Minimum Original Principal Amounts Sample Clauses

Minimum Original Principal Amounts. Minimum Original Notional Principal Amounts and Transfers. Unless otherwise provided in the related Terms Supplement, the Administrator shall issue, maintain and transfer Regular Classes (other than Retail Classes) and MACR Classes on the Fed System in minimum original principal amounts (or minimum original notional principal amounts) shown in the following table and additional increments of $1. If a Regular Class is of more than one type, its minimum is the greater of the applicable minimum amounts shown. Minimum Original Principal or Notional Type of Class Principal Amount ⎪ . . . . . . . . . . . . . . . . . . . . 100,000
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Minimum Original Principal Amounts. Minimum Original Notional Principal Amounts and Transfers. Unless otherwise provided in the related Terms Supplement, Regular Classes (other than Retail Classes) and MACR Classes shall be issued and must be maintained and transferred on the Fed Minimum Original Principal or Notional Type of Class Principal Amount
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Minimum Original Principal Amounts. Minimum Original Notional Principal Amounts and Transfer of Pass-Through CertiÑcates. (a) Pass-Through CertiÑcates (other than PO, IO, Retail and Call Classes) shall be issued and must be maintained in minimum original principal amounts (or minimum original notional principal amounts) of $1,000 and additional increments of $1. PO and IO Classes shall be issued and must be maintained in minimum original principal amounts (or minimum original notional principal amounts) of $100,000 and additional increments of $1. A Pass-Through CertiÑcate maintained in book-entry form either on the Fed System or on the Depository System shall not be transferred if, as a result of the transfer, the transferor or the transferee would have on deposit in its account Pass-Through CertiÑcates of the same Class having an original principal amount (or original notional principal amount) of less than the applicable minimum amount. Transfers of Pass-Through CertiÑcates maintained on the Fed System shall also be subject to any applicable Federal Reserve Bank minimum wire transfer requirements. The Federal Reserve Banks shall maintain a book-entry recordkeeping system for all transactions in such Pass-Through CertiÑcates. (b) The issuance and recordation of, and transfers of interests (including security interests) in, Pass- Through CertiÑcates maintained on the Fed System shall be governed by the Book-Entry Rules and such procedures as shall be agreed upon from time to time by Xxxxxxx Mac and the Federal Reserve Banks. A Federal Reserve Bank will act only upon the instructions of the Holder in recording transfers of securities maintained on the Fed System. (c) If a Series includes one or more Retail Classes, each such Class shall be represented by one or more certiÑcates registered in the name of the nominee of the Retail Depository and maintained by the Retail Depository in $1,000 units. (d) The Depository or Retail Depository, as applicable, shall maintain a book-entry recordkeeping system for all transactions in Pass-Through CertiÑcates maintained through its facilities. The transfer, exchange or pledge of Pass-Through CertiÑcates maintained through these book-entry facilities shall be governed by the Depository's or Retail Depository's rules and procedures, as amended from time to time. The Depository or Retail Depository will act only upon the instructions of its participants in recording transfers of a security maintained through its book-entry facilities. (e) A CertiÑcated Pass...
Sample 1
Minimum Original Principal Amounts. Minimum Original Notional Principal Amounts and Transfer of Pass-Through Certificates. (a) Unless otherwise specified in the related Terms Supplement, Pass-Through Certificates shall be issued and must be maintained in minimum original principal amounts (or minimum original notional principal amounts) of $1,000 and additional increments of $1. A Pass-Through Certificate maintained in book-entry form either on the Fed System or on the DTC System shall not be transferred if, as a result of the transfer, the transferor or the transferee would have on deposit in its account Pass- Through Certificates of the same Class having an original principal amount (or original notional principal amount) of less than the applicable minimum amount. Transfers of Pass-Through Certificates maintained on the Fed System shall also be subject to any applicable Federal Reserve Bank minimum wire transfer requirements. The Federal Reserve Banks shall maintain a book-entry recordkeeping system for all transactions in such Pass-Through Certificates. (b) The issuance and recordation of, and transfers of interests (including security interests) in, Pass-Through Certificates maintained on the Fed System shall be governed by the Book-Entry Rules and such procedures as shall be agreed upon from time to time by the Administrator and the Federal Reserve Banks. A Federal Reserve Bank shall act only upon the instructions of the Holder in recording transfers of securities maintained on the Fed System.
Sample 1
Minimum Original Principal Amounts. Minimum Original Notional Principal Amounts and Transfer of Pass-Through Certificates. (a) Pass-Through Certificates (other than PO, IO, Inverse Floating Rate, Structured Formula, Toggle, Retail and Call Classes) shall be issued and must be maintained in minimum original principal amounts (or minimum original notional principal amounts) of $1,000 and additional increments of $1. PO, IO, Inverse Floating Rate, Structured Formula and Toggle Classes shall be issued and must be maintained in minimum original principal amounts (or minimum original notional principal amounts) of $100,000 and additional increments of $1. A Pass-Through Certificate maintained in book-entry form either on the Fed System or on the DTC System shall not be transferred if, as a result of the transfer, the transferor or the transferee would have on deposit in its account Pass-Through Certificates of the same Class having an original principal amount (or original notional principal amount) of less than the applicable minimum amount. Transfers of Pass-Through Certificates maintained on the Fed System shall also be subject to any applicable Federal Reserve Bank minimum wire transfer requirements. The Federal Reserve Banks shall maintain a book-entry recordkeeping system for all transactions in such Pass-Through Certificates.
Sample 1
Minimum Original Principal Amounts. Minimum Original Notional Principal Amounts and Transfer of Pass-Through Certificates. (a) Pass-Through Certificates (other than Retail and Call Classes) shall be issued and must be maintained in minimum original principal amounts (or minimum original notional principal amounts) of $1,000 and additional increments of $1. A Pass-Through Certificate maintained in book-entry form either on the Fed System or on the Depository System shall not be transferred if, as a result of the transfer, the transferor or the transferee would have on deposit in its account Pass-Through Certificates of the same Class having an original principal amount (or original notional principal amount) of less than $1,000. Transfers of Pass-Through Certificates maintained on the Fed System shall also be subject to any applicable Federal Reserve Bank minimum wire transfer requirements. The Federal Reserve Banks shall maintain a book-entry recordkeeping system for all transactions in such Pass-Through Certificates.
Sample 1

