Issue of Securities Generally. The Securities may be issued in one or more series as from time to time shall be authorized by the Board of Directors. The Securities of each series and the Trustee's Certificate of Authentication shall be substantially in the forms to be attached as exhibits to this Indenture or supplemental indenture providing for their issuance, but in the case of Securities other than Series A Securities, with such inclusions, omissions and variations as are authorized or permitted by this Indenture. The Securities may have such letters, numbers or other marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as the Company may deem appropriate and as are not inconsistent with the provisions of this Indenture, or as may be required to comply with any law or with any rule or regulation made pursuant thereto or with any rule or regulation of any securities exchange on which the Securities may be listed, or to conform to usage. Each Security shall be dated the date of its authentication. The several series of Securities may differ from the Series A Securities, and as and between series, in respect of any or all of the following matters: (a) designation; (b) date or dates of maturity, which may be serial; (c) rate (or method of determining the rate) of interest or Additional Interest, if any; (d) interest payment dates and the record dates therefor and the frequency of interest payments;
Appears in 2 contracts
Samples: Indenture (Pennsylvania Electric Co), Indenture (Metropolitan Edison Co)
Issue of Securities Generally. The Securities may be issued in one or more series as from time to time shall be authorized by the Board of Directors. The Securities of each series and the Trustee's Certificate of Authentication shall be substantially in the forms to be attached as exhibits to this Indenture or supplemental indenture providing for their issuance, but in the case of Securities other than Series A Securities, with such inclusions, omissions and variations as are authorized or permitted by this Indenture. The Securities may have such letters, numbers or other marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as the Company may deem appropriate and as are not inconsistent with the provisions of this Indenture, or as may be required to comply with any law or with any rule or regulation made pursuant thereto or with any rule or regulation of any securities exchange on which the Securities may be listed, or to conform to usage. Each Security shall be dated the date of its authentication. The several series of Securities may differ from the Series A Securities, and as and between series, in respect of any or all of the following matters:
(a) designation;
(b) date or dates of maturity, which may be serial;
(c) rate (or method of determining the rate) of interest or Additional Interest, if any;
(d) interest payment dates and the record dates therefor and the frequency of interest payments;
Appears in 2 contracts
Samples: Indenture (Met Ed Capital Trust), Indenture (Penelec Capital Trust)