Common use of Quarterly determination Clause in Contracts

Quarterly determination. The Xx- xxxxxx shall determine the capital clas- sification for each Bank no less often than once a quarter based on the cap- ital classifications in § 1229.3 of this subpart. The Director may make a de- termination with regard to a capital classification for a Bank more often than the minimum required under this paragraph or make a determination for one or more Banks without making a determination for all the Banks.

Appears in 5 contracts

Samples: Private Transfer Fee Covenants, Private Transfer Fee Covenants, Private Transfer Fee Covenants

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