Common use of Purchase of Notes; Minimum Denominations Clause in Contracts

Purchase of Notes; Minimum Denominations. The Purchaser agrees to purchase Notes, at 100% of their principal amount, from time to time, on or before the Final Maturity Date, as requested by National Rural by written notice (each, a “Notice of Borrowing”) to Fxxxxx Mac in an aggregate principal amount, for all Notes outstanding hereunder at any one time, not in excess of $500 million, subject to satisfaction of the conditions set forth herein. National Rural may borrow, repay (subject to the terms of the applicable Notes being repaid) and reborrow funds at any time or from time to time up to, but not including the Final Maturity Date. Each advance under this Agreement shall be disbursed in a minimum amount of $50 million and additional increments of $5 million in excess thereof or such other amounts as agreed to in the applicable Pricing Agreement. Each advance shall price within 3 Business Days of National Rural providing a Notice of Borrowing to Fxxxxx Mac and shall close and fund within 3 Business Days of pricing, subject to satisfaction of the conditions set forth herein and in accordance with the procedures set forth in Section 2.02(d) hereof, unless otherwise agreed by the parties hereto and set forth in the applicable Pricing Agreement.

Purchase of Notes; Minimum Denominations. The Purchaser agrees to purchase Notes, at 100% of their principal amount, from time to time, on or time before the Final Maturity Date, as requested by National Rural by written notice (each, a “Notice of Borrowing”) to Fxxxxx Xxxxxx Mac in an aggregate principal amount, for all Notes outstanding hereunder at any one time, not in excess of $500 million1 billion, subject to satisfaction of the conditions set forth herein. National Rural may borrow, repay (subject to the terms of the applicable Notes being repaid) and reborrow funds at any time or from time to time up to, but not including including, the Final Maturity Date. Each advance under this Agreement shall be disbursed in a minimum amount of $50 million and additional increments of $5 million in excess thereof or such other amounts as agreed to in the applicable Pricing Agreement. Each advance shall price within 3 Business Days of National Rural providing a Notice of Borrowing to Fxxxxx Xxxxxx Mac and shall close and fund within 3 Business Days of pricing, subject to satisfaction of the conditions set forth herein and in accordance with the procedures set forth in Section 2.02(d) hereof, unless otherwise agreed by the parties hereto and set forth in the applicable Pricing Agreement.

Purchase of Notes; Minimum Denominations. The Purchaser agrees to purchase Notes, at 100% of their principal amount, from time to time, on or before time during the Final Maturity DateDraw Period, as requested by National Rural by written notice (each, a “Notice of Borrowing”) to Fxxxxx Xxxxxx Mac in an aggregate principal amount, for all Notes outstanding hereunder at any one time, not in excess of $500 million1.5 billion, subject to satisfaction of the conditions set forth herein. National Rural may borrow, repay (subject to the terms of the applicable Notes Note being repaid) and reborrow funds at any time or from time to time up to, but not including during the Final Maturity DateDraw Period. Each advance under this Agreement shall be disbursed in a minimum amount of $50 million and additional increments of $5 million in excess thereof or such other amounts as agreed to in the applicable Pricing Agreement. Each advance shall price within 3 three (3) Business Days of National Rural providing a Notice of Borrowing to Fxxxxx Xxxxxx Mac and shall close and fund within 3 three (3) Business Days of pricing, subject to satisfaction of the conditions set forth herein and in accordance with the procedures set forth in Section 2.02(d) hereof, unless otherwise agreed by the parties hereto and set forth in the applicable Pricing Agreement.

Purchase of Notes; Minimum Denominations. The Purchaser agrees to purchase Notes, at 100% of their principal amount, from time to time, on or before the Final Maturity Date, as requested by National Rural by written notice (each, a “Notice of Borrowing”) to Fxxxxx Xxxxxx Mac in an aggregate principal amount, for all Notes outstanding hereunder at any one time, not in excess of $500 million, subject to satisfaction of the conditions set forth herein. National Rural may borrow, repay (subject to the terms of the applicable Notes being repaid) and reborrow funds at any time or from time to time up to, but not including the Final Maturity Date. Each advance under this Agreement shall be disbursed in a minimum amount of $50 million and additional increments of $5 million in excess thereof or such other amounts as agreed to in the applicable Pricing Agreement. Each advance shall price within 3 Business Days of National Rural providing a Notice of Borrowing to Fxxxxx Xxxxxx Mac and shall close and fund within 3 Business Days of pricing, subject to satisfaction of the conditions set forth herein and in accordance with the procedures set forth in Section 2.02(d) hereof, unless otherwise agreed by the parties hereto and set forth in the applicable Pricing Agreement.

Purchase of Notes; Minimum Denominations. The Purchaser agrees to purchase Notes, at 100% of their principal amount, from time to time, on or before the Final Maturity Date, as requested by National Rural by written notice (each, a “Notice of Borrowing”) to Fxxxxx Xxxxxx Mac in an aggregate principal amount, for all Notes outstanding hereunder at any one time, not in excess of $500 400 million, subject to satisfaction of the conditions set forth herein. National Rural may borrow, repay (subject to the terms of the applicable Notes being repaid) and reborrow funds at any time or from time to time up to, but not including including, the Final Maturity Date. Each advance under this Agreement shall be disbursed in a minimum amount of $50 million and additional increments of $5 million in excess thereof thereof, or such other amounts as agreed to in the applicable Pricing Agreement. Each advance shall price within 3 Business Days of National Rural providing a Notice of Borrowing to Fxxxxx Xxxxxx Mac and shall close and fund within 3 Business Days of pricing, subject to satisfaction of the conditions set forth herein and in accordance with the procedures set forth in Section 2.02(d) hereof, unless otherwise agreed by the parties hereto and set forth in the applicable Pricing Agreement.

Purchase of Notes; Minimum Denominations. The Purchaser agrees to purchase Notes, at 100% of their principal amount, from time to time, on or before the Final Maturity Date, as requested by National Rural by written notice (each, a “Notice of Borrowing”) to Fxxxxx Mac in an aggregate principal amount, for all Notes outstanding hereunder at any one time, not in excess of $500 400 million, subject to satisfaction of the conditions set forth herein. National Rural may borrow, repay (subject to the terms of the applicable Notes being repaid) and reborrow funds at any time or from time to time up to, but not including including, the Final Maturity Date. Each advance under this Agreement shall be disbursed in a minimum amount of $50 million and additional increments of $5 million in excess thereof thereof, or such other amounts as agreed to in the applicable Pricing Agreement. Each advance shall price within 3 Business Days of National Rural providing a Notice of Borrowing to Fxxxxx Mac and shall close and fund within 3 Business Days of pricing, subject to satisfaction of the conditions set forth herein and in accordance with the procedures set forth in Section 2.02(d) hereof, unless otherwise agreed by the parties hereto and set forth in the applicable Pricing Agreement.