Common use of TERMS AND FORM Clause in Contracts

TERMS AND FORM. The aggregate principal amount of Securities that may be delivered under this Loan Agreement is $200,000,000.00. The Securities may be issued in one or more series of Securities and shall bear the title, interest, if any, at the rates and from the dates, shall mature at the times, may be redeemable at the prices and upon the terms, shall be payable at the place or places, and shall contain or be subject to such other terms as shall be set forth therein. The Securities of the only series hereunder shall be in the form attached hereto as Exhibit A. All Securities of any one series need not be issued at the same time and, unless otherwise provided, a series may be reopened for issuances of additional Securities of such series or to establish additional terms of such series of Securities. The Securities of each series shall be issued as Registered Securities without coupons. Unless the form of a Security for a series provides otherwise, the Registered Securities shall be issued in denominations of $1,000 or integral multiples thereof. Except as otherwise specified as contemplated by this Section 2.01 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.