Common use of Terms of Particular Series Clause in Contracts

Terms of Particular Series. Each series of Additional Obligations shall be created by a Supplemental Indenture authorized by the Board of Directors and establishing the terms and provisions of such series of Additional Obligations or the method by which such terms and conditions shall be established. The several series of Additional Obligations may differ as between series and may differ from the Pre-Existing Bonds and as between series in any respect not in conflict with the provisions of this Indenture and as may be prescribed in the Supplemental Indenture creating such series; PROVIDED, HOWEVER, that the Company may not issue Additional Obligations which constitute Subordinated Debt. The Company may, at the time of the creation of any series of Additional Obligations or at any time thereafter, make, and the Additional Obligations of such series may contain, provision for: (a) the exchange or conversion of the Additional Obligations of such series, at the option of the Holders thereof, for or into new Additional Obligations of a different series or other securities; (b) a sinking, amortization, improvement or other analogous fund or the other payment of principal by installments or otherwise; (c) limiting the aggregate principal amount of the Additional Obligations of such series; (d) exchanging Additional Obligations of such series, at the option of the Holders thereof, for other Additional Obligations of the same series of the same aggregate principal amount of a different authorized kind or authorized denomination or denominations; (e) the authentication of Additional Obligations of such series by the Authenticating Agent; (f) providing for the issuance of Additional Obligations of such series in bearer or book-entry form; (g) specifying redemption or prepayment terms and procedures with respect to such series; (h) specifying business days, grace periods, covenants, events of default, remedies or other provisions with respect to such series; and (i) any other terms of the Additional Obligations of such series, or any maturity thereof, not inconsistent with the provisions of this Indenture; all upon such terms as the Board of Directors may determine as evidenced by a Board Resolution or as may be set forth in the Supplemental Indenture creating the series of Additional Obligations. With respect to Additional Obligations of a series subject to a Periodic Offering, the Supplemental Indenture or the Board Resolution, or Officers' Certificate pursuant to the Supplemental Indenture or Board Resolution, as the case may be, which establishes such series may provide general terms or parameters for Additional Obligations of such series and specify procedures, acceptable to the Trustee, by which such specific terms are to be established (which procedures may provide for authentication and delivery pursuant to oral or electronic instructions from the Company or any agent or agents thereof, which oral instructions are to be promptly confirmed electronically or in writing).

Appears in 2 contracts

Samples: Supplemental Indenture (Old Dominion Electric Cooperative), Supplemental Indenture (Old Dominion Electric Cooperative)

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Terms of Particular Series. Each The Debentures of each series of Additional Obligations (other than Investment Debentures, Series I as to which specific provision is made in Section 3-12) shall be created by a Supplemental Indenture authorized by the Board of Directors payable at such place or places, shall mature on such date or dates, shall bear interest at such rate or rates payable in such installments and establishing the terms on such dates and provisions of at such series of Additional Obligations place or the method by which places and to Holders registered as such, and may be redeemable at such terms price or prices and conditions upon such terms, all as shall be established. The several series of Additional Obligations may differ as between series and may differ from the Pre-Existing Bonds and as between series in any respect not in conflict with the provisions of this Indenture and as may be prescribed provided for in the Supplemental Indenture supplemental indenture creating such that series; PROVIDED, HOWEVER, that the Company may not issue Additional Obligations which constitute Subordinated Debt. The Company may, may at the time of the creation of any series of Additional Obligations Debentures or at any time thereafter, thereafter make, and the Additional Obligations Debentures of such series may contain, provision for: (a1) the redemption of all, or of all or any part, of the Debentures of such series prior to maturity; (2) a sinking, amortization improvement or otheranalogous fund; (3) limiting the aggregate principal amount of the Debentures of such series; (4) the exchange or conversion of the Additional Obligations Debentures of such that series, at the option of the Holders thereof, for or into new Additional Obligations Debentures of a different series or and/or shares of stock of the Company and/or other securities; (b) a sinking, amortization, improvement or other analogous fund or the other payment of principal by installments or otherwise; (c) limiting the aggregate principal amount of the Additional Obligations of such series; (d5) exchanging Additional Obligations Debentures of such that series, at the option of the Holders thereof, for other Additional Obligations Debentures of the same series of the same aggregate principal amount of a different authorized kind or and/or authorized denomination or denominations;; and/or (e6) the authentication of Additional Obligations of such series appointment by the Trustee of an Authenticating Agent; (f) providing for Agent in one or more places other than the issuance location of Additional Obligations the office of such the Trustee with power to act on behalf of the Trustee and subject to its direction in the authentication and delivery of the Debentures of any one or more series in bearer or book-entry form; (g) specifying redemption or prepayment terms and procedures connection with respect to such series; (h) specifying business days, grace periods, covenants, events of default, remedies or other provisions with respect to such series; and (i) any other terms of the Additional Obligations of such series, or any maturity thereof, not inconsistent with transactions as shall be specified in the provisions of this IndentureIndenture creating such series or in a supplemental indenture; all upon such terms as the Board of Directors may determine as evidenced determine. All Debentures of the same series shall be substantially identical in tenor and effect. Each series of Debentures, except Investment Debentures, Series I, shall be created by an indenture supplemental hereto authorized by a Board Resolution or as may be set forth in the Supplemental Indenture creating the series of Additional Obligations. With respect to Additional Obligations of a series subject to a Periodic Offering, the Supplemental Indenture or the Board Resolution, or Officers' Certificate pursuant to the Supplemental Indenture or Board Resolution, as the case may be, which establishes such series may provide general terms or parameters for Additional Obligations of such series and specify procedures, acceptable to the Trustee, by which such specific terms are to be established (which procedures may provide for authentication and delivery pursuant to oral or electronic instructions from the Company or any agent or agents thereof, which oral instructions are to be promptly confirmed electronically or in writing).

