General Limitations; Issuable in Series. (a) Any increase in the outstanding principal amount of any Pre-Existing Bond (other than an advance under a Pre-Existing Bond held by a Credit Enhancer) shall be deemed an issuance of an Additional Obligation and shall, therefore, be subject to satisfying the conditions for the issuance of Additional Obligations provided in Article IV.
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Samples: Indenture (Old Dominion Electric Cooperative), Indenture (Old Dominion Electric Cooperative)
General Limitations; Issuable in Series. (a) Any increase in the outstanding principal amount of any Pre-Existing Bond (other than an advance under a Pre-Existing Bond held by a Credit Enhancer) shall be deemed an issuance of an Additional Obligation and shall, therefore, be subject to satisfying the conditions for the issuance of Additional Obligations provided in Article IV4.
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General Limitations; Issuable in Series. (a) A. Any increase in the outstanding principal amount of any Pre-Existing Bond (other than an advance under a Pre-Existing Bond held by a Credit Enhancer) shall be deemed an issuance of an Additional Obligation and shall, therefore, be subject to satisfying the conditions for the issuance of Additional Obligations provided in Article IV.
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