Authorized Denomination Sample Clauses
The Authorized Denomination clause defines the specific units or amounts in which a financial instrument, such as a bond or note, may be issued, transferred, or held. Typically, this means that the instrument can only be bought, sold, or traded in set minimum amounts, such as multiples of $1,000 or €100,000. By establishing these denominations, the clause ensures uniformity in transactions and helps issuers manage the distribution and transfer of securities efficiently, reducing administrative complexity and potential confusion among investors.
Authorized Denomination. With respect to the Certificates (other than the Class 1-A-3, Class 1-A-8, Class 2-CB-5, Class C-X and Class R Certificates), an initial Certificate Principal Balance equal to $25,000 and multiples of $1 in excess thereof, except that one Certificate of each Class of the Junior Subordinate Certificates may be issued in an amount that is not an integral multiple of $1. With respect to the Class 1-A-3 and Class C-X Certificates, a Class Notional Amount as of the Cut-Off Date equal to $100,000 and multiples of $1 in excess thereof. With respect to the Class 1-A-8 and Class 2-CB-5 Certificates, an initial Certificate Principal Balance equal to $1,000 and multiples of $1 in excess thereof. With respect to the Class R Certificates, one Certificate with a Percentage Interest equal to 0.01% and one Certificate with a Percentage Interest equal to 99.99%.
Authorized Denomination. With respect to the Certificates (other ----------------------- than the Class I-A-2, Class I-A-4, Class I-A-7, Class I-A-8, Class I-A-9, Class I-A-15, Class I-A-16, Class I-A-17, Class I-A-18, Class I-A-20, Class I-A-21, Class I-A-23, Class I-A-26, Class X and Residual Certificates), an initial Certificate Principal Balance equal to $25,000 and integral multiples of $1 in excess thereof, except that one Certificate of each such Class may be issued in a different amount. With respect to the Class I-A-4, Class I-A-7, Class I-A-8, Class I-A-9, Class I-A-15, Class I-A-16, Class I-A-17, Class I-A-18, Class I-A-21 and Class I-A-26 Certificates, an initial Certificate Principal Balance equal to $1,000 and integral multiples of $1 in excess thereof. With respect to the Class X and Class I-A-2, Class I-A-20 and Class I-A-23 Certificates, a Class Notional Amount as of the Cut-Off Date equal to $100,000 and multiples of $1 in excess thereof. With respect to each Class of the Residual Certificates, one Certificate with a Percentage Interest equal to 0.01% and one Certificate with a Percentage Interest equal to 99.99%.
Authorized Denomination. With respect to the Certificates (other than the Class CB-2, Class CB-8, Class CB-9, Class CB-10, Class X and Class R Certificates), an initial Certificate Principal Balance equal to $25,000 and multiples of $1 in excess thereof, except that one Certificate of each Class of the Junior Subordinate Certificates may be issued in an amount that is not an integral multiple of $1. With respect to the Class CB-8, Class CB-9 and Class CB-10 Certificates, an initial Certificate Principal Balance equal to $1,000 and multiples of $1,000 in excess thereof. With respect to the Class CB-2 and Class X Certificates, a Class Notional Amount as of the Cut-Off Date equal to $100,000 and multiples of $1 in excess thereof. With respect to the Class R Certificates, one Certificate with a Percentage Interest equal to 0.01% and one Certificate with a Percentage Interest equal to 99.99%.
Authorized Denomination. With respect to the Certificates (other than the Class 2-A-5, Class 2-A-6, Class 4-A-3, Class 4-A-4, Class 5-A-7, Class 5-A-9, Class C-X, Class PPP and Class R Certificates), an initial Certificate Principal Balance equal to $25,000 and multiples of $1 in excess thereof, except that one Certificate of each Class of the Junior Subordinate Certificates may be issued in an amount that is not an integral multiple of $1. With respect to the Class 2-A-6, Class 4-A-3, Class 5-A-7 and Class C-X Certificates, a Class Notional Amount as of the Cut-Off Date equal to $100,000 and multiples of $1 in excess thereof. With respect to the Class 2-A-5, Class 4-A-4 and Class 5-A-9 Certificates, an initial Certificate Principal Balance equal to $1,000 and multiples of $1 in excess thereof. With respect to the Class R Certificates, one Certificate with a Percentage Interest equal to 0.01% and one Certificate with a Percentage Interest equal to 99.99%. The Class PPP Certificates will be issued in fully registered form in minimum denominations of 20% of the Percentage Interest therein and increments of 10% in excess thereof.
Authorized Denomination. The Notes shall be issued in denominations of $1,000 and integral multiples in excess thereof.
Authorized Denomination. The Registrar may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay any taxes and fees required by law or permitted by the Senior Indenture. The Registrar need not transfer or exchange any Senior Note selected for redemption, except the unredeemed part thereof if the Senior Note is redeemed in part, or transfer or exchange of any Senior Note for a period for 15 days before a selection of Senior Notes to be redeemed.
Authorized Denomination. With respect to the Certificates (other than the Class CB-2, Class CB-4, Class CB-6, Class CB-10, Class CB-14, Class CB-15, Class CB-16, Class 5-A-3, Class 5-A-6, Class 5-A-8, Class X and Class R Certificates), an initial Certificate Principal Balance equal to $25,000 and multiples of $1 in excess thereof, except that one Certificate of each Class of the Junior Subordinate Certificates may be issued in an amount that is not an integral multiple of $1. With respect to the Class CB-6 and Class CB-15 Certificates, an initial Certificate Principal Balance equal to $1,000 and multiples of $1,000 in excess thereof. With respect to the Class 5-A-8 Certificates, an initial Certificate Principal Balance equal to $1,000 and multiples of $1 in excess thereof. With respect to the Class CB-2, Class CB-4, Class CB-10, Class CB-14, Class CB-16, Class 5-A-3, Class 5-A-6 and Class X Certificates, an initial Certificate Principal Balance equal to $100,000 and multiples of $1 in excess thereof. With respect to the Class R Certificates, one Certificate with a Percentage Interest equal to 0.01% and one Certificate with a Percentage Interest equal to 99.99%.
Authorized Denomination. With respect to the Certificates (other than the Class 2-A-4, Class 2-A-9, Class 4-CB-4, Class 4-CB-5, Class C-X, Class PPP and Class R Certificates), an initial Certificate Principal Balance equal to $25,000 and multiples of $1 in excess thereof, except that one Certificate of each Class of the Junior Subordinate Certificates may be issued in an amount that is not an integral multiple of $1. With respect to the Class 2-A-4, Class 4-CB-4 and Class C-X Certificates, a Class Notional Amount as of the Cut-Off Date equal to $100,000 and multiples of $1 in excess thereof. With respect to the Class 2-A-9 and Class 4-CB-5 Certificates, an initial Certificate Principal Balance equal to $1,000 and multiples of $1 in excess thereof. With respect to the Class R Certificates, one Certificate with a Percentage Interest equal to 0.01% and one Certificate with a Percentage Interest equal to 99.99%. The Class PPP Certificates will be issued in fully registered form in minimum denominations of 20% of the Percentage Interest therein and increments of 10% in excess thereof.