Common use of Designation, Amount and Issuance of Notes Clause in Contracts

Designation, Amount and Issuance of Notes. The Notes shall be designated as “0.75% Senior Exchangeable Notes due 2024.” The Notes shall initially be issued in an aggregate principal amount of $575,000,000. Upon the execution of this Indenture, or from time to time thereafter, Notes may be executed by the Issuer and delivered to the Trustee for authentication. The Issuer may, without the consent of Holders, issue Additional Notes hereunder in the future on the same terms and conditions of the Notes issued hereunder; provided that if any such Additional Notes are not fungible with the Notes initially offered hereby for U.S. federal income tax purposes, such Additional Notes will have one or more separate CUSIP numbers. The Notes initially issued hereunder and any such Additional Notes shall rank equally and ratably and shall be treated as a single class for all purposes under this Indenture, except with respect to Rule 144 Additional Interest as provided in Section 4.09. The Issuer may not issue any Additional Notes if any Event of Default has occurred and is continuing with respect to the Notes.

Appears in 2 contracts

Samples: Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD)

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Designation, Amount and Issuance of Notes. The Notes shall be designated as “0.751.750% Senior Exchangeable Notes due 20242029.” The Notes shall initially be issued in an aggregate principal amount of $575,000,000250,000,000 . Upon the execution of this Indenture, or from time to time thereafter, Notes may be executed by the Issuer and delivered to the Trustee for authentication. The Issuer may, without the consent of Holders, issue Additional Notes hereunder in the future on the same terms and conditions of the Notes issued hereunder; provided that if any such Additional Notes are not fungible with the Notes initially offered hereby for U.S. federal income tax purposes, such Additional Notes will have one or more separate CUSIP numbers. The Notes initially issued hereunder and any such Additional Notes shall rank equally and ratably and shall be treated as a single class for all purposes under this Indenture, except with respect to Rule 144 Additional Interest as provided in Section 4.09. The Issuer may not issue any Additional Notes if any Event of Default has occurred and is continuing with respect to the Notes.

Appears in 1 contract

Samples: Indenture (Nabors Industries LTD)

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Designation, Amount and Issuance of Notes. The Notes shall be designated as “0.752.00% Senior Exchangeable Notes due 20242020.” The Notes shall initially be issued in an aggregate principal amount of $575,000,000150,000,000 (as increased by an amount equal to the aggregate principal amount of any Additional Notes purchased by the Initial Purchasers pursuant to the exercise of their option to purchase Additional Notes (as defined below) as set forth in the Purchase Agreement). Upon the execution of this Indenture, or from time to time thereafter, Notes may be executed by the Issuer and delivered to the Trustee for authentication. The Issuer may, without the consent of Holders, issue Additional Notes hereunder in the future on the same terms and conditions of the Notes issued hereunder; provided that if any such Additional Notes are not fungible with the Notes initially offered hereby for U.S. federal income tax purposes, such Additional Notes will have one or more separate CUSIP numbers. The Notes initially issued hereunder and any such Additional Notes shall rank equally and ratably and shall be treated as a single class for all purposes under this Indenture, except with respect to Rule 144 Additional 144A Interest as provided in Section 4.094.10. The Issuer may not issue any Additional Notes if any Event of Default has occurred and is continuing with respect to the Notes.

Appears in 1 contract

Samples: Spansion Inc.

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