Common use of Limitation on Aggregate Principal Amount Clause in Contracts

Limitation on Aggregate Principal Amount. The aggregate principal amount of the Notes shall initially be limited to $200,000,000. The Company may, without the consent of the Holders of the Notes, issue additional Securities having the same interest rate, maturity date and other terms as described in the related prospectus supplement and prospectus. Any additional Securities, together with the Notes offered by the related prospectus supplement, will constitute a single series of Securities under the Indenture. No additional Securities may be issued if an Event of Default under the Indenture has occurred and is continuing with respect to the Securities.

Appears in 2 contracts

Sources: First Supplemental Indenture (Berkley W R Corp), Fourth Supplemental Indenture (Berkley W R Corp)

Limitation on Aggregate Principal Amount. The aggregate principal amount of the Notes shall initially be limited to $200,000,000250,000,000. The Company may, without the consent of the Holders of the Notes, issue additional Securities having the same interest rate, maturity date and other terms as described in the related prospectus supplement and prospectus. Any additional Securities, together with the Notes offered by the related prospectus supplement, will constitute a single series of Securities under the Indenture. No additional Securities may be issued if an Event of Default under the Indenture has occurred and is continuing with respect to the Securities.

Appears in 2 contracts

Sources: Fifth Supplemental Indenture (Berkley W R Corp), Fifth Supplemental Indenture (Berkley W R Corp)

Limitation on Aggregate Principal Amount. The aggregate principal amount of the Notes shall initially be limited to $200,000,000150,000,000. The Company may, without the consent of the Holders of the Notes, issue additional Securities having the same interest rate, maturity date and other terms as described in the related prospectus supplement and prospectus. Any additional Securities, together with the Notes offered by the related prospectus supplement, will constitute a single series of Securities under the Indenture. No additional Securities may be issued if an Event of Default under the Indenture has occurred and is continuing with respect to the Securities.

Appears in 1 contract

Sources: Third Supplemental Indenture (Berkley W R Corp)