Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture is limited to U.S.$225,000,000 aggregate principal amount of Notes (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.5, Section 2.6 or Section 8.5 of this Indenture). Such Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Original Principal Amount1 U.S.$101,250,000 U.S.$123,750,000 Index Maturity 3 month2 N/A 1 As of the Closing Date. 2 LIBOR shall be calculated by reference to three-month LIBOR, in accordance with the definition of LIBOR set forth in Exhibit C hereto; provided that LIBOR for the first Interest Accrual Period shall equal 0.40707%. The Secured Notes shall be issued in minimum denominations of U.S.$500,000 and integral multiples of U.S.$1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S.$100,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Sources: Indenture (TICC Capital Corp.)
Authorized Amount; Stated Maturity; Denominations. The aggregate principal amount of Secured Notes and Subordinated Notes that may be authenticated and delivered under this Indenture is limited to U.S.$225,000,000 U.S.$300,000,000 aggregate principal amount of Notes (except for (i) Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.5, Section 2.6 or Section 8.5 of this IndentureIndenture or (ii) additional Subordinated Notes issued in accordance with Sections 2.13 and 3.2). Such Notes shall be divided into the Classes, having the designations, original principal amounts and other characteristics as follows: Original Principal Amount1 U.S.$101,250,000 U.S.$123,750,000 Index Maturity 3 month2 N/A 1 As of the Closing Date. 2 LIBOR shall be calculated by reference to three-month LIBOR, in accordance with the definition of LIBOR set forth in Exhibit C hereto; provided that LIBOR for the first Interest Accrual Period shall equal 0.40707%. U.S.$174,000,000 U.S.$10,000,000 U.S.$116,000,000 The Secured Notes shall be issued in minimum denominations of U.S.$500,000 U.S.$1,000,000 and integral multiples of U.S.$1,000 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S.$100,000 and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Sources: Indenture (Golub Capital BDC, Inc.)
Authorized Amount; Stated Maturity; Denominations. (a) The aggregate principal amount of Secured Notes and Subordinated Initial Funded Notes that may be authenticated and delivered under this Indenture is limited to U.S.$225,000,000 aggregate principal amount of U.S.$115,384,615, excluding Notes (except for Notes authenticated and delivered issued upon registration of of, transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section Sections 2.5, Section 2.6 or Section 8.5 8.6 of this Indenture). Such The aggregate principal amount of Delayed Draw Notes that may be authenticated and delivered under this Indenture is limited to U.S.$151,282,052, excluding Delayed Draw Notes issued upon registration of, transfer of, or in exchange for, or in lieu of, other Delayed Draw Notes pursuant to Sections 2.5, 2.6 or 8.6 of this Indenture.
(b) Notes shall be divided into issued on the ClassesClosing Date and the Second Closing Date, having as applicable. The Notes shall have the designations, original aggregate principal amounts and other characteristics as follows: Original Aggregate Principal Amount1 U.S.$101,250,000 U.S.$123,750,000 Index Maturity 3 month2 Amount U.S.$ 115,384,615 U.S.$ 0 U.S.$ 0 Committed Amount N/A 1 As of the Closing Date. 2 LIBOR shall be calculated by reference to three-month LIBOR, in accordance with the definition of LIBOR set forth in Exhibit C hereto; provided that LIBOR for the first Interest Accrual Period shall equal 0.40707%. U.S.$ 76,923,076 U.S.$ 74,358,976 Total Authorized Principal Amount U.S.$ 115,384,615 U.S.$ 76,923,076 U.S.$ 74,358,976 The Secured Class A Notes shall be issued in minimum denominations of U.S.$500,000 $250,000 and integral multiples of U.S.$1,000 $1 in excess thereof. The Subordinated Notes shall be issued in minimum denominations of U.S.$100,000 thereof and integral multiples of U.S.$1.00 in excess thereof. Notes shall only be transferred or resold in compliance with the terms of this Indenture.
Appears in 1 contract
Sources: Indenture (CION Investment Corp)