Option to Change Participation Share. After the earlier to occur of (i) the cumulative amount of assets transferred as a Participation Share equaling Two Hundred Fifty Million Dollars ($250,000,000), or (ii) the second anniversary of the date of this Agreement, the Boston Bank shall have the right to change the percentage of the MPF Provider’s Participation Share upon giving the MPF Provider thirty (30) days written notice, thereafter each Master Commitment executed with the Boston Bank PFIs shall be subject to the Participation Share at the investment percentage specified in such notice (which may be zero). Subject to the provisions of Section 2.5., the MPF Provider will continue to provide operational support services for all Program Loans.
Appears in 4 contracts
Samples: Mortgage Partnership Finance, Investment and Services Agreement (Federal Home Loan Bank of Chicago), Investment and Services Agreement (Federal Home Loan Bank of Boston)