Common use of Establishment of Terms of Series of Securities Clause in Contracts

Establishment of Terms of Series of Securities. At or prior to the issuance of any Securities within a Series, the following shall be established by a Board Resolution, a supplemental indenture or an Officers' Certificate pursuant to authority granted under a Board Resolution: (a) the title of the Series (which shall distinguish the Securities of that particular Series from the Securities of any other Series); and (b) the limit upon the aggregate principal amount of the Securities of the Series which may be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the Series pursuant to Section 2.7, 2.8, 2.11, 3.8 or 9.6).

Establishment of Terms of Series of Securities. At or prior to the issuance of any Securities within a Series, the following shall be established by a Board Resolution, a supplemental indenture or an Officers' Certificate pursuant to authority granted under a Board Resolution: (a) 2.2.1. the title of the Series (which shall distinguish the Securities of that particular Series from the Securities of any other Series); and (b) 2.2.2. the limit upon the aggregate principal amount of the Securities of the Series which may be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the Series pursuant to Section 2.7, 2.8, 2.11, 3.8 or 9.6).