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Power to Company to issue Debentures not exceeding Amount of registered Securities, &c.
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11. Upon the Securities so from Time to Time registered, the Company may found and issue its Mortgage Debentures, but so that the aggregate Principal Sum secured by all the Mortgage Debentures shall never exceed at any One Time the then total Amount (to be ascertained in the Manner herein-after provided) of the registered Securities of the Company, and also shall never exceed Ten Times the Amount for the Time being uncalled of its subscribed Share Capital.
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