Common use of Creation of Notes Clause in Contracts

Creation of Notes. The Australian Borrower creates Notes in favour of each Lender by inscription in the Register. The Notes have an aggregate principal amount outstanding from time to time equal to the principal amount subscribed by the relevant Lender under the Facilities Agreement as recorded in the Register and a maximum aggregate principal amount equal to the sum of the relevant Lender’s Commitment plus AUS$1.

Creation of Notes. The Australian Borrower creates may create Notes in favour of each Lender by inscription in the Register. The Notes have an aggregate principal amount outstanding from time to time equal to the principal amount subscribed by the relevant Lender under the Facilities Facility Agreement as recorded in the Register and a maximum aggregate principal amount equal to the sum of the relevant Lender’s Commitment in respect of that Facility plus AUS$1.

Creation of Notes. The Australian Borrower creates may create and issue Notes in favour of each Lender under a Facility by inscription in the Register. The Notes have an aggregate principal amount outstanding from time to time equal to the principal amount subscribed by the relevant Lender under the Facilities Agreement as recorded in the Register and a maximum aggregate principal amount equal to the sum of the relevant Lender’s Commitment in respect of the relevant Facility plus AUS$1.

Creation of Notes. The Australian Borrower creates may create and issue Notes in favour of each Lender under a Facility by inscription in the Register. The Notes have an aggregate principal amount outstanding from time to time equal to the aggregate outstanding principal amount subscribed by the relevant Lender under the Facilities Agreement as recorded in the Register plus AUS$1 and a maximum aggregate principal amount equal to the sum of the relevant Lender’s Commitment in respect of the relevant Facility plus AUS$1.

Creation of Notes. The Australian Borrower creates Notes in favour of each Lender by inscription in the Register. The Notes have an aggregate principal amount outstanding from time to time equal to the principal amount subscribed by the relevant Lender under the Facilities Agreement as recorded in the Register and a maximum aggregate principal amount equal to the sum of the relevant Lender’s 's Commitment plus AUS$1.