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Common use of Denomination Clause in Contracts

Denomination. The Notes will initially be issued as Book-Entry Notes. The Notes will be issued in minimum denominations of $1,000 and in multiples of $1,000. However, one Note of each Class may be issued in a different amount if it exceeds the minimum denomination for the Class.

Appears in 109 contracts

Samples: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Denomination. The Notes will initially be issued as Book-Entry Notes. The Notes Notes, except for the Rule 144A Notes, will be issued in minimum denominations of $1,000 and in multiples of $1,000. The Rule 144A Notes will be issued in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000. However, one Note of each Class may be issued in a different amount if it exceeds the minimum denomination for the Class.

Appears in 41 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2024-D), Indenture (Ford Credit Auto Owner Trust 2024-C), Indenture (Ford Credit Auto Owner Trust 2024-C)

Denomination. The Notes will initially be issued as Book-Entry Notes. The Notes will be issued in minimum denominations of $1,000 100,000 and in multiples of $1,000. However, one Note of each Class may be issued in a different amount if it exceeds the minimum denomination for the Class.

Appears in 5 contracts

Samples: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Denomination. The Notes will initially be issued as Book-Entry Notes. The Notes Notes[, except for the Rule 144A Notes,] will be issued in minimum denominations of $1,000 and in multiples of $1,000. [ The Rule 144A Notes will be issued in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000.] However, one Note of each Class may be issued in a different amount if it exceeds the minimum denomination for the Class.

Appears in 4 contracts

Samples: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC)

Denomination. The Notes will initially be issued as Book-Entry Notes. The Notes Notes[, except for the Rule 144A Notes,] will be issued in minimum denominations of $1,000 and in multiples of $1,000. [The Rule 144A Notes will be issued in minimum denominations of $100,000 and in multiples of $1,000 in excess of $100,000.] However, one Note of each Class may be issued in a different amount if it exceeds the minimum denomination for the Class.

Appears in 2 contracts

Samples: Indenture (CAB East LLC), Indenture (CAB West LLC)