Appears in 1 contract

Samples: Trust Indenture Agreement (SFG Mortgage & Investment Co Inc)

Terms of Particular Series. Each series of Additional Obligations shall be created by a Supplemental Indenture authorized by the Board of Directors and establishing the terms and provisions of such series of Additional Obligations or the method by which such terms and conditions shall be established. The several series of Additional Obligations may differ as between series and may differ from the Pre-Existing Bonds and as between series in any respect not in conflict with the provisions of this Indenture and as may be prescribed in the Supplemental Indenture creating such series; PROVIDED, HOWEVER, that the Company may not issue Additional Obligations which constitute Subordinated Debt. The Company may, at the time of the creation of any series of Additional Obligations or at any time thereafter, make, and the Additional Obligations of such series may contain, provision for: (a) A. the exchange or conversion of the Additional Obligations of such series, at the option of the Holders thereof, for or into new Additional Obligations of a different series or other securities; (b) B. a sinking, amortization, improvement or other analogous fund or the other payment of principal by installments or otherwise; (c) C. limiting the aggregate principal amount of the Additional Obligations of such series; (d) D. exchanging Additional Obligations of such series, at the option of the Holders thereof, for other Additional Obligations of the same series of the same aggregate principal amount of a different authorized kind or authorized denomination or denominations; (e) E. the authentication of Additional Obligations of such series by the Authenticating Agent; (f) F. providing for the issuance of Additional Obligations of such series in bearer or book-entry form; (g) G. specifying redemption or prepayment terms and procedures with respect to such series; (h) H. specifying business days, grace periods, covenants, events of default, remedies or other provisions with respect to such series; and (i) I. any other terms of the Additional Obligations of such series, or any maturity thereof, not inconsistent with the provisions of this Indenture; all upon such terms as the Board of Directors may determine as evidenced by a Board Resolution or as may be set forth in the Supplemental Indenture creating the series of Additional Obligations. With respect to Additional Obligations of a series subject to a Periodic Offering, the Supplemental Indenture or the Board Resolution, or Officers' Certificate pursuant to the Supplemental Indenture or Board Resolution, as the case may be, which establishes such series may provide general terms or parameters for Additional Obligations of such series and specify procedures, acceptable to the Trustee, by which such specific terms are to be established (which procedures may provide for authentication and delivery pursuant to oral or electronic instructions from the Company or any agent or agents thereof, which oral instructions are to be promptly confirmed electronically or in writing).

Appears in 1 contract

Samples: Indenture (Old Dominion Electric Cooperative)

Terms of Particular Series. (a) The terms and conditions of the Existing Obligations, including, without limitation, the timing and amount of principal and interest payments due thereon and prepayment rights, shall be as provided in the Existing Obligations. (b) Each series of Additional Obligations shall be created by a Supplemental Indenture authorized by the Board of Directors and establishing the terms and provisions of such series of Additional Obligations or the method by which such terms and conditions provisions shall be established. The several series of Additional Obligations may differ as between series and may differ from the Pre-Existing Bonds and as between series Obligations in any respect not in conflict with the provisions of this Indenture and as may be prescribed in the Supplemental Indenture creating such series; PROVIDED, HOWEVER, that the Company may not issue Additional Obligations which constitute Subordinated Debt. The Company may, at the time of the creation of any series of Additional Obligations or at any time thereafter, make, and the Additional Obligations of such series may contain, provision for: (a) A. the exchange or conversion of the Additional Obligations of such series, at the option of the Holders thereof, for or into new Additional Obligations of a different series or other securitiesseries; (b) B. a sinking, amortization, improvement or other analogous fund or the for other payment of principal by installments or otherwise; (c) C. limiting the aggregate principal amount of the Additional Obligations of such series; (d) D. exchanging Additional Obligations of such series, at the option of the Holders thereof, for other Additional Obligations of the same series of the same aggregate principal amount of a different authorized kind or authorized denomination or denominations; (e) E. the authentication of Additional Obligations of such series by the Authenticating Agent; (f) F. providing for the issuance of Additional Obligations of such series in bearer or book-entry form; (g) G. specifying redemption or prepayment terms and procedures with respect to such series; (h) H. specifying business days, grace periods, covenants, other provisions and such covenants and/or events of default, default or remedies or other provisions with respect to such series; and (i) I. any other terms of the Additional Obligations of such series, or any maturity thereof, not inconsistent with the provisions of this Indenture; all upon such terms as the Board of Directors may determine as evidenced by a Board Resolution or Resolution. All Additional Obligations of like maturity of the same series shall be substantially identical except that any series may have serial maturities and different interest rates for different maturities and except as may otherwise be set forth provided in the Supplemental Indenture creating the series of Additional Obligations. such series. (c) With respect to Additional Obligations of a series subject to a Periodic Offering, the Supplemental Indenture or the Board Resolution, or Officers' Certificate pursuant to the Supplemental Indenture or Board Resolution, as the case may be, which establishes such series may provide general terms or parameters for Additional Obligations of such series and specify procedures, acceptable to the Trustee, by which such specific terms are to be established (which procedures may provide for authentication and delivery pursuant to oral or electronic instructions from the Company or any agent or agents thereof, which oral instructions are to be promptly confirmed electronically or in writing).

Appears in 1 contract

Samples: Indenture (Oglethorpe Power Corp)

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Terms of Particular Series. (a) The terms and conditions of the Pre-Existing Bonds, including, without limitation, the timing and amount of principal and interest payments due thereon and prepayment rights, shall be as provided in the Pre-Existing Bonds or the Supplemental Indenture creating such series. (b) Each series of Additional Obligations shall be created by a Supplemental Indenture authorized by the Board of Directors and establishing the terms and provisions of such series of Additional Obligations or the method by which such terms and conditions shall be establishedObligations. The several series of Additional Obligations may differ as between series and may differ from the Pre-Existing Bonds and as between series in any respect not in conflict with the provisions of this Indenture and as may be prescribed in the Supplemental Indenture creating such series; PROVIDED, HOWEVER, that the Company may not issue Additional Obligations which constitute Subordinated Debt. The Company may, at the time of the creation of any series of Additional Obligations or at any time thereafter, make, and the Additional Obligations of such series may contain, provision for: (ai) the exchange or conversion of the Additional Obligations of such series, at the option of the Holders thereof, for or into new Additional Obligations of a different series or other securitiesseries; (bii) a sinking, amortization, improvement or other analogous fund or the for other payment of principal by installments or otherwise; (ciii) limiting the aggregate principal amount of the Additional Obligations of such series; (div) exchanging Additional Obligations of such series, at the option of the Holders thereof, for other Additional Obligations of the same series of the same aggregate principal amount of a different authorized kind or authorized denomination or denominations; (ev) the authentication of Additional Obligations of such series by the Authenticating Agent; (fvi) providing for the issuance of Additional Obligations of such series in bearer or book-entry form; (gvii) specifying redemption or prepayment terms and procedures with respect to such series;; and (hviii) specifying business days, grace periods, covenants, other provisions and such covenants and/or events of default, default or remedies or other provisions with respect to such series; and (iix) any other terms of the Additional Obligations of such series, or any maturity thereof, not inconsistent with the provisions of this Indenture; all upon such terms as the Board of Directors may determine as evidenced by a Board Resolution or as may be set forth in the Supplemental Indenture creating the series of Additional Obligations. Resolution. (c) With respect to Additional Obligations of a series subject to a Periodic Offering, the Supplemental Indenture or the Board Resolution, or Officers' Certificate pursuant to the Supplemental Indenture or Board Resolution, as the case may be, which establishes such series may provide general terms or parameters for Additional Obligations of such series and specify procedures, acceptable to the Trustee, by which such specific terms are to be established (which procedures may provide for authentication and delivery pursuant to oral or electronic instructions from the Company or any agent or agents thereof, which oral instructions are to be promptly confirmed electronically or in writing).

Appears in 1 contract

Samples: Indenture (Chugach Electric Association Inc)

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