Common use of Minimum Principal Amount Clause in Contracts

Minimum Principal Amount. No sale of the Notes to any one Subsequent Purchaser shall be for less than U.S. $1,000 ($100,000 for Institutional Accredited Investors) principal amount and no Note shall be issued in a smaller principal amount. If the Subsequent Purchaser is a non-bank fiduciary acting on behalf of others, each person for whom it is acting must purchase at least U.S. $100,000 principal amount of the Notes.

Appears in 3 contracts

Samples: Purchase Agreement (Simon Property Group L P /De/), Purchase Agreement (Simon Property Group L P /De/), Purchase Agreement (Simon Property Group L P /De/)

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Minimum Principal Amount. No sale of the Notes to any one Subsequent Purchaser shall will be for less than U.S. $1,000 ($100,000 for Institutional Accredited Investors) principal amount and no Note shall will be issued in a smaller principal amount. If the Subsequent Purchaser is a non-bank fiduciary acting on behalf of others, each person for whom it is acting must purchase at least U.S. $100,000 principal amount of the Notes.

Appears in 1 contract

Samples: Purchase Agreement (Simon Property Group L P /De/)

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