Common use of Denomination, Issue and Status Clause in Contracts

Denomination, Issue and Status. 3.1 The Debentures are issued in amounts and multiples of one pound Sterling (£1.00) in nominal amount. 3.2 The aggregate principal amount of the Debentures is limited to a maximum of £1,055,000. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and unsecured obligations of the Issuer and rank and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding unsecured and unsubordinated obligations of the Issuer, without any preference among themselves. 3.4 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions. The Debentures may only be transferred in accordance with the Abundance Terms and Conditions or, if applicable, in accordance with clauses 2.7 and 2.8.

Appears in 1 contract

Samples: Debenture Deed

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Denomination, Issue and Status. 3.1 The Debentures are issued in amounts and multiples of one pound Sterling (£1.00) in nominal amount. 3.2 The aggregate principal amount of the Debentures is limited to a maximum of £1,055,0002,455,000. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and unsecured obligations of the Issuer and rank and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding unsecured and unsubordinated obligations of the Issuer, without any preference among themselves. 3.4 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions. The Debentures may only be transferred in accordance with the Abundance Terms and Conditions or, if applicable, in accordance with clauses 2.7 and 2.8.

Appears in 1 contract

Samples: Debenture Deed

Denomination, Issue and Status. 3.1 The Debentures are issued in minimum amounts of five pounds Sterling (£5.00) and multiples of one pound Sterling (£1.00) in nominal amount). 3.2 The aggregate principal amount of the Debentures is limited to a maximum of four hundred and ninety-five thousand pounds sterling (£1,055,000495,000). 3.3 As and when issued, the Debentures shall constitute direct, unconditional and unsecured obligations of the Issuer and rank and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding unsecured and unsubordinated obligations of the Issuer, without any preference among themselves. 3.4 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions. The Debentures may only be transferred in accordance with the Abundance Terms and Conditions or, if applicable, in accordance with clauses 2.7 and 2.8.

Appears in 1 contract

Samples: Debenture Deed

Denomination, Issue and Status. 3.1 The Debentures are issued in amounts and multiples of one pound Sterling (£1.00) in nominal amount. 3.2 The aggregate principal amount of the Debentures is limited to a maximum of three hundred thousand pounds sterling (£1,055,000300,000). 3.3 As and when issued, the Debentures shall constitute direct, unconditional and unsecured obligations of the Issuer and rank and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding unsecured and unsubordinated obligations of the Issuer, without any preference among themselves. 3.4 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions. The Debentures may only be transferred in accordance with the Abundance Terms and Conditions or, if applicable, in accordance with clauses 2.7 and 2.8.

Appears in 1 contract

Samples: Debenture Deed

Denomination, Issue and Status. 3.1 The Debentures are issued in amounts and multiples of one pound Sterling (£1.00) in nominal amount. 3.2 The aggregate principal amount of the Debentures is limited to a maximum of £1,055,0001,783,000. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and unsecured obligations of the Issuer and rank and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding unsecured and unsubordinated obligations of the Issuer, without any preference among themselves. 3.4 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions. The Debentures may only be transferred in accordance with the Abundance Terms and Conditions or, if applicable, in accordance with clauses 2.7 and 2.8.

Appears in 1 contract

Samples: Debenture Deed

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Denomination, Issue and Status. 3.1 The Debentures are issued in amounts and multiples of one pound Sterling (£1.00) in nominal amount. 3.2 The aggregate principal amount of the Debentures is limited to a maximum of £1,055,0001,910,000. 3.3 As and when issued, the Debentures shall constitute direct, unconditional and unsecured obligations of the Issuer and rank and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding unsecured and unsubordinated obligations of the Issuer, without any preference among themselves. 3.4 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions. The Debentures may only be transferred in accordance with the Abundance Terms and Conditions or, if applicable, in accordance with clauses 2.7 and 2.8.

Appears in 1 contract

Samples: Debenture Deed

Denomination, Issue and Status. 3.1 The Debentures are issued in amounts and multiples of one pound Sterling (£1.00) in nominal amount. 3.2 The aggregate principal amount of the Debentures is limited to a maximum of one million, four hundred thousand Pounds Sterling (£1,055,0001,400,000). 3.3 As and when issued, the Debentures shall constitute direct, unconditional and unsecured obligations of the Issuer and rank and will rank pari passu, equally and rateably without discrimination or preference with all other outstanding unsecured and unsubordinated obligations of the Issuer, without any preference among themselves. 3.4 The Debentures are issued to, and can only be held by, Members in accordance with the Abundance Terms and Conditions. The Debentures may only be transferred in accordance with the Abundance Terms and Conditions or, if applicable, in accordance with clauses 2.7 and 2.8.

Appears in 1 contract

Samples: Debenture Deed

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