Common use of Specified Denominations Clause in Contracts

Specified Denominations. [ ](1) (1) Notes (including Notes denominated in Sterling) in respect of which the issue proceeds are to be accepted by the issuer in the United Kingdom or whose issue otherwise constitutes a contravention of S 19 of FSMA and which have a maturity of less than one year must have a minimum redemption value of (pound)100,000 (or its equivalent in other currencies).

Appears in 1 contract

Sources: Agency Agreement (Toyota Motor Credit Corp)

Specified Denominations. [ ](1) (1) Notes (including Notes denominated in Sterling) in respect of which the issue proceeds are to be accepted by the issuer in the United Kingdom or whose issue otherwise constitutes a contravention of S 19 of FSMA and which have a maturity of less than one year must have a minimum redemption value of (pound)100,000 GBP 100,000 (or its equivalent in other currencies).

Appears in 1 contract

Sources: Agency Agreement (Toyota Motor Credit Corp)