Common use of Capital Plan Amendment Clause in Contracts

Capital Plan Amendment. The amendments to the Capital Plan of each FHLBank that has issued stock pursuant to a Capital Plan as of the Effective Date shall become effective only if approved by the FHFA for each such FHLBank, and, if such approval is granted, such amendments shall become effective simultaneously on the Interim Capital Plan Amendment Implementation Date. The amendments to the Capital Plan for any FHLBank that has not issued stock pursuant to a Capital Plan as of the Effective Date shall become effective on the Final Capital Plan Amendment Implementation Date. Each FHLBank's Capital Plan amendments shall contain the substantive provisions of this Agreement as amended on the Amendment Effective Date

Appears in 2 contracts

Samples: Joint Capital Enhancement Agreement (Federal Home Loan Bank of Boston), Joint Capital Enhancement Agreement (Federal Home Loan Bank of Indianapolis)

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Capital Plan Amendment. The amendments to the Capital Plan of each FHLBank that has issued stock pursuant to a Capital Plan as of the Effective Date shall become effective only if approved by the FHFA for each such FHLBank, and, if such approval is granted, such amendments shall become effective simultaneously on the Interim Capital Plan Amendment Implementation Date. The amendments to the Capital Plan for any FHLBank that has not issued stock pursuant to a Capital Plan as of the Effective Date shall become effective on the Final Capital Plan Amendment Implementation Date. Each FHLBank's ’s Capital Plan amendments shall contain the substantive provisions of this Agreement as amended on the Amendment Effective Date

Appears in 1 contract

Samples: Joint Capital Enhancement Agreement (Federal Home Loan Bank of New York)

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Capital Plan Amendment. The amendments to the Capital Plan of each FHLBank that has issued stock pursuant to a Capital Plan as of the Effective Date shall become effective only if approved by the FHFA for each such 10 FHLBank, and, if such approval is granted, such amendments shall become effective simultaneously on the Interim Capital Plan Amendment Implementation Date. The amendments to the Capital Plan for any FHLBank that has not issued stock pursuant to a Capital Plan as of the Effective Date shall become effective on the Final Capital Plan Amendment Implementation Date. Each FHLBank's Capital Plan amendments shall contain the substantive provisions of this Agreement as amended on the Amendment Effective DateDate VI.

Appears in 1 contract

Samples: www.sec.gov

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