Authorised Amount definition

Authorised Amount means the amount of United States Dollars (“U.S.$”) 5,250,000,000 or such other amount as may have been authorised pursuant to Clause 9 hereof;

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Authorised Amount means, at any time, the amount of U.S.$3,000,000,000 subject to any increase as may have been authorised pursuant to clause 15 (Increase in Authorised Amount) of the Programme Agreement;

Authorised Amount means, for purposes of this Agreement, in respect of Notes, Redeemable Certificates and Exercisable Certificates evidencing deposit liabilities under the Bank Act (Canada) outstanding at any time under the Programme pursuant to any offering document prepared in connection therewith, U.S.$40,000,000,000 (or its equivalent in any other currency as at the date of the issue of the relevant Notes or Certificates) aggregate principal amount (subject to any increase that becomes effective, in respect of Notes offered under an Offering Document, upon satisfaction of the requirements set out in Section 8);

Examples of Authorised Amount in a sentence

• For this purpose, the estate agent’s commission will constitute an Authorised Amount that may at the Bank’s sole discretion be paid by the Bank and debited to the Account as and when expended.

• The aggregate principal amount from time to time outstanding of the Securities will not exceed the Authorised Amount, and for the purposes of determining the Authorised Amount the provisions set out in clause 1.5 of the Dealer Agreement shall apply.

• Pursuant to Clause 18 (Increase in Authorised Amount) of the Dealer Agreement, we hereby request that the Authorised Amount of the Programme be increased from [currency] [amount] to [currency] [amount] with effect from [date] or such later date upon which the requirements of Clause 18.2 (Effectiveness) of the Dealer Agreement shall be fulfilled, subject always to the provisions of Clause 18.2 (Effectiveness) of the Dealer Agreement.

• The Notes will be issued in Series in an aggregate nominal amount from time to time outstanding not exceeding the Authorised Amount and for the purpose of determining such aggregate nominal amount clause 8 (Increase in Authorised Amount) of the Dealership Agreement shall apply.

• Unless we receive notice to the contrary from you no later than ten days after your receipt of this letter, you will (subject to our compliance with all matters contemplated in Clause 18.2 (Effectiveness) of the Dealer Agreement) be deemed to have consented to the increase in the Authorised Amount.

More Definitions of Authorised Amount

Authorised Amount shall have the meaning ascribed in the Dealership Agreement;

Authorised Amount means, at any time, the amount of $10,000,000,000 subject to any increase as may have been authorised pursuant to Clause 26 (Increase in Authorised Amount);

Authorised Amount means, at any time, the amount of EUR 5,000,000,000 subject to any increase as may have been authorised pursuant to Clause 14 (Increase in Authorised Amount);

Authorised Amount means the maximum amount a Bidder is authorised to spend at an

Authorised Amount shall have the meaning ascribed in the Dealership Agreement; "BANKING DAY" is to a day (other than Saturdays and Sundays) on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Fiscal Agent or, as the case may be, the Registrar is located;

Authorised Amount means, at any time:

Authorised Amount means the amount of U.S. $56,000,000,000 subject to any increase as may have been authorised pursuant to Clause 8 (Increase in Authorised Amount) hereof;