Financing Amount Sample Clauses
The Financing Amount clause defines the total sum of money that a lender agrees to provide to a borrower under a financing agreement. This clause typically specifies the maximum principal amount available, and may outline whether the funds are disbursed in a lump sum or in installments, as well as any conditions for accessing the funds. Its core practical function is to establish clear financial boundaries for both parties, ensuring mutual understanding of the funding limits and preventing disputes over the amount to be provided.
Financing Amount. The Company shall receive at Closing the Financing Amount.
Financing Amount. The Closing of the purchase of Securities by each Investor shall occur substantially concurrently and the Company shall have received the Financing Amount at Closing.
Financing Amount. The aggregate face amount of the Draft relating to the purchase of goods identified in each Request for Acceptance will not exceed the Cost of such goods. No financing, acceptance or otherwise, other than that provided under this Agreement has been or will be outstanding for such goods; and no Acceptance created hereunder shall finance the goods financed by an Acceptance created as part of another Acceptance hereunder or by a Revolving Loan hereunder.
Financing Amount. The amount of the Financing shall be One Million Four Hundred Thousand and No/100 Dollars ($1,400,000.00) (the “Financing Amount”), which Lender shall wire transfer to Borrower in accordance with Sections 5 and 18, subject to the satisfaction of all conditions to Lender’s obligations to fund such amount contained in the Financing Documents.
Financing Amount. The Owner intends to request the issuance of the PID Bonds subject to the condition that the maximum cost of Authorized Improvements to be funded plus issuance and other financing costs shall not exceed $41,000,000. The amount may increase up to $60,000,000 with City Council approval due to cost increases in the Authorized Improvements.
Financing Amount. 27.1 Initial Maximum Financing Amount The Maximum Financing Amount shall be EUR 230,000,000 (two hundred thirty million Euros) at the effective date of the Agreement. After that date, the Maximum Financing Amount may be reduced according to the conditions set out in Clause 27.2.
Financing Amount. The Company shall receive at Closing at least 80% of the Financing Amount (the “Required Financing Amount”); provided that if the Company receives at Closing less than 100% of the Financing Amount, then each Purchaser participating in the Closing may elect to reduce the number of Shares it is purchasing (“Ownership Reduction Election”) so that such Purchaser’s percentage ownership of the Company’s outstanding capital stock immediately following the Closing and the consummation of the Merger (“Post-Closing Ownership”) is equal to the Post-Closing Ownership such Purchaser would have held had the Company received 100% of the Financing Amount at the Closing. For the avoidance of doubt, the Ownership Reduction Elections shall not be taken into account when determining whether the Required Financing Amount has been received for purposes of this Section 5.14.
Financing Amount. The Senior Financing shall be evidenced by one or more Senior Notes which in the aggregate shall amount to Two Hundred Thousand and No/100 Dollars ($200,000.00) (the “Financing Amount”). Buyers shall deliver the Financing Amount to Borrower in accordance with Sections 5 and 18, subject to the satisfaction of all conditions to obligations of the several Buyers to fund the amount contