Common use of Limit on Amount of Series Clause in Contracts

Limit on Amount of Series. The initial principal amount of Notes issued under this First Supplemental Indenture shall be $145,000,000 and the aggregate principal amount of Notes authorized to be issued under this series shall not exceed $175,000,000. Additional Notes may, upon the execution and delivery of this First Supplemental Indenture or from time to time thereafter (subject to Section 5.02 hereof), be executed by the Company and delivered to the Trustee for authentication, and the Trustee shall thereupon authenticate and deliver said Notes (which shall include the applicable Subsidiary Guarantee) to or upon the written order of the Company, signed by its Chairman of the Board, President or a Vice President and by its Chief Financial Officer, Treasurer or an Assistant Treasurer or its Secretary or an Assistant Secretary, without further action by the Company.

Appears in 3 contracts

Sources: First Supplemental Indenture (NVR Inc), First Supplemental Indenture (NVR Inc), First Supplemental Indenture (NVR Inc)