U.S. Legal Tender definition
U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts.
U.S. Legal Tender means such coin or currency of the United States of America that at the time of payment shall be legal tender for the payment of public and private debts.
U.S. Legal Tender means money of the United States that is legal tender for payment of public and private debts.
Examples of U.S. Legal Tender in a sentence
The Company will pay the principal of and premium, if any, and interest on the Notes in U.S. Legal Tender.
The Trustee shall hold in trust the U.S. Legal Tender and U.S. Government Obligations deposited with it pursuant to this Article 8 and any principal, interest or other proceeds in respect of such U.S. Government Obligations.
The Trustee and the Paying Agent shall promptly deliver to the Company upon request any excess U.S. Legal Tender and U.S. Government Obligations and proceeds therefrom held by them at any time and thereupon shall be relieved from all liability with respect to such money, securities and proceeds.
More Definitions of U.S. Legal Tender
U.S. Legal Tender means such coin or currency of the United States of America that as at the time of payment shall be legal tender for the payment of public and private debts.
U.S. Legal Tender means such coin or currency of the United States of ----------------- America as at the time of payment shall be legal tender for the payment of public and private debts, and shall be in the form of immediately available funds.
U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for
U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts. EXHIBIT A [FORM OF FACE OF SECURITY] TOYOTA MOTOR CREDIT CORPORATION TMCC Demand Notes [For Principal Collections allocable to the Class A-1 Certificates](1) [For Principal Collections allocable to the Class A-2 Certificates] [For Principal Collections allocable to the Class A-3 Certificates] [For Principal Collections allocable to the Class B Certificates] [For Interest Collections] No. _________________________ Toyota Motor Credit Corporation, a California corporation (the "Company," which term includes any successor corporation under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to U.S. Bank National Association, in its capacity as trustee under the Securitization Trust Agreement dated as of September 1, 1997, or registered assigns, the principal sum of U.S. Dollars as shall be set forth on the Schedule attached hereto as of the date of Maturity, and to pay interest on the outstanding amount of principal, as set forth on the Schedule from time to time, from the date such principal amount is originally issued and outstanding (or from the most recent Interest Payment Date to which interest has been paid or duly provided for), on the Business Day next preceding the Certificate Payment Date (including a Targeted Maturity Date) next succeeding the date of investment (each an "Interest Payment Date"), at the then applicable Required Rate [as such rate shall be adjusted on each Calculation Date](2), to but excluding the date on which the principal hereof is paid or duly provided for. Interest on this Security will be computed on the basis of a 360-day year of twelve 30-day months. The interest so payable and punctually paid or duly provided for on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the date that is one day (whether or not a Business Day), next preceding such Interest Payment Date (each, a "Record Date"). Any such interest which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date shall forthwith cease to be payable to the Holder on such Record Date by virtue of having been such Holder, and may be paid to the Person in whose name this Security (or one or more Predecessor ...
U.S. Legal Tender means such coin or currency of the United States of America that at the time of payment shall be legal tender for the payment of public and private debts. “Voting Stock” of any Person as of any date means the Capital Stock of that Person that is at the time entitled to vote in the election of that Person’s Board of Directors. “Weighted Average Life to Maturity” means, when applied to any Debt at any date, the number of years obtained by dividing (1) the then outstanding aggregate principal amount of such Debt into (2) the total of the product obtained by multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required payment of principal, including payment at final maturity, in respect thereof; by (b) the number of years (calculated to the nearest one-twelfth) which shall elapse between such date and the making of such payment. “Wholly Owned Restricted Subsidiary” means any Restricted Subsidiary that is a Wholly Owned Subsidiary. “Wholly Owned Subsidiary” means a Subsidiary of any Person, all of the outstanding Capital Stock of which (other than any director’s qualifying shares or shares owned by foreign nationals to the extent mandated by applicable law) is owned by such Person or one or more Wholly Owned Subsidiaries of such Person. Section 1.02.
U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts. "Weighted Average Life to Maturity" means, when applied to any Indebtedness at any date, the number of years obtained by dividing (a) the then outstanding aggregate principal amount of such Indebtedness into (b) the sum of the total of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payment of principal, including payment at final maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) which will elapse between such date and the making of such payment. "Wholly Owned Restricted Subsidiary" of any Person means any Restricted Subsidiary of such Person of which all the outstanding voting securities (other than in the case of a foreign Restricted Subsidiary, directors' qualifying shares or an immaterial amount of shares required to be owned by other Persons pursuant to applicable law) are owned by such Person or any Wholly Owned Restricted Subsidiary of such Person.
U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts. EXHIBIT A THE TRUSTEE WILL NOT AUTHENTICATE OR DELIVER THIS SECURITY IN CONNECTION WITH ANY REGISTRATION OF TRANSFER TO ANY PERSON UNLESS THE TRUSTEE HAS RECEIVED A CERTIFICATION FROM THE TRANSFERRING HOLDER TO THE EFFECT THAT (i) IT IS NO LONGER THE SECURITIZATION TRUSTEE OF THE 1998-C SECURITIZATION TRUST AND THE PROPOSED TRANSFEREE IS ITS SUCCESSOR IN SUCH CAPACITY, OR (ii) A SWAP TERMINATION HAS OCCURRED AND SUCH PROPOSED TRANSFER IS MADE IN CONTEMPLATION OF A LIQUIDATION OF THE TRUST ASSETS. FORM OF FACE OF SECURITY TOYOTA MOTOR CREDIT CORPORATION TMCC Demand Notes (For amounts allocated as Class A-1 Notional Interest Accrual Amounts, Class A-1 Interest Carryover Shortfall Amounts, Class A-2 Notional Interest Accrual Amounts, Class A-2 Interest Carryover Shortfall Amounts, Class A-3 Notional Interest Accrual Amounts, Class A-3 Interest Carryover Shortfall Amounts, Class B Notional Interest Accrual Amounts, Adjustable Rate Class B Interest Carryover Shortfall Amounts, Class B Fixed Rate Interest Accrual Amounts and/or Fixed Rate Class B Interest Carryover Shortfall Amounts) (For amounts allocated to make applications in reduction of the Adjusted Class A-1 Certificate Balance) (For amounts allocated to make applications in reduction of the Adjusted Class A-2 Certificate Balance) (For amounts allocated to make applications in reduction of the Adjusted Class A-3 Certificate Balance) (For amounts allocated to make applications in reduction of the Adjusted Class B Certificate Balance) No. ------------------- Toyota Motor Credit Corporation, a California corporation (the "Company," which term includes any successor corporation under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to U.S. Bank National Association, in its capacity as 1998-C Securitization Trustee under the 1998-C Securitization Trust Agreement dated as of December 1, 1998, or registered assigns, the principal sum of U.S. Dollars as shall be set forth on the Schedule attached hereto as of the date of Maturity, and to pay interest on the outstanding