Authorized Denominations definition

Authorized Denominations means $5,000 or any integral multiple thereof.
Authorized Denominations means the denomination of $1,000 or any whole multiple thereof.
Authorized Denominations means $5,000 and any integral multiple thereof.

Examples of Authorized Denominations in a sentence

  • If a portion of any Bond is redeemed prior to its scheduled maturity as provided herein, a substitute Bond or Bonds having the same maturity date, bearing interest at the same rate, in Authorized Denominations, at the request of the Owner, and in an aggregate principal amount equal to the unredeemed portion thereof, will be issued to the Owner upon surrender thereof for cancellation.

  • The Bonds are issuable as fully registered bonds only in denominations of $100,000, or any integral multiple of $1,000 in excess thereof (“Authorized Denominations, subject to the provisions of the Indenture authorizing redemption in Authorized Denominations or in integral multiples of $1,000, as applicable.

  • Upon satisfaction of such requirements, one or more new fully registered Bonds of the same Stated Maturity, of Authorized Denominations, bearing the same rate of interest, and for the same aggregate principal amount will be issued to the designated transferee or transferees.


More Definitions of Authorized Denominations

Authorized Denominations means the denomination of $5,000 or any integral multiple thereof with respect to the Current Interest Bonds and in the denomination of $5,000 in maturity amount or any integral multiple thereof with respect to the Premium Compound Interest Bonds.
Authorized Denominations means (i) with respect to Current Interest Bonds, the denomination of $5,000 or any whole multiple thereof, and (ii) with respect to Capital Appreciation Bonds, if any, the denomination equal to the original principal amount that, when interest at the applicable compounding rate is accrued and compounded thereon on each Interest Accretion Date to the stated maturity of such Bonds, will result in a $5,000 Maturity Amount or any integral multiple thereof.
Authorized Denominations. Each Class of Notes is issuable only in the minimum Percentage Interest corresponding to a minimum denomination of $25,000 or integral multiples of $1,000 in excess thereof; provided, however, that one Note of each Class is issuable in a denomination equal to any such multiple plus an additional amount such that the aggregate denomination of all Notes of such Class shall be equal to the Original Note Principal Balance of such Class.
Authorized Denominations means (subject to any limitations in Section 3) the denomination of $5,000 or any whole multiple thereof.
Authorized Denominations means, with respect to any Series or Class of Securitization Bonds, $1,000 and integral multiples of $1.00 above that amount, provided, however, that one bond of each Class may have denomination of less than $1,000, or such other denominations as may be specified in the Series Supplement therefor.
Authorized Denominations means an initial amount of $100,000 or any integral multiple of $1,000 in excess thereof, except with respect to the TIF Note issued upon acceptance by the City of the final Certificate of Reimbursable Redevelopment Project Costs, which TIF Note may be issued in any denomination, subject to the limitation on the aggregate Principal Amount, subject to the limitation provided in Section 2.1 of this Ordinance.
Authorized Denominations means (a) with respect to any Capital Appreciation Bonds, a denomination equal to a principal amount that, when interest at the applicable compounding interest rate is accrued and compounded thereon on each Interest Accretion Date to the stated maturity of those Bonds, will result in a Maturity Amount equal to $5,000 or any whole multiple thereof and (b) with respect to Current Interest Bonds, a denomination of $5,000 or any whole multiple thereof.