Common use of Execution, Authentication and Delivery of Notes Clause in Contracts

Execution, Authentication and Delivery of Notes. The Notes shall be executed in the name and on behalf of the Authority by the manual or facsimile signature of an Authorized Representative of the Authority. Any Note may be signed (manually or by facsimile) or attested on behalf of the Authority by any person who, at the date of such act, shall hold the proper office or position, notwithstanding that at the date of authentication, issuance or delivery, such person may have ceased to hold such office or position. The Trustee shall upon Authority Order authenticate and deliver the Notes for original issue in an aggregate principal amount of $576,800,000. The aggregate principal amount of Outstanding Notes at any time may not exceed such amount except as provided in Section 2.04 hereof. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes, in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof (the “Authorized Denominations”). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless there appears on such Note a certificate of authentication in accordance with Section 2.05 hereof. The Notes will be initially issued in book-entry form and will be represented by a book-entry note certificate deposited on the Date of Issuance with the Trustee, as custodian for the initial Clearing Agency and registered in the name of “Cede & Co.” as initial nominee for the initial Clearing Agency.

Appears in 1 contract

Samples: Indenture of Trust

AutoNDA by SimpleDocs

Execution, Authentication and Delivery of Notes. The Notes shall be executed in the name and on behalf of the Authority by the manual or facsimile signature of an Authorized Representative of the Authority. Any Note may be signed (manually or by facsimile) or attested on behalf of the Authority by any person who, at the date of such act, shall hold the proper office or position, notwithstanding that at the date of authentication, issuance or delivery, such person may have ceased to hold such office or position. The Trustee shall upon Authority Order authenticate and deliver the Notes for original issue in an aggregate principal amount of $576,800,000186,000,000. The aggregate principal amount of Notes Outstanding Notes at any time may not exceed such amount except as provided in Section 2.04 hereof. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes, in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof (the “Authorized Denominations”). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless there appears on such Note a certificate of authentication in accordance with Section 2.05 hereof. The Each Class of Notes will be initially issued in bookBook-entry form Entry Form and will be represented by a book-entry note certificate deposited on the Date of Issuance with the Trustee, as custodian for the initial Clearing Agency and registered in the name of “Cede & Co.” as initial nominee for the initial Clearing Agency.

Appears in 1 contract

Samples: Indenture of Trust

Execution, Authentication and Delivery of Notes. The Notes shall be executed in the name and on behalf of the Authority by the manual or facsimile signature of an Authorized Representative of the Authority. Any Note may be signed (manually or by facsimile) or attested on behalf of the Authority by any person who, at the date of such act, shall hold the proper office or position, notwithstanding that at the date of authentication, issuance or delivery, such person may have ceased to hold such office or position. The Trustee shall upon Authority Order authenticate and deliver the Notes for original issue in an aggregate principal amount of $576,800,000822,500,000. The aggregate principal amount of Outstanding Notes at any time may not exceed such amount except as provided in Section 2.04 hereof. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes, in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof (the “Authorized Denominations”). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless there appears on such Note a certificate of authentication in accordance with Section 2.05 hereof. The Notes will be initially issued in book-entry form and will be represented by a book-entry note certificate deposited on the Date of Issuance with the Trustee, as custodian for the initial Clearing Agency and registered in the name of “Cede & Co.” as initial nominee for the initial Clearing Agency.

