Common use of Original Issue of the Debentures Clause in Contracts

Original Issue of the Debentures. Debentures in the aggregate principal amount of $18,556,710 may, upon execution of this Indenture, be executed by the Company and delivered to the Trustee for authentication. If the Underwriters exercise their Option and there is an Option Closing Date (as such terms are defined in the Underwriting Agreement, dated May 29, 2001, by and among the Company, the Trust, Xxxxxx, Xxxxxxxx & Company, Incorporated, J.J.B. Xxxxxxxx, X.X. Xxxxx, Inc., as Representatives of the several Underwriters named therein, then, on such Option Closing Date, Debentures in the additional aggregate amount of up to $2,061,860 may be executed by the Company and delivered to the Trustee for authentication. The Trustee shall thereupon authenticate and deliver said Debentures to or upon the written order of the Company, signed by its Chief Executive Officer, its President, or any Executive Vice President and its Treasurer or an Assistant Treasurer, without any further action by the Company.

Appears in 1 contract

Samples: Indenture (S Y Bancorp Inc)

AutoNDA by SimpleDocs

Original Issue of the Debentures. Debentures in the aggregate principal amount of $18,556,710 19,072,170 may, upon execution of this Indenture, be executed by the Company and delivered to the Trustee for authentication. If the Underwriters exercise their Option and there is an Option Closing Date (as such terms are defined in the Underwriting Agreement, dated May 29______________, 20011997, by and among the Company, the Trust, Trust and Xxxxxx, Xxxxxxxx & Company, Incorporated, J.J.B. Xxxxxxxx, X.X. Xxxxx, Inc., for itself and as Representatives representative of the several Underwriters named therein, ) then, on such Option Closing Date, Debentures in the additional aggregate principal amount of up to $2,061,860 2,860,820 may be executed by the Company and delivered to the Trustee for authentication. The In either such event, the Trustee shall thereupon authenticate and deliver said Debentures to or upon the written order of the Company, signed by its Chief Executive OfficerChairman, its Vice Chairman, its President, or any Executive Vice President and its Treasurer or an Assistant Treasurer, without any further action by the Company.

Appears in 1 contract

Samples: Indenture (Indiana United Bancorp)

Original Issue of the Debentures. Debentures in the aggregate principal amount of $18,556,710 may, upon execution of this Indenture, be executed by the Company and delivered to the Trustee for authentication. If the Underwriters exercise their Option and there is an Option Closing Date (as such terms are defined in the Underwriting Agreement, dated May 29______ , 2001, by and among the Company, the Trust, Xxxxxx, Xxxxxxxx & Company, Incorporated, J.J.B. Xxxxxxxx, X.X. Xxxxx, Inc., as Representatives of the several Underwriters named therein, then, on such Option Closing Date, Debentures in the additional aggregate amount of up to $2,061,860 may be executed by the Company and delivered to the Trustee for authentication. The Trustee shall thereupon authenticate and deliver said Debentures to or upon the written order of the Company, signed by its Chief Executive Officer, its President, or any Executive Vice President and its Treasurer or an Assistant Treasurer, without any further action by the Company.

Appears in 1 contract

Samples: Indenture (S Y Bancorp Capital Trust I)

Original Issue of the Debentures. Debentures in the aggregate principal amount of $18,556,710 41,237,125 may, upon execution of this Indenture, be executed by the Company and delivered to the Trustee for authentication. If the Underwriters exercise their Option and there is an Option Closing Date (as such terms are defined in the Underwriting AgreementAgreement dated --------------, dated May 29, 20011998, by and among the Company, the Trust, XxxxxxTrust and Stxxxx, Xxxxxxxx & Company, Incorporated, J.J.B. Xxxxxxxx, X.X. XxxxxInc. and Hoxxxx & Arxxxx, Inc., for themselves and as Representatives representatives of the several Underwriters named therein), then, then on such Option Closing Date, Debentures in the additional aggregate principal amount of up to $2,061,860 6,185,575 may be executed by the Company and delivered to the Trustee for authentication. The In either such event, the Trustee shall thereupon authenticate and deliver said Debentures to or upon the written order of the Company, signed by its Chief Executive OfficerChairman, its Vice Chairman, its President, or any Executive Vice President and its Treasurer or an Assistant Treasurer, without any further action by the Company.

Appears in 1 contract

Samples: Indenture (First America Capital Trust)

AutoNDA by SimpleDocs

Original Issue of the Debentures. Debentures in the aggregate -------------------------------- principal amount of $18,556,710 30,927,850 may, upon execution of this Indenture, be executed by the Company and delivered to the Trustee for authentication. If the Underwriters exercise their Option and there is an Option Closing Date (as such terms are defined in the that certain Underwriting Agreement, Agreement dated May 29________, 2001, by and among the Company, the Trust, Xxxxxxand Sterne, Xxxxxxxx Agee & Company, Incorporated, J.J.B. Xxxxxxxx, X.X. Xxxxx, Inc., as Representatives Representative of the several Underwriters named therein), then, on such Option Closing Date, Debentures in the additional aggregate amount of up to $2,061,860 4,639,180 may be executed by the Company and delivered to the Trustee for authentication. The Trustee shall thereupon authenticate and deliver said Debentures to or upon the written order of the Company, signed by its Chairman and Chief Executive Officer, its President, or any Executive Vice President and its Treasurer or an Assistant Treasurer, without any further action by the Company.

Appears in 1 contract

Samples: Indenture (Abc Bancorp Capital Trust I)

Original Issue of the Debentures. Debentures in the aggregate -------------------------------- principal amount of $18,556,710 25,773,210 may, upon execution of this Indenture, be executed by the Company and delivered to the Trustee for authentication. If the Underwriters exercise their Option and there is an Option Closing Date (as such terms are defined in the that certain Underwriting Agreement, Agreement dated May 29________, 2001, by and among the Company, the Trust, Xxxxxxand Sterne, Xxxxxxxx Agee & Company, Incorporated, J.J.B. Xxxxxxxx, X.X. Xxxxx, Inc., as Representatives Representative of the several Underwriters named therein), then, on such Option Closing Date, Debentures in the additional aggregate amount of up to $2,061,860 3,865,980 may be executed by the Company and delivered to the Trustee for authentication. The Trustee shall thereupon authenticate and deliver said Debentures to or upon the written order of the Company, signed by its Chairman and Chief Executive Officer, its President, or any Executive Vice President and its Treasurer or an Assistant Treasurer, without any further action by the Company.

Appears in 1 contract

Samples: Indenture (Abc Bancorp Capital Trust I)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!