Related to Minimum Original Principal Amounts

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this First Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this First Supplemental Indenture.

  • Limitation on Aggregate Principal Amount The aggregate principal amount of the Notes shall not be limited. The Company shall not execute and the Trustee shall not authenticate or deliver Notes except as permitted by the terms of the Indenture.

  • Designation and Principal Amount There is hereby authorized and established a new series of Securities under the Base Indenture designated as the “3.500% Senior Notes due 2022,” which is not limited in aggregate principal amount. The initial aggregate principal amount of the 2022 Notes to be issued under this Supplemental Indenture shall be $500,000,000. The 2022 Notes are not Original Issue Discount Securities and were originally issued at a public offering price of 99.649%. Any additional amounts of 2022 Notes to be issued shall be set forth in a Company Order.

  • Original Class B Principal Balance The Original Class B Principal Balance is $12,006,549.92.

  • Minimum Balance Xxxxxxxx agrees to maintain a minimum balance of funds in the Settlement Account as Processor may specify to Merchant in writing from time to time.

  • Maximum or Minimum Interest Rate If specified on the face hereof, this Note may have either or both of a Maximum Interest Rate or a Minimum Interest Rate. If a Maximum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever exceed such Maximum Interest Rate and in the event that the interest rate on any Interest Reset Date would exceed such Maximum Interest Rate (as if no Maximum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Maximum Interest Rate. If a Minimum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever be less than such Minimum Interest Rate and in the event that the interest rate on any Interest Reset Date would be less than such Minimum Interest Rate (as if no Minimum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Minimum Interest Rate. Notwithstanding anything to the contrary contained herein, the interest rate on a Floating Rate Note shall not exceed the maximum interest rate permitted by applicable law.

  • Minimum Amounts and Maximum Number of Eurodollar Tranches Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurodollar Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurodollar Loans comprising each Eurodollar Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (b) no more than ten Eurodollar Tranches shall be outstanding at any one time.

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • Minimum Balance Requirements To be a member and maintain Accounts with Us You must purchase 1 share in the Credit Union. The par value of a share in this Credit Union is $5.00. If the balance in Your primary share Account drops below 1 share ($5.00), at any time, We may, at Our option, close Your Account. Nonsufficient Funds Returns. Any share draft or pre-authorized transfer, or transaction made through the use of a debit card, or other electronic means, as is applicable (including any in-person transaction), that is presented to Us for payment on Your Account when Your Account lacks sufficient collected funds to pay any such item may, at Our option, be returned for nonsufficient funds or We may honor any such item and charge You a fee for doing so. Overdraft Balance Calculation. When processing transactions that debit or credit Your Account, We start each Business Day with Your final Account balance from the preceding Business Day. The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Account that were finally settled that day, as described above in the "Deposit of Items" and "Collection and Processing of Items" sections of the Account Agreement. This starting balance at the beginning of a Business Day (the preceding Business Day's final balance) is sometimes referred to as Your "actual balance."

  • Outstanding Principal Balance Each Receivable has an outstanding principal balance of at least $500.

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