Common use of Subsequent Series of Notes Clause in Contracts

Subsequent Series of Notes. The Company has authorized and will create a subsequent Series of Additional Senior Notes to be called the “Series [__] Notes.” Said Series [__] Notes will be dated the date of issue; will bear interest (computed on the basis of [__]) from such date at the rate of [__] % per annum, payable [__] in arrears on the [__]th day of [__], [__], [__]and [__] in each year (commencing on [__]), until the principal amount thereof shall become due and payable and shall bear interest on overdue principal (including any overdue optional prepayment of principal) and premium, if any, and, to the extent permitted by law, on any overdue installment of interest at the rate specified therein after the date due for payment, whether by acceleration or otherwise, until paid; will be expressed to mature on [__]; and will be substantially in the form attached to the Agreement as Schedule 2 with the appropriate insertions to reflect the terms and provisions set forth above.

Subsequent Series of Notes. The Company has authorized and will create a subsequent Subsequent Series of Additional Senior Notes to be called the “Series [__] _ Notes.” Said Series [__] _ Notes will be dated the date of issue; will bear interest (computed on the basis of [__]a 360-day year of twelve 30-day months) from such date at the rate of [__] __% per annum, payable [__] semiannually in arrears on the [__]th _ day of [each __], [__], [__]and [__] _ and __________ in each year (commencing on [__])_______, _____) until the principal amount thereof shall become due and payable and shall bear interest on overdue principal (including any overdue optional prepayment of principal) and premium, if any, and, to the extent permitted by law, on any overdue installment of interest at the rate specified therein after the date due for payment, whether by acceleration or otherwise, until paid; will be expressed to mature on [__]________, _____; and will be substantially in the form attached to the Agreement as Schedule 2 Exhibit 1.2 with the appropriate insertions to reflect the terms and provisions set forth above.