Common use of Limitation of Aggregate Principal Amount Clause in Contracts

Limitation of Aggregate Principal Amount. (a) The aggregate principal amount of the 2025 Notes will initially be limited to $1,000,000,000. (b) The aggregate principal amount of the 2034 Notes will initially be limited to $1,000,000,000. (c) The aggregate principal amount of the 2054 Notes will initially be limited to $1,000,000,000. (d) In the case of each series of Notes, the aggregate principal amount specified in this Section will be subject to the amount of such series that is authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, such series pursuant to Section 304, 305, 306, 906 or 1107 of the Base Indenture and the amount of such series which, pursuant to Section 303 of the Base Indenture, is deemed never to have been authenticated and delivered thereunder. (e) The Company may from time to time, without notice to or the consent of the Holders of any series of Notes, create and issue further Notes of any such series (“Additional Notes”) ranking equally with the Notes of such series (and being treated as a single class with the Notes of such series already Outstanding) in all respects and having the same terms as the Notes of such series already Outstanding except for issue date, issue price and, under some circumstances, the first Interest Payment Date thereof. If any Additional Notes are not fungible with the Initial Notes of such series for U.S. federal income tax purposes, then those Additional Notes will have a separate, not contemporaneously outstanding, CUSIP number. The Notes of each series and any Additional Notes of such series, together with any Exchange Notes issued with respect to such series in accordance with the Registration Rights Agreement, will be treated as a single series for all purposes under the Indenture, including, without limitation, waivers, amendments and redemptions.

Appears in 1 contract

Samples: Supplemental Indenture (CARRIER GLOBAL Corp)

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Limitation of Aggregate Principal Amount. (a) The aggregate principal amount of the 2025 5-Year Fixed Rate Notes will initially be limited to $1,000,000,0001,300,000,000. (b) The aggregate principal amount of the 2034 7-Year Fixed Rate Notes will initially be limited to $1,000,000,000500,000,000. (c) The aggregate principal amount of the 2054 10-Year Fixed Rate Notes will initially be limited to $1,000,000,0001,500,000,000. (d) The aggregate principal amount of the 20-Year Fixed Rate Notes will initially be limited to $750,000,000. (e) The aggregate principal amount of the 30-Year Fixed Rate Notes will initially be limited to $750,000,000. (f) The aggregate principal amount of the Floating Rate Notes will initially be limited to $500,000,000. (g) In the case of each series of Notes, the aggregate principal amount specified in this Section will be subject to the amount of such series that is authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, such series pursuant to Section 304, 305, 306, 906 or 1107 of the Base Indenture and the amount of such series which, pursuant to Section 303 of the Base Indenture, is deemed never to have been authenticated and delivered thereunder. (eh) The Company may from time to time, without notice to or the consent of the Holders of any series of Notes, create and issue further Notes of any such series (“Additional Notes”) ranking equally with the Notes of such series (and being treated as a single class with the Notes of such series already Outstanding) in all respects and having the same terms as the Notes of such series already Outstanding except for issue date, issue price and, under some circumstances, the first Interest Payment Date or Floating Rate Interest Payment Date, as applicable, thereof. If any Additional Notes are not fungible with the Initial initial Notes of such series for U.S. federal income tax purposes, then those Additional Notes will have a separate, not contemporaneously outstanding, separate CUSIP number. The Notes of each series and any Additional Notes of such series, together with any Exchange Notes issued with respect to such series in accordance with the Registration Rights Agreement, will be treated as a single series for all purposes under the Indenture, including, without limitation, waivers, amendments and redemptions.

Appears in 1 contract

Samples: Supplemental Indenture (Otis Worldwide Corp)

Limitation of Aggregate Principal Amount. (a) The aggregate principal amount of the 2025 Notes will initially be limited to $1,000,000,000€750,000,000. (b) The aggregate principal amount of the 2034 2028 Notes will initially be limited to $1,000,000,000€750,000,000. (c) The aggregate principal amount of the 2054 2032 Notes will initially be limited to $1,000,000,000€850,000,000. (d) In the case of each series of Notes, the aggregate principal amount specified in this Section will be subject to the amount of such series that is authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, such series pursuant to Section 304, 305, 306, 906 or 1107 of the Base Indenture and the amount of such series which, pursuant to Section 303 of the Base Indenture, is deemed never to have been authenticated and delivered thereunder. (e) The Company may from time to time, without notice to or the consent of the Holders of any series of Notes, create and issue further Notes of any such series (“Additional Notes”) ranking equally with the Notes of such series (and being treated as a single class with the Notes of such series already Outstanding) in all respects and having the same terms as the Notes of such series already Outstanding except for issue date, issue price and, under some circumstances, the first Interest Payment Date thereof. If any Additional Notes are not fungible with the Initial Notes of such series for U.S. federal income tax purposes, then those Additional Notes will have a separate, not contemporaneously outstanding, CUSIP ISIN, Common Code or other securities identification number. The Notes of each series and any Additional Notes of such series, together with any Exchange Notes issued with respect to such series in accordance with the Registration Rights Agreement, will be treated as a single series for all purposes under the Indenture, including, without limitation, waivers, amendments and redemptions.

Appears in 1 contract

Samples: Supplemental Indenture (CARRIER GLOBAL Corp)

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Limitation of Aggregate Principal Amount. (a) The aggregate principal amount of the 2025 2023 Notes will initially be limited to $1,000,000,000€500,000,000. (b) The aggregate principal amount of the 2034 2026 Notes will initially be limited to $1,000,000,000€600,000,000. (c) The aggregate principal amount of the 2054 2031 Notes will initially be limited to $1,000,000,000€500,000,000. (d) In the case of each series of the Notes, the aggregate principal amount specified in this Section 2.02 will be subject to the amount of such series that is authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, such series pursuant to Section 304, 305, 306, 906 or 1107 of the Base Indenture and the amount of such series whichthat, pursuant to Section 303 of the Base Indenture, is deemed never to have been authenticated and delivered thereunder. (e) The Company may from time to time, without notice to or the consent of the Holders of any series of Notes, create and issue further Notes of any such series (“Additional Notes”) ranking equally with the Notes of such series (and being treated as a single class with the Notes of such series already Outstanding) in all respects and having the same terms as the Notes of such series already Outstanding except for issue date, issue price and, under some circumstances, the first Interest Payment Date thereofthereof or the date from which interest first accrues thereon. If any Additional Notes are not fungible with the Initial Notes of such series for U.S. federal income tax purposes, then those Additional Notes will have a separate, not contemporaneously outstanding, CUSIP separate CUSIP/Common Code/ISIN number. The Notes of each series and any Additional Notes of such series, together with any Exchange Notes issued with respect to such series in accordance with the Registration Rights Agreement, will be treated as a single series for all purposes under the Indenture, including, without limitation, waivers, amendments and redemptions.

Appears in 1 contract

Samples: Supplemental Indenture (Otis Worldwide Corp)

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