General Terms; Additional Notes Sample Clauses
The 'General Terms; Additional Notes' clause serves to outline broad provisions and supplementary information that apply to the entire agreement. Typically, this section includes miscellaneous terms such as governing law, notice requirements, or clarifications that do not fit into other specific sections of the contract. By consolidating these general and additional points, the clause ensures that all parties are aware of overarching rules and any special notes, thereby promoting clarity and reducing the risk of misunderstandings.
General Terms; Additional Notes. All Notes will vote (or consent) as a class with the other Notes and otherwise be treated as a single class of Notes for all purposes of this Indenture. Each Note will bear interest at a rate of 4.625% per annum from the Issue Date or from the most recent date to which interest has been paid or provided for, payable semi-annually on January 15 and July 15 of each year (each such date, an “Interest Payment Date”), commencing January 15, 2022 to Holders of record as of the close of business on January 1 and July 1, whether or not a Business Day, immediately preceding each Interest Payment Date. Additional Notes ranking pari passu with the Initial Notes may be created and issued from time to time by the Company without notice to or consent of the Holders and shall be consolidated with and form a single class with the Initial Notes and shall have the same terms as to status, redemption or otherwise as the Initial Notes other than with respect to the date of issuance and, if applicable, original interest accrual date and original interest payment date; provided that the Company’s ability to issue Additional Notes shall be subject to the Company’s compliance with Section 407 hereof. Any Additional Notes may be issued with the benefit of an indenture supplemental to this Indenture; provided further, however, that in the event any Additional Notes are not fungible with the Initial Notes for U.S. federal income tax purposes, such non-fungible notes will be issued with a separate CUSIP number or ISIN so they are distinguishable from the Initial Notes. The terms and provisions contained in the Notes will constitute, and are hereby expressly made, a part of this Indenture and the Company, the Subsidiary Guarantors and the Trustee expressly agree to such terms and provisions and to be bound thereby. However, to the extent any provision of any Note conflicts with the express provisions of this Indenture, the provisions of this Indenture shall govern and be controlling.
