Maximum Dollar Amount definition

Maximum Dollar Amount has the meaning set forth in Section 2 of the Schedule.

Maximum Dollar Amount is $10,000,000.

Maximum Dollar Amount means the maximum par value of Bank Excess Stock that may be designated by the Bank to capitalize the total of all types of a single Member’s Mission Asset Activity.

Examples of Maximum Dollar Amount in a sentence

• If a Member reaches the Maximum Dollar Amount and desires to increase its Mission Asset Activity, the Member shall be required to purchase additional shares of Class B Stock, at the applicable Maximum Allocation Percentage for the specific type of Mission Asset Activity, to capitalize that type of incremental Mission Asset Activity.

• The Bank shall retain sole discretion to adjust the Maximum Dollar Amount from time to time.

• No Member may use more than One Hundred Million Dollars ($100,000,000) (exclusive of the par value of the Member’s Member Excess Stock Account) of available Bank Excess Stock as the Maximum Dollar Amount.

• Notwithstanding anything to the contrary contained herein, AOL shall not be liable for any charges and/or expenses under any Schedule for work in excess of the Maximum Dollar Amount specified on such Schedule.

• The FHLBank shall retain sole discretion to adjust the Maximum Dollar Amount from time to time.

More Definitions of Maximum Dollar Amount

Maximum Dollar Amount is $6,500,000.

Maximum Dollar Amount set forth in Section 13.1 of the Loan Agreement is hereby amended in its entirety to read as follows:

Maximum Dollar Amount is $5,000,000.

Maximum Dollar Amount means the maximum par value of FHLBank Excess Stock that may be designated by the FHLBank to capitalize the total of all types of a single Member’s Mission Asset Activity.

Maximum Dollar Amount is $7,000,000.”

Maximum Dollar Amount is $7,000,000; provided, however, at Borrower’s election (and provided no Default or Event of Default has occurred and is continuing), upon prior written notice to Bank by Borrower, Borrower may increase the Maximum Dollar Amount to $10,000,000.

Maximum Dollar Amount set forth in Section 13.1 of the Loan Agreement is hereby amended to read as follows: “ ‘Maximum Dollar Amount’ is $8,000,000.”