Consequences of Voluntary Termination. In the event the FHLBanks deliver written notice to the FHFA that the FHLBanks have voted to terminate the Agreement, then without any further action by any FHLBank or the FHFA: (i) the date of delivery of such notice shall be an Allocation Termination Date; and (ii) one year from the date of delivery of such notice shall be a Restriction Termination Date.
Appears in 6 contracts
Samples: www.sec.gov, Joint Capital Enhancement Agreement (Federal Home Loan Bank of Boston), Joint Capital Enhancement Agreement (Federal Home Loan Bank of New York)
Consequences of Voluntary Termination. In the event the FHLBanks deliver written notice to the FHFA that the FHLBanks have voted to terminate the Agreement, then without any further action by any FHLBank the Bank or the FHFA: (i) the date of delivery of such notice shall be an Allocation Termination Date; and (ii) one year from the date of delivery of such notice shall be a Restriction Termination Date.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Federal Home Loan Bank of Des Moines), Agreement and Plan of Merger (Federal Home Loan Bank of Seattle)
Consequences of Voluntary Termination. Final 11 In the event the FHLBanks deliver written notice to the FHFA that the FHLBanks have voted to terminate the Agreement, then without any further action by any FHLBank or the FHFA: (i) the date of delivery of such notice shall be an Allocation Termination Date; and (ii) one year from the date of delivery of such notice shall be a Restriction Termination Date.
Appears in 2 contracts
Samples: Joint Capital Enhancement Agreement (Federal Home Loan Bank of San Francisco), Joint Capital Enhancement Agreement (Federal Home Loan Bank of Chicago)
