Maximum Dollar Amount definition

Maximum Dollar Amount has the meaning set forth in Section 2 of the Schedule.

Maximum Dollar Amount is $10,000,000.

Maximum Dollar Amount means the maximum par value of Bank Excess Stock that may be designated by the Bank to capitalize the total of all types of a single Member’s Mission Asset Activity.

Examples of Maximum Dollar Amount in a sentence

• If a Member reaches the Maximum Dollar Amount and desires to increase its Mission Asset Activity, the Member shall be required to purchase additional shares of Class B Stock, at the applicable Maximum Allocation Percentage for the specific type of Mission Asset Activity, to capitalize that type of incremental Mission Asset Activity.

• The Bank shall retain sole discretion to adjust the Maximum Dollar Amount from time to time.

• The FHLBank shall retain sole discretion to adjust the Maximum Dollar Amount from time to time.

• No Member may use more than One Hundred Million Dollars ($100,000,000) (exclusive of the par value of the Member’s Member Excess Stock Account) of available Bank Excess Stock as the Maximum Dollar Amount.

• If, at any time, the outstanding principal amount of any Advances exceeds the lesser of either the Maximum Dollar Amount or the Borrowing Base (such excess being an “Overadvance”), Borrower shall immediately pay to Bank in cash such Overadvance.

More Definitions of Maximum Dollar Amount

Maximum Dollar Amount is $6,500,000.

Maximum Dollar Amount set forth in Section 13.1 of the Loan Agreement is hereby amended in its entirety to read as follows:

Maximum Dollar Amount is $5,000,000.

Maximum Dollar Amount means the maximum par value of FHLBank Excess Stock that may be designated by the FHLBank to capitalize the total of all types of a single Member’s Mission Asset Activity.

Maximum Dollar Amount is $7,000,000.”

Maximum Dollar Amount is $7,000,000; provided, however, at Borrower’s election (and provided no Default or Event of Default has occurred and is continuing), upon prior written notice to Bank by Borrower, Borrower may increase the Maximum Dollar Amount to $10,000,000.

Maximum Dollar Amount set forth in Section 13.1 of the Loan Agreement is amended in its entirety and replaced with the following “Maximum Dollar Amount” is $10,000,000.