Available Principal Commitment means, initially, ONE HUNDRED FORTY-FOUR MILLION, TWO HUNDRED THOUSAND DOLLARS ($144,200,000), and thereafter shall mean such initial amount adjusted from time to time as follows:
Available Principal Commitment initially means $__________ and thereafter means such initial amount adjusted from time to time as follows: (a) immediately downward by the amount of any termination or reduction of the Available Principal Commitment pursuant to Section 2.03 or Section 2.05; (b) immediately downward by the principal amount of any Variable Rate Bonds purchased by the Corporation pursuant to Section 2.02; and (c) immediately upward by the principal amount of any Variable Rate Bonds theretofore purchased by the Corporation pursuant to Section 2.02, which are delivered for sale pursuant to Section 2.04(b) and the proceeds from which are paid to GE Capital in accordance with the GE Capital Agreement.
Available Principal Commitment initially means $ and thereafter means such initial amount adjusted from time to time as follows: downward by the amount of any termination or reduction of the Available Principal Commitment pursuant to Section 2.03 or Section 2.05; (b) downward by the principal amount of any Bonds purchased by the Corporation pursuant to Section 2.02; and (c) upward by the principal amount of any Bonds theretofore purchased by the Corporation pursuant to Section 2.02, which are delivered for sale by the Corporation pursuant to Section 2.04(b).
Examples of Available Principal Commitment in a sentence
The aggregate Principal Component of all Advances made on any date shall not exceed the Available Principal Commitment on such date.
The aggregate principal amount of the Variable Rate Bonds purchased by the Corporation on any Purchase Date shall not exceed the Available Principal Commitment on such date and the aggregate amount of the Purchase Price comprising interest on Variable Rate Bonds purchased by the Corporation on any Purchase Date shall not exceed the lesser of (1) the Available Interest Commitment and (2) the actual amount of interest accrued and unpaid on such Variable Rate Bonds to but excluding such date.
The aggregate principal amount of the Bonds purchased by the Corporation on any Purchase Date shall not exceed the Available Principal Commitment on such date and the aggregate amount of the Purchase Price comprising interest on Bonds purchased by the Corporation on any Purchase Date shall not exceed the lesser of (1) the Available Interest Commitment and (2) the actual amount of interest accrued and unpaid on such Bonds to but excluding such date.
The different report might be due to the different methodologies used to study the outcome of interest, in which the study using self-report might be more liable to bias (Wondafrash et al., 2012) however, this contradicting result needs to be verified using structured observation.
Upon any repurchase of Series 2016 Bonds with proceeds of a Remarketing, a redemption of Series 2016 Bonds or a defeasance of Series 2016 Bonds to a date on or prior to the Initial Bonds Remarketing Date, the aggregate Available Principal Commitment shall be reduced, upon receipt by a Purchaser of Written notice of such occurrence from the Trustee, by the principal amount of the Series 2016 Bonds so repurchased, redeemed or defeased, as specified in such Written notice.
More Definitions of Available Principal Commitment
Available Principal Commitment means, and in no event shall it exceed,
Available Principal Commitment means, initially, the aggregate principal amount of the Remarketed Bonds Outstanding and, thereafter, means such initial amount adjusted from time to time as follows: (a) downward by the amount of any mandatory reduction of the AvailablePrincipal Commitment pursuant to the FHLB Liquidity Facility (other than with respect to clause (c) of this definition); (b) downward by the principal amount of the Remarketed Bonds for the purchase of which funds are made available by the FHLB to purchase such Remarketed Bonds pursuant to the FHLB Liquidity Facility; (c) downward by the principal amount of the Remarketed Bonds of which the interest rate borne by such Remarketed Bonds has been converted or changed to a mode other than a Covered Mode or has been changed to a mode or rate not required by the 2009 Series D Supplemental Indenture, to be supported by a Liquidity Facility or for which an Alternate Liquidity Facility, a Non-Conforming Liquidity Facility or Self Liquidity (as defined in the 2009 Series D Supplemental Indenture) has become effective; and (d) upward by the principal amount of any Remarketed Bonds theretofore purchased by the FHLB pursuant to the FHLB Liquidity Facility which are remarketed by the Remarketing Agent and for which the FHLB has received immediately available funds equal to the principal amount thereof and accrued interest thereon (or deemed to be remarketed pursuant to the FHLB Liquidity Facility); provided, however, that the sum of (i) the Available Principal Commitment plus (ii) the aggregate principal amount of Bank Bonds shall never exceed $80,870,000.00 for the Remarketed Bonds. Any adjustments to the Available Principal Commitment pursuant to clause (a), (b) or (d) hereof shall occur simultaneously with the occurrence of the events described in such clauses. Any adjustments to the Available Principal Commitment pursuant to clause (c) hereof shall occur at 5:00 p.m. New York City time on the Business Day immediately following the occurrence of the events described in such clause.
