TITLE AND TERMS GENERALLY Sample Clauses
The "Title and Terms Generally" clause defines how the headings and general terms within a contract are to be interpreted. Typically, it clarifies that section titles are for convenience only and do not affect the meaning or interpretation of the contract's provisions. This clause also often addresses how references to laws, parties, or documents should be understood throughout the agreement. Its core function is to ensure consistency and prevent misunderstandings by establishing clear rules for interpreting the contract's structure and terminology.
TITLE AND TERMS GENERALLY. The Notes shall be known and designated as the ___% Subordinated Notes due _____, 2006 of the Company. The maximum aggregate principal amount of Notes to be authenticated and delivered under this Indenture is $23,000,000, excluding accrued interest, except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 304, 305, 306 or 905 hereof. The Stated Maturity of the Notes shall be _____, 2006, and each Note shall bear interest at the rate of ___% per annum on the outstanding balance, until the principal thereof is paid or made available for payment. The Notes shall be dated as provided in Section 303 hereof, shall bear interest from the Original Interest Accrual Date of such Note, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, as the case may be, payable on each _________ 15, _________ 15, _________ 15 and _________ 15, commencing on _____ 15, 2000, until the principal thereof is paid or made available for payment. The principal of (and premium, if any) and interest on the Notes shall be payable at the office or agency maintained by the Company in New York, New York (initially the principal corporate trust office of the Trustee), or in any other city or cities as the Company may maintain additional such offices or agencies pursuant to Section 1002, maintained for such purpose, provided that, at the option of the Company, payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Note Register. The Notes shall be redeemable at the option of the Company as provided in Article Eleven. The Company shall notify the Trustee of such election at least 60 days prior to the Redemption Date and shall rank pari passu with all Parity Debt. The Notes are unsecured obligations of the Company and shall be subordinated in right of payment to Senior Debt of the Company as provided in Article Thirteen. The Notes shall be senior in right of payment to all Subordinated Debt. The Notes are an obligation of the Company but not of any Affiliate or any other Person.
TITLE AND TERMS GENERALLY. The Notes shall be known and designated as the 6% Notes Due December 31, 2004 of the Company. The maximum aggregate principal amount of Notes to be authenticated and delivered under this Indenture is $1,984,680, excluding accrued interest, except for Notes authenticated and delivered upon registration of, transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 304, 305, 306, 905 or 1108 hereof. The Notes shall be dated as provided in section 303 hereof, shall bear interest from the Original Interest Accrual Date of such Note, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, as the case may be, payable on the last day of each month, commencing on the last day of the month of the Original Interest Accrual Date, until the principal thereof is paid or made available for payment, and shall mature on December 31, 2004. The Notes shall bear interest at 6% per annum. The principal of and interest on Notes shall be payable at the office or agency maintained by the Company in Marion, Iowa, pursuant to Section 1002, for such purpose. The Notes shall be redeemable as provided in Article Eleven. The Notes are unsecured obligations of the Company and shall be subordinated in right of payment to Senior Debt of the Company as provided in Article Twelve. The Notes shall be equal in right of payment to certain Indebtedness of the Company defined as Parity Debt. The Notes shall be senior in right of payment to all Subordinated Debt. The Notes are an obligation of the Company but not of any Affiliate.
TITLE AND TERMS GENERALLY. The Debentures shall be known and designated as the Senior Subordinated Debentures of the Company. The maximum aggregate principal amount of Debentures to be authenticated and delivered under this Indenture is $3,000,000, excluding accrued interest, except for Debentures authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Debentures pursuant to Sections 304, 305, 306, 905 or 1109 hereof. The Debentures shall be dated as provided in Section 303 hereof, shall bear interest from the Original Interest Accrual Date of such Debenture, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, as the case may be, payable on each April 1, July 1, October 1 and January 1, commencing on April 1, 1995, until the principal thereof is paid or made available for payment, and shall mature on the dates set forth below: Maturity Principal Amount -------- ---------------- January 1, 2001 $600,000 January 1, 2002 600,000 January 1, 2003 600,000 January 1, 2004 600,000 January 1, 2005 600,000 The Debentures shall bear interest at the rate per annum specified in the prospectus (as defined in the Securities Act of 1933) (as such prospectus shall have been amended or supplemented) pursuant to which such Debentures are sold. The principal of (and premium, if any) and interest on the Debentures shall be payable at the office or agency maintained by the Company in St. Paul or Minneapolis, Minnesota, (initially the principal corporate tr▇▇▇ office of the Trustee) pursuant to Section 1002, maintained for such purpose. The Debentures shall be redeemable as provided in Article Eleven. The Debentures are unsecured obligations of the Company and shall be subordinated in right of payment to Senior Debt of the Company as provided in Article Twelve. The Debentures shall be equal in right of payment to certain Indebtedness of the Company defined as Parity Debt. The Debentures shall be senior in right of payment to all Subordinated Debt. The Debentures are an obligation of the Company but not of any affiliate.