Appears in 1 contract

Samples: Indenture of Trust

Execution, Authentication and Delivery of Notes. The Notes shall be executed in the name and on behalf of the Authority by with the manual or facsimile signature signatures of an Authorized Representative of the Authority. Any Note may be signed (manually or by facsimile) or attested on behalf of the Authority by any person who, at the date of such act, shall hold the proper office or position, notwithstanding that at the date of authentication, issuance or delivery, such person may have ceased to hold such office or position. The Trustee shall upon Authority Order authenticate and deliver the Class A-1A Notes for original issue in an aggregate principal amount of $576,800,000125,000,000, the Class A-1B Notes for original issue in an aggregate principal amount of $387,000,000 and the Class B Notes for original issue in an aggregate principal amount of $11,900,000. The aggregate principal amount of each Class of Outstanding Notes at any time may not exceed such amount amounts except as provided in Section 2.04 hereof. Each initially issued Note shall be dated the date of its authentication. Notes subsequently issued in exchange for other Notes or as replacement Notes shall be dated as of their date of authentication. The Notes shall be issuable as registered Notesnotes, in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof (the “Authorized Denominations”). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless there appears on such Note a certificate of authentication in accordance with Section 2.05 hereof. The Notes will be initially issued in book-entry form and will be represented by a book-entry note certificate deposited on the Date of Issuance with the Trustee, as custodian for the initial Clearing Agency and registered in the name of “Cede & Co.” as initial nominee for the initial Clearing Agency.

Appears in 1 contract

Samples: Indenture of Trust

AutoNDA by SimpleDocs

Execution, Authentication and Delivery of Notes. The Notes shall be executed in the name and on behalf of the Authority by with the manual or facsimile signature signatures of an Authorized Representative of the Authority. Any Note may be signed (manually or by facsimile) or attested on behalf of the Authority by any person who, at the date of such act, shall hold the proper office or position, notwithstanding that at the date of authentication, issuance or delivery, such person may have ceased to hold such office or position. The Trustee shall upon Authority Order authenticate and deliver the Class A-1A Notes for original issue in an aggregate principal amount of $576,800,000135,000,000, the Class A-1B Notes for original issue in an aggregate principal amount of $301,000,000 and the Class B Notes for original issue in an aggregate principal amount of $10,000,000. The aggregate principal amount of each Class of Outstanding Notes at any time may not exceed such amount amounts except as provided in Section 2.04 hereof. Each initially issued Note shall be dated the date of its authentication. Notes subsequently issued in exchange for other Notes or as replacement Notes shall be dated as of their date of authentication. The Notes shall be issuable as registered Notesnotes, in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof (the “Authorized Denominations”). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless there appears on such Note a certificate of authentication in accordance with Section 2.05 hereof. The Notes will be initially issued in book-entry form and will be represented by a book-entry note certificate deposited on the Date of Issuance with the Trustee, as custodian for the initial Clearing Agency and registered in the name of “Cede & Co.” as initial nominee for the initial Clearing Agency.

Appears in 1 contract

Samples: Indenture of Trust

Execution, Authentication and Delivery of Notes. The Notes shall be executed in the name and on behalf of the Authority by with the manual or facsimile signature signatures of an Authorized Representative of the Authority. Any Note may be signed (manually or by facsimile) or attested on behalf of the Authority by any person who, at the date of such act, shall hold the proper office or position, notwithstanding that at the date of authentication, issuance or delivery, such person may have ceased to hold such office or position. The Trustee shall upon Authority Order authenticate and deliver the Class A-1A Notes for original issue in an aggregate principal amount of $576,800,00015,000,000, the Class A-1B Notes for original issue in an aggregate principal amount of $178,000,000 and the Class B Notes for original issue in an aggregate principal amount of $4,500,000. The aggregate principal amount of each Class of Outstanding Notes at any time may not exceed such amount amounts except as provided in Section 2.04 hereof. Each initially issued Note shall be dated the date of its authentication. Notes subsequently issued in exchange for other Notes or as replacement Notes shall be dated as of their date of authentication. The Notes shall be issuable as registered Notesnotes, in minimum denominations of $100,000 and in integral multiples of $1,000 in excess thereof (the “Authorized Denominations”). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose, unless there appears on such Note a certificate of authentication in accordance with Section 2.05 hereof. The Notes will be initially issued in book-entry form and will be represented by a book-entry note certificate deposited on the Date of Issuance with the Trustee, as custodian for the initial Clearing Agency and registered in the name of “Cede & Co.” as initial nominee for the initial Clearing Agency.

Appears in 1 contract

Samples: Indenture of Trust

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!