Treasury Obligation definition

Treasury Obligation means a note, bill or bond issued by the United States Treasury Department as a full faith and credit general obligation of the United States.
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Treasury Obligation means a note, ▇▇▇▇ or bond issued by the United States Treasury Department as a full faith and credit general obligation of the United States.
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Treasury Obligation. The meaning specified in Section 2.4(g).
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Examples of Treasury Obligation in a sentence

  • If the Depositor fails to replace any failed Treasury Obligation in accordance with Section 3.07, the Trustee shall distribute to all Unit Holders the cost to the Trust attributable to such Treasury Obligation not later than the next Quarterly Distribution Date and, to the extent funds are provided by the Depositor, will at such time distribute on behalf of the Depositor the sales charges attributable to such Treasury Obligation.

  • If less than all monies attributable to a failed Treasury Obligation have been applied by the Trustee to purchase Replacement Treasury Obligations, the Trustee shall distribute the remaining monies to Unit Holders not later than the next Quarterly Distribution Date.

  • To be eligible for inclusion in the Trust, the Replacement Securities which the Depositor selects must: (i) in the case of Treasury Obligations be substantially identical to every Treasury Obligation then in the Trust; and (ii) be purchased within twenty days after delivery of notice of the failed contract to the Trustee or to the Depositor, whichever occurs first.

  • Borrower agrees that the aforedescribed amount shall be based on amounts which a holder of a Treasury Obligation would receive under the foregoing circumstances, whether or not Bank actually invests the amount prepaid in any Treasury Obligation.

  • If no fund is designated, or the percentage does not equal 100%, contributions will be invested in Federated Treasury Obligation Fund, a money market fund.

  • The term “Adjusted Interest Rate” shall mean the greater of (x) the Initial Interest Rate plus four percent (4.0%); or (y) the Yield Rate on the then-current on-the-run 10-year U.S. Treasury Obligation (the “Specified U.S. Treasury Security”) plus four percent (4.0%).

  • In the absence of written direction from the City, moneys in the Escrow Account shall be invested in First American Treasury Obligation Fund, Class D money market fund.

  • Neither the Agent nor the Banks shall be obligated or required to have actually reinvested the prepaid amount of the Eurodollar Loan in any such Treasury Obligation as a condition precedent to Borrowers' being obligated to pay a prepayment fee as outlined above.

  • Escrow Agent will initially invest the Escrow Assets in the Financial Square Treasury Obligation Fund.

  • The term "Adjusted Interest Rate" shall mean the greater of (x) the Initial Interest Rate plus five percent (5.0%); or (y) the Yield Rate on the then-current on-the-run 10-year U.S. Treasury Obligation (the "Specified U.S. Treasury Security") plus five percent (5.0%).


More Definitions of Treasury Obligation

Treasury Obligation means a note, bill or bond issued by the United States Treasury Department as a full faith and credit general obligation of the United States. Maker agrees that the payment of Liquidated Cost as a premium in connection with any prepayment is reasonable to compensate Bank for lost income resulting from such prepayment because Maker is receiving the benefit of having the Contract Rate priced based on LIBOR. If any law, regulation, directive or treaty or any change therein or in the interpretation or application thereof shall make it unlawful for Bank to maintain the Advances evidenced by this Note or to claim or receive any amount otherwise payable under this Note, Bank shall so notify Maker. In the case of any such notice, Maker shall prepay the outstanding principal amount of this Note in full together with all accrued interest on such earlier date prior to the respective Due Dates as Bank may specify and on which Bank may lawfully receive such payment, if payment on such earlier date is reasonably required as a result of such impending illegality. If, after the date of this Note, the adoption of any applicable law, ordinance, regulation or rule (a "Governmental Rule"), any change in any applicable Governmental Rule, any change in the interpretation or administration of any applicable Governmental Rule by any person charged with the interpretation or administration thereof, or compliance by Bank with any request or directive (whether or not having the force of law) of any such person
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