Available Principal Commitment bears to the Available Principal Commitment prior to such increase; provided that after giving effect to such adjustment the Available Interest Commitment shall never exceed Two Million One Hundred Nineteen Thousand Thirty-Six Dollars ($2,119,036). Any adjustments pursuant to clauses (a) and (b) above shall occur simultaneously with the event requiring such adjustment.
Available Principal Commitment means, initially, the aggregate principal amount of the Bonds Outstanding, $90,580,000, and thereafter means such initial amount adjusted from time to time as follows: (a) downward by the amount of any mandatory reduction of the Available Principal Commitment pursuant to Section 2.4(a) or (b) hereof; (b) downward by the principal amount of any Bonds for the purchase of which funds are made available by the Liquidity Provider to purchase Bonds pursuant to Section 2.1 hereof; (c) downward by the principal amount of any Bonds of which the interest rate borne by such Bonds has been Converted; and (d) upward by the principal amount of any Bonds theretofore purchased by the Liquidity Provider pursuant to Section 2.1 hereof which are remarketed by the Remarketing Agent and for which the Liquidity Provider has received immediately available funds equal to the principal amount thereof and accrued interest thereon (or deemed to be remarketed pursuant to Section 2.5(c) hereof); provided, however, that the sum of (i) the Available Principal Commitment plus (ii) the aggregate principal amount of Bank Bonds shall never exceed $90,580,000. Any adjustments to the Available Principal Commitment pursuant to clauses (a), (b), (c) or (d) hereof shall occur simultaneously with the occurrence of the events described in such clauses.
Available Principal Commitment means, initially, the aggregate principal amount of the 2001 Series A Bonds Outstanding, $40,760,000.00, and the aggregate principal amount of the 2001 Series B Bonds Outstanding, $49,810,000.00, and, thereafter, means such initial amount adjusted from time to time as follows: (a) downward by the amount of any mandatory reduction of the Available Principal Commitment pursuant to the FHLB Liquidity Facility (other than with respect to clause (c) of this definition); (b) downward by the principal amount of the applicable Remarketed Bonds for the purchase of which funds are made available by the FHLB to purchase such Remarketed Bonds pursuant to the FHLB Liquidity Facility; (c) downward by the principal amount of the applicable Remarketed Bonds of which the interest rate borne by such Remarketed Bonds has been converted or changed to a mode other than a Covered Mode or has been changed to a mode or rate not required by the applicable 2001 Series A and B Supplemental Indentures, to be supported by a Liquidity Facility or for which an Alternate Liquidity Facility (as defined in the 2001 Series A/B/C/D Supplemental Indenture), Auction Mode Period (as defined in the 2001 Series A/B/C/D Supplemental Indenture), or Self Liquidity (as defined in the 2001 Series A/B/C/D Supplemental Indenture) has become effective; and (d) upward by the principal amount of any Remarketed Bonds theretofore purchased by the FHLB pursuant to the FHLB Liquidity Facility which are remarketed by the Remarketing Agent and for which the FHLB
Available Principal Commitment means initially the aggregate principal amount of the [2005 A-1 Bonds] [2007 [A-1 Bonds][A-2 Bonds][A-3 Bonds] Outstanding, $ , and thereafter means such initial amount adjusted from time to time as follows: (a) downward by the amount of any mandatory or voluntary reduction of the Available Principal Commitment pursuant to Section 2.4 or Section 2.11 hereof; (b) downward by the principal amount of any [2005 A-1 Bonds] [2007 [A-1 Bonds][A-2 Bonds][A-3 Bonds] purchased by the Bank pursuant to Section 2.1 hereof; and (c) upward by the principal amount of any [2005 A-1 Bonds] [2007 [A-1 Bonds][A-2 Bonds][A-3 Bonds] theretofore purchased by the Bank pursuant to Section 2.1 hereof which are remarketed (or deemed to be remarketed pursuant to Section 2.5(c) hereof) by the Remarketing Agent and for which the Bank has received immediately available funds equal to the principal amount thereof and accrued interest thereon in accordance with Section 3.1 hereof. Any adjustments to the Available Principal Commitment pursuant to clause (a), (b) or (c) above shall occur simultaneously with the occurrence of the events described in such clause.
Available Principal Commitment initially means DOLLARS ($ ) and thereafter means such amount automatically adjusted from time to time as follows: (a) downward by the amount of any reduction of the Available Principal Commitment pursuant to Section 2.03; (b) downward by the principal amount of any Bonds purchased by the Bank pursuant to Section 2.02; and (c) upward by the principal amount of any Bonds theretofore purchased by the Bank pursuant to Section 2.02 which are resold by a Credit Provider Bondowner pursuant to Section 2.04(b), or which cease to bear interest at the Liquidity Provider Interest Rate pursuant to Section 2.04(c); provided, that after giving effect to such adjustment the Available Principal Commitment shall never exceed DOLLARS ($ ). Any adjustments pursuant to clauses (a), (b) and (c) above shall occur simultaneously with the event requiring such adjustment.