Authorized Denomination definition

Authorized Denomination means, with respect to a Note, a principal amount thereof equal to $1,000 or any integral multiple of $1,000 in excess thereof.
Authorized Denomination means $5,000 or any integral multiples thereof.
Authorized Denomination. With respect to each Class of Certificates (other than the 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 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%.

Examples of Authorized Denomination in a sentence

  • Whenever any Series 2014 Bond or Series 2014 Bonds shall be so surrendered for transfer, the Community Facilities District shall execute and the Trustee shall authenticate and shall deliver a new Series 2014 Bond or Series 2014 Bonds of the same maturity in a like aggregate principal amount, in any Authorized Denomination.

  • Whenever any Bond or Bonds shall be so surrendered for transfer, the Community Facilities District shall execute and the Trustee shall authenticate and shall deliver a new Bond or Bonds of the same Series and maturity in a like aggregate principal amount, in any Authorized Denomination.


More Definitions of Authorized Denomination

Authorized Denomination means, with respect to a Note, a minimum principal amount thereof equal to $1,000 and principal amount denominations of any integral multiple of $1,000 in excess thereof.
Authorized Denomination means, except as provided in any Supplemental Indenture relating to a Series of Bonds, mean the denomination of $100,000 or any larger amount that is an integral multiple of $5,000.
Authorized Denomination. The minimum denomination in which a Certificate may be issued, or any multiple thereof, as specified in the related Supplement.
Authorized Denomination means $5,000 or any integral multiple thereof.
Authorized Denomination. With respect to Certificates, an aggregate stated and/or notional principal amount of $1,000, as applicable.
Authorized Denomination has the meaning specified in Section 2.02.
Authorized Denomination means $5,000 and any integral multiple thereof.