Common use of Security and Collateral Clause in Contracts

Security and Collateral. (a) National Rural shall cause the Allowable Amount of the Pledged Collateral (as such terms are defined in the Pledge Agreement) to be at all times not less than 100% of the aggregate outstanding principal amount of the Notes.

Appears in 9 contracts

Samples: Note Purchase Agreement (Federal Agricultural Mortgage Corp), Note Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Note Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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Security and Collateral. (a) National Rural shall cause the Allowable Amount of the Pledged Collateral (as such terms are defined in the Pledge Agreement) to be at all times not less than 100% of the aggregate outstanding principal amount of the NotesNotes outstanding under this Agreement.

Appears in 2 contracts

Samples: Master Note Purchase Agreement (Federal Agricultural Mortgage Corp), Master Note Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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Security and Collateral. (al) National Rural shall cause the Allowable Amount of the Pledged Collateral (as such terms are defined in the Pledge Agreement) to be at all times not less than 100% of the aggregate outstanding principal amount of the NotesNotes outstanding under this Agreement.

Appears in 1 contract

Samples: Master Note Purchase Agreement (Federal Agricultural Mortgage Corp)

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