Common use of Specified Denominations Clause in Contracts

Specified Denominations. [ ] (3) [ ] (If the specified denomination is expressed to be €50,000 or its equivalent and multiples of a lower nominal amount (e.g. €1,000) insert the following sample wording: “€50,000 and integral multiples of [€1,000] in excess thereof up to and including [€99,000]. No Notes in definitive form will be issued with a denomination above [€99,000].”) N.B. Notes with “€50,000 + €1,000” denominations cannot be issued by TMCC.

Appears in 2 contracts

Sources: Agency Agreement (Toyota Motor Credit Corp), Agency Agreement (Toyota Motor Credit Corp)