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 February 28, 2011, as requested by National Rural by written notice (each, a “Notice of Borrowing”) to Fxxxxx Mac in an aggregate principal amount, for all Notes purchased hereunder, not in excess of $500 million, subject to satisfaction of the conditions set forth herein. Each advance under this Agreement shall be disbursed in a minimum amount of $50 million and additional increments of $5 million in excess thereof. 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 before February 28December 31, 20112010, as requested by National Rural by written notice (each, a “Notice of Borrowing”) to Fxxxxx Mac in an aggregate principal amount, for all Notes purchased hereunder, not in excess of $500 million, subject to satisfaction of the conditions set forth herein. Each advance under this Agreement shall be disbursed in a minimum amount of $50 million and additional increments of $5 25 million in excess thereof. 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 before February 28December 31, 20112010, 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 purchased hereunder, not in excess of $500 million, subject to satisfaction of the conditions set forth herein. Each advance under this Agreement shall be disbursed in a minimum amount of $50 million and additional increments of $5 25 million in excess thereof. 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.