Examples of Qualifying Amount in a sentence
However, for purposes of determining compliance with this Section 7.08 as of any date, the Qualifying Amount of Pledged Notes and Convertibles, and the Qualifying Amount of Subordinated Securities, shall be excluded from Consolidated Total Indebtedness and shall be added to Consolidated Net Worth.
In the event, the principal balance is reduced below the Minimum Qualifying Amount, five hundred dollars ($500) for a non-promotional regular certificate, the certificate will be closed, and the funds transferred to another savings account owned by the member.
Notice for alternate disposition must be received by the credit union within six (6) days following the maturity date or if the Principal Amount is under the Minimum Qualifying Amount of one thousand dollars ($1,000).
In the event the principal balance is reduced below the Minimum Qualifying Amount, five hundred dollars ($500) for a non-promotional regular certificate, the certificate will be closed, and the funds transferred to another savings account owned by the member.
The Minimum Qualifying Amount to open a Flex Certificate is one thousand dollars ($1,000).