Common use of Authorized Amount of Bonds Clause in Contracts

Authorized Amount of Bonds. No Bonds may be issued under this Indenture except in accordance with this Article. The total principal amount of Bonds that may be issued hereunder is hereby expressly limited to, and the amount hereby authorized to be issued shall be, $5,000,000.

Appears in 1 contract

Sources: Indenture of Trust (Vaughan Foods, Inc.)

Authorized Amount of Bonds. No Bonds may be issued under the provisions of this Indenture except in accordance with this Article. The total principal amount of Bonds that may be issued hereunder is hereby expressly limited to, and the amount hereby authorized to be issued shall be, Four Million Dollars ($5,000,0004,000,000).

Appears in 1 contract

Sources: Trust Indenture (Conrad Industries Inc)