Series Notes Clause Samples

The 'Series Notes' clause defines the specific terms and characteristics of a particular series of securities or financial instruments being issued. It typically outlines details such as the series designation, interest rate, maturity date, and any unique rights or restrictions associated with that series. By clearly distinguishing the features of each series, this clause ensures that investors and parties understand the precise obligations and entitlements attached to their holdings, thereby preventing confusion and disputes regarding the terms of the securities.
Series Notes. There shall have been executed and delivered to Agent Series Notes in favor of the Lenders in an amount equal to each Lender’s Ratable Share of such Advance;
View SourceView Similar (4)
Series Notes. SECTION 2.01 CESSATION OF APPLICABILITY OF SECTION 4.10
View SourceView Similar (2)
Series Notes. Until the 10.30% Series Notes shall have been paid in full, the Company shall apply to the prepayment of the 10.30% Series Notes, without premium, as set forth on Schedule 4A(3) attached hereto, the sum of (i) $200,000 on July 2 in each of the years 1997 through 1998, inclusive, (ii) $400,000 on July 2 in each of the years 1999 to 2000, inclusive, (iii) $600,000 on July 2 in each of the years 2001 to 2002, inclusive, (iv) $800,000 on July 2 in each of the years 2003 to 2005, inclusive, and (v) $1,000,000 on July 2 in each of the years 2006 to 2008, inclusive, and such principal amount of the 10.30% Series Notes, together with interest thereon to the payment dates, shall become due on such prepayment dates. Any prepayment of the 10.30% Series Notes made by the Company pursuant to any other provision of this paragraph 4 shall not reduce or otherwise affect its obligation to make any prepayment required by this paragraph 4A(3). The remaining $1,800,000 principal amount of the 10.30% Series Notes, together with interest accrued thereon, shall become due on July 2, 2009.
View SourceView Similar (2)
Series Notes. The Company agrees to notify each Agent of sales by the Company of its Series _____ Notes.
View Source
Series Notes. Until the 10.35% Series Notes shall have been paid in full, the Company shall apply to the prepayment of the 10.35% Series Notes, without premium, as set forth on Schedule 4A(5) attached hereto, the sum of (i) $600,000 on July 2 in each of the years 1997 through 2001, inclusive, and (ii) $800,000 on July 2 in each of the years 2002 to 2006, inclusive, and such principal amounts of the 10.35% Series Notes, together with interest thereon to the prepayment dates, shall become due on such prepayment dates. Any prepayment of the 10.35% Series Notes made by the Company pursuant to any other provision of this paragraph 4 shall not reduce or otherwise affect its obligation to make any prepayment required by this paragraph 4A(5). The remaining $1,000,000 principal amount of the 10.35% Series Notes, together with interest accrued thereon, shall become due on July 2, 2007.
View Source
Series Notes. (a) Pursuant to the Indenture, the Issuer shall issue, and the Purchasers shall purchase, on [ ] (the “Closing Date”) (i) a new Series of Class A Notes designated as the Series [ ] Class A Notes (the “Series [ ] Class A Notes”) [and/or] (ii) a new Series of Class B Notes designated as the Series [ ] Class B Notes (the “Series [ ] Class B Notes” and, together with the Series [ ] Class A Notes, the “Series [ ] Notes”). (b) The parties are entering into this NPA Supplement pursuant to the Note Purchase Agreement to confirm their understanding of the terms of the Series [ ] Notes. Except to the extent modified by this NPA Supplement, all terms and conditions of the Note Purchase Agreement are hereby ratified, confirmed and incorporated herein. [Each Purchaser not originally a party to the Note Purchase Agreement hereby (i) represents that it is familiar with the terms and conditions contained in the Note Purchase Agreement, (ii) represents that it is in compliance with such terms and conditions as of the date hereof, and (iii) covenants that it shall comply with, adhere to, assume all of the obligations imposed upon it as the Purchaser under and otherwise be bound by the terms and conditions of the Note Purchase Agreement.] (c) Upon satisfaction of the conditions precedent set forth in the Indenture and the Note Purchase Agreement, the Issuer shall sell and the Purchasers shall severally purchase the Series [ ] Notes in the principal amounts of each Class as set forth beside its respective name in Annex A hereto. The purchased Series [ ] Notes shall be registered in the names and denominations set forth in Annex A hereto. (d) Immediately after giving effect to the issuance of the Series [ ] Notes on the Closing Date, the Outstanding Note Balance for (i) all Class A Notes of all Series is $[ ] and (ii) all Class B Notes of all Series is $[ ]. (e) The Aggregate Discounted Solar Asset Balance of the Conveyed Property contributed to the Issuer on the related Cut-Off Date is $[ ].
View Source
Series Notes 
View SourceView Similar (2)

