial Holders of the Subordinated Notes on the Closing Date will not be subject to such minimum denomination threshold amounts and the initial Holders of the Subordinated Notes may sell and/or transfer such Subordinated Notes to any Affiliate thereof in amounts that do not meet the minimum denomination threshold. Notes shall only be transferred or resold in compliance with the terms of this Indenture. 1 As of the Closing Date. 2 LIBOR shall be calculated by reference to three-month LIBOR, in accordance with the definition of LIBOR set forth in Exhibit C hereto; provided that LIBOR for the first Interest Accrual Period shall equal 0.31155%.

Appears in 1 contract

Samples: Indenture (Garrison Capital LLC)

Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture is limited to U.S.$401,750,000 U.S.$140,000,000 aggregate principal amount of Notes (except for (i) Deferred Interest with respect to the Class C-1 Notes and the Class D-1 Notes, (ii) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.5, Section 2.6 or Section 8.5 of this Indenture or (iiiii) Additional Notes additional notes issued in accordance with Sections 2.13 and 3.2). Such Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Original Principal Amount U.S. $252,000,000 U.S. $149,750,000 Stated Maturity January 18, 2030 January 25, 2122 Fixed Rate Note No N/A Interest Rate Benchmark + 2.00% N/A Floating Rate Note Yes N/A KBRA S&P A(sfAAA (sf)” N/“AA (sf)” “A Pari Passu Classes (sf)” “BBB (sf)” None Moody’s “Aaa (sf)” “Aa2 (sf)” “A2 (sf)” “Baa2 (sf)” None Junior Classes Subordinated None 1 As of the Closing Date. 2 LIBOR for each floating rate note shall be calculated by reference to three-month LIBOR, in accordance with the definition of LIBOR set forth in Exhibit C hereto; provided that LIBOR for the first Interest Deferrable No N/A Accrual Period shall equal 0.32298%. The Secured Notes shall be issued in minimum denominations of U.S. $100,000 U.S.$250,000 and integral multiples of U.S. $1,000 U.S.$1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S. $1,700,000 U.S.$100,000 and integral multiples of U.S. $1,000 U.S.$1.00 in excess thereof; provided, that the Subordinated Notes issued to the initial Holders of the Subordinated Notes on the Closing Date will not be subject to such minimum denomination threshold amounts and the initial Holders of the Subordinated Notes may sell and/or transfer such Subordinated Notes to any Affiliate thereof in amounts that do not meet the minimum denomination threshold. Notes shall only be transferred or resold in compliance with the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (KCAP Financial, Inc.)

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Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture is limited to U.S.$401,750,000 U.S.$251,169,000 (except for (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.5, Section 2.6 or Section 8.5 of this Indenture or (ii) Additional Notes issued in accordance with Sections 2.13 and 3.2). Such Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Original Principal Amount U.S. $252,000,000 U.S. $149,750,000 U.S.$160,750,000 U.S.$25,100,000 U.S.$65,319,000 Anticipated Repayment Date January 22, 2027 January 22, 2027 N/A Stated Maturity January 18September 22, 2030 January 252033 September 22, 2122 2033 September 22, 2033 Fixed Rate Note No Yes N/A Interest Rate Benchmark + 2.003.50% 11.16% N/A Floating Rate Note Yes No N/A KBRA “A(sf)” “BBB(sf)” N/A Priority Classes None A A, B Pari Passu Classes None None None Junior Classes B, Subordinated Subordinated None Interest Deferrable No No N/A The Secured Notes shall be issued in minimum denominations of U.S. $100,000 U.S.$100,000 and integral multiples of U.S. $1,000 in excess thereof. The Subordinated Notes shall will be issued in minimum denominations of U.S. $1,700,000 730,000 and integral multiples of U.S. $1,000 in excess thereof; provided, that the Subordinated Notes issued to the initial Holders of the Subordinated Notes on the Closing Date will not be subject to such minimum denomination threshold amounts and the initial Holders of the Subordinated Notes may sell and/or transfer such Subordinated Notes to any Affiliate thereof in amounts that do not meet the minimum denomination threshold. Notes shall only be transferred or resold in compliance with the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (Monroe Capital Income Plus Corp)

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