Common use of Notes Issuable in Series Clause in Contracts

Notes Issuable in Series. The Notes of the Issuer may be issued in one or more Series. Each Series shall be issued pursuant to a Series Supplement (it being understood that a single Series Supplement may provide for more than one Series). There shall be established in one or more Series Supplements, prior to the issuance of Notes of any Series: (i) the title of the Notes of such Series (which shall distinguish the Notes of such Series from Notes of other Series); (ii) any limit upon the aggregate principal balance of the Notes of such Series that may be authenticated and delivered under this Indenture (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes of such Series pursuant to Section 2.04 or 2.06); (iii) the date or dates on which the principal of the Notes of such Series is payable; (iv) the rate or rates at which the Notes of such Series shall bear interest, if any, or the method by which such rate shall be determined, the date or dates from which such interest shall accrue, the interest payment dates on which such interest shall be payable and the record dates for the determination of Holders to whom interest is payable (in each to the extent such items are not specified herein or if specified herein to the extent such items are modified by such Series Supplement); (v) what action by the Issuer is necessary to satisfy the condition of obtaining and/or delivering a Rating Agency Confirmation hereunder from the applicable Rating Agencies; and (vi) any other terms of such Series (which terms shall not be inconsistent with the provisions of this Indenture except to the extent that such Series Supplement also constitutes an amendment of this Indenture pursuant to Article XIII). The Notes of a Series may have more than one settlement or issue date. The Notes of each Series will be assigned to one or more Classes and, with respect to any Series of Notes issued after the Initial Closing Date, shall satisfy the requirements of Section 2.12(b) as of the date of issuance.

Notes Issuable in Series. The Notes of the Issuer Co-Issuers may be issued in one or more Series. Any series of Variable Funding Notes may be uncertificated if provided for in its Series Indenture Supplement. Each Series shall be issued pursuant to a Series Indenture Supplement (it being understood that a single Series Indenture Supplement may provide for more than one Series). There shall be established in one or more Series Indenture Supplements, prior to the issuance of Notes of any Series: (i) the title of the Notes of such Series (which shall distinguish the Notes of such Series from Notes of other Series)) and whether such Notes will be Variable Funding Notes or Term Notes; (ii) any limit upon the aggregate principal balance of the Notes of such Series that may be authenticated and delivered (other than with respect to Uncertificated Notes, which may be registered) under this Base Indenture (except for Notes authenticated and delivered (or with respect to Uncertificated Notes, registered) upon registration of transfer of, or in exchange for, or in lieu of, other Notes of such Series pursuant to Section 2.04 2.02 or 2.06Section 2.04); (iii) the date or dates on which the principal of the Notes of such Series is payable; (iv) the rate or rates at which the Notes of such Series shall bear interest, if any, or the method by which such rate shall be determined, the date or dates from which such interest shall accrue, the interest payment dates on which such interest shall be payable and the record dates for the determination of Holders to whom interest is payable (in each case to the extent such items are not specified herein or if specified herein to the extent such items are modified by such Series Indenture Supplement); (viv) what action by the Issuer is Co-Issuers are necessary to satisfy the condition of obtaining and/or or delivering a Rating Agency Confirmation hereunder from the applicable Rating Agencies (including, if applicable, any notice related information for such Rating Agencies); (v) whether such Series is a Series of Variable Funding Notes; (vi) whether the Notes of such Series are Uncertificated Notes, Book-Entry notes or Definitive Notes; (vii) if such Series includes the issuance of Tax Restricted Notes, the maximum number of beneficial holders of Tax Restricted Notes of such Series for purposes of Section 2.02(k); and (viviii) any other terms of such Series (which terms shall not be inconsistent with the provisions of this Base Indenture except to the extent that such Series Indenture Supplement also constitutes an amendment of this Base Indenture pursuant to Article XIII). The Notes of a Series may have more than one settlement or issue date. The Notes of each Series will be assigned to one or more Classes and, with respect to any Series of Notes issued after the Initial Closing Datedate hereof, shall satisfy the requirements of Section 2.12(b2.12(c) as of the date of issuance. The Co-Issuers agree that they will not designate, for any Series and Class of Notes that are Tax Restricted Notes, a maximum number of beneficial holders for such Series and Class of Tax Restricted Notes that would cause the aggregate maximum number of beneficial holders and beneficial owners for all Series and Classes of Tax Restricted Notes then Outstanding, collectively with the aggregate number of beneficial holders of any other interests in the Co-Issuers that are or may be treated as equity of the Co-Issuers for U.S. federal income purposes, as determined for purposes of Treasury Regulations Section 1.7704-1(h), to exceed 90. For the avoidance of doubt, neither the Indenture Trustee nor the Note Registrar shall be under any obligation to monitor the number of beneficial holders for any Series or Class of Notes that are Tax Restricted Notes.