Related to Series Notes

  • Special Notes Recommended Clinician: Meet & Greet date and time: Date and time requested: Rate:

  • Floating Rate Notes If this Note is specified on the face hereof as a “Floating Rate Note”:

  • New Notes For so long as a Note is not included in a Securitization, the Holder of such Note (the “Resizing Holder”) shall have the right, subject to the terms of the Mortgage Loan Documents, to cause the Borrower to execute amended and restated notes (“Amended Notes”) or additional notes (“New Notes”) reallocating the principal of the Note or Notes that it owns (but in no case any Note that it does not then own) among Amended Notes and New Notes or severing a Note into one or more further “component” notes in the aggregate principal amount equal to the then outstanding principal balance of the Note or Notes being amended or created, provided that (i) the aggregate principal balance of the Amended Notes and New Notes following such amendments is no greater than the principal balance of the Amended Notes and New Notes prior to such amendments, (ii) all New Notes continue to have the same interest rate as the Amended Note of which it was a part prior to such amendments, (iii) all New Notes pay pro rata and on a pari passu basis with the Amended Notes and such reallocated or component notes shall be automatically subject to the terms of this Agreement and (iv) the Resizing Holder holding the New Notes shall notify each other Holder, as applicable, and, if any other Note has been included in a securitization, the parties under each applicable PSA, in writing (which may be by email) of such modified allocations and principal amounts. In connection with the foregoing, (1) the Master Servicer is hereby authorized to execute amendments to the Loan Agreement and this Agreement (or to amend and restate the Loan Agreement and this Agreement) on behalf of any or all of the Holders for the purpose of reflecting such reallocation of principal or such severing of a Note, (2) if a Note is severed into “component” notes, such component notes shall each have their same rights as the respective original Note, (3) the definition of the term “Securitization” and all of the related defined terms may be amended (and new terms added, as necessary) to reflect the New Notes and (4) if Note A-1 is severed into “component” notes, another note (or one of the New Notes) may be substituted for Note A-1 in the definition of “Designated Holder” and “Directing Holder” and the definitions of “Lead Note” and “Lead Securitization” and “Non-Directing Holder” will be revised accordingly. Neither Rating Agency Confirmation nor approval of the Directing Holder shall be required for any amendments to this Agreement required to facilitate the terms of this Section 18(a). The Resizing Holder whose Note is being reallocated or split pursuant to this Section 18(a) shall reimburse the other Holders for all costs and expenses incurred by the other Holders in connection with the reallocation or split.

  • Subordinated Notes The Subordinated Notes have been duly authorized by the Company and when executed by the Company and issued, delivered to and paid for by the Purchasers in accordance with the terms of the Agreement, will have been duly executed, authenticated, issued and delivered, and will constitute legal, valid and binding obligations of the Company and enforceable in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles.

  • Fixed Rate Notes If this Note is specified on the face hereof as a “Fixed Rate Note”: (i) This Note will bear interest at the rate per annum specified on the face hereof. Interest on this Note will be computed on the basis of a 360-day year of twelve 30-day months. (ii) Unless otherwise specified on the face hereof, the Interest Payment Dates for this Note will be as follows: