Common use of Terms of Particular Series Clause in Contracts

Terms of Particular Series. The Notes of each series (other than the Notes (Series I) as to which specific provision is made in Section 2.01(d) and (e)) shall be 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 on such dates and at such place or places and to Noteholders registered as such, and may be redeemable at such price or prices and upon such terms, all as shall be provided for in the supplemental note agreement creating that series. The Debtor may at the time of the creation of any series of Notes or at any time thereafter make, and the Notes of such series may contain, provision for: (i) the redemption of all, or of all or any part, of the Notes of such series prior to maturity; (ii) a sinking, amortizations improvement or other analogous fund; (iii) limiting the aggregate principal amount of the Notes of such series; (iv) the exchange or conversion of the Notes of that series, at the option of the Noteholders thereof, for or into new Notes of a different series and/or shares of stock of the Debtor and/or other securities; (v) exchanging Notes of that series, at the option of the Noteholders thereof, for other Notes of the same series of the same aggregate principal amount of a different authorized kind and/or authorized denomination or denominations; and/or (vi) extension of the maturity date for the Notes at the option of the Noteholder.

Appears in 3 contracts

Samples: Note Issuance and Security Agreement (Medical Capital Management Inc), Note Issuance and Security Agreement (Medical Capital Management Inc), Note Issuance and Security Agreement (Medical Capital Management Inc)

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Terms of Particular Series. The Notes of each series (other than the Notes (Series III) as to which specific provision is made in Section 2.01(d) and (e)) shall be 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 on such dates and at such place or places and to Noteholders registered as such, and may be redeemable at such price or prices and upon such terms, all as shall be provided for in the supplemental note agreement creating that series. The Debtor may at the time of the creation of any series of Notes or at any time thereafter make, and the Notes of such series may contain, provision for: (i) the redemption of all, or of all or any part, of the Notes of such series prior to maturity; (ii) a sinking, amortizations improvement or other analogous fund; (iii) limiting the aggregate principal amount of the Notes of such series; (iv) the exchange or conversion of the Notes of that series, at the option of the Noteholders thereof, for or into new Notes of a different series and/or shares of stock of the Debtor and/or other securities; (v) exchanging Notes of that series, at the option of the Noteholders thereof, for other Notes of the same series of the same aggregate principal amount of a different authorized kind and/or authorized denomination or denominations; and/or (vi) extension of the maturity date for the Notes at the option of the Noteholder.

Appears in 1 contract

Samples: Note Issuance and Security Agreement (Medical Capital Management Inc)

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