Notes Issuable in Series. The Notes of the Issuer may be issued in one or more Series. Each Series shall be issued pursuant subject to a Series Supplement (it being understood that a single Series Supplement may provide for more than one Series)satisfaction of the applicable conditions set forth in Section 2.12. There shall be established in one or more Series Supplements, prior to the issuance of Notes of any Series: (i) the title of the Notes of such Series (which shall distinguish the Notes of such Series from Notes of other Series)) and whether such Notes will be Variable Funding Notes or Term Notes; (ii) any limit upon the aggregate principal balance of the Notes of such Series that may be authenticated and delivered under this Indenture (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes of such Series pursuant to Section 2.04 2.02 or 2.062.04); (iii) the date or dates on which the principal of the Notes of such Series is payable; (iv) the Class A-2 Targeted Amortization Amounts, if any, for the Class A-2 Notes of such Series as of each Payment Date; (v) the rate or rates at which the Notes of such Series shall bear interest, if any, or the method by which such rate shall be determined, the date or dates from which such interest shall accrue, the interest payment dates on which such interest shall be payable and the record dates for the determination of Holders to whom interest is payable (in each case to the extent such items are not specified herein or if specified herein to the extent such items are modified by such Series Supplement); (v) what action by the Issuer is necessary to satisfy the condition of obtaining and/or delivering a Rating Agency Confirmation hereunder from the applicable Rating Agencies; and (vi) any other terms of such Series (which terms shall not be inconsistent with the provisions of this Indenture except to the extent that such Series Supplement also constitutes an amendment of this Indenture pursuant to Article XIII). The Notes of a Series may have more than one settlement or issue date. The Notes of each Series will be assigned to one or more Classes and, with respect to any Series of Notes issued after the Initial Closing Date, and shall satisfy the requirements of Section 2.12(b) as of the date of issuance.

Notes Issuable in Series. The Notes of the Issuer may be issued in one or more Series. Each Series shall be issued pursuant to a Series Supplement (it being understood that a single Series Supplement may provide for more than one Series). There shall be established in one or more Series Supplements, prior to the issuance of Notes of any Series: (i) the title of the Notes of such Series (which shall distinguish the Notes of such Series from Notes of other Series); (ii) any limit upon the aggregate principal balance of the Notes of such Series that may be authenticated and delivered under this Indenture (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes of such Series pursuant to Section 2.04 or 2.06); (iii) the date or dates on which the principal of the Notes of such Series is payable; (iv) the rate or rates at which the Notes of such Series shall bear interest, if any, or the method by which such rate shall be determined, the date or dates from which such interest shall accrue, the interest payment dates on which such interest shall be payable and the record dates for the determination of Holders to whom interest is payable (in each to the extent such items are not specified herein or if specified herein to the extent such items are modified by such Series Supplement); (v) whether such Series has a Site Acquisition Period and, if so, the funded amount of the Site Acquisition Account, the expiration date of the Site Acquisition Period, the funded amount of the Yield Maintenance Reserve Account applicable to such Series and the Minimum Yield applicable to such Series; (vi) what action by the Issuer Issuers is necessary to satisfy the condition of obtaining and/or delivering a Rating Agency Confirmation hereunder from the applicable Rating Agencies (including, if applicable, any notice related information for such Rating Agencies); (vii) if such Series includes the issuance of Tax Restricted Notes, the maximum number of beneficial holders of Tax Restricted Notes of such Series for purposes of Section 2.02(k) and the minimum denominations of each Class of such Tax Restricted Notes of such Series; and (viviii) any other terms of such Series (which terms shall not be inconsistent with the provisions of this Indenture except to the extent that such Series Supplement also constitutes an amendment of this Indenture pursuant to Article XIII). The Notes of a Series may have more than one settlement or issue date. The Notes of each Series will be assigned to one or more Classes and, with respect to any Series of Notes issued after the Initial Closing Date, shall satisfy the requirements of Section 2.12(b) as of the date of issuance. The Issuers agree that they will not designate, for any Series and Class of Notes that are Tax Restricted Notes, a maximum number of beneficial holders for such Series and Class of Tax Restricted Notes that would cause the aggregate maximum number of beneficial holders for all Series and Classes of Tax Restricted Notes then Outstanding, collectively with the aggregate number of beneficial owners of the equity interest in the Issuer or other interests that may be treated as equity of the Issuer, to exceed 90 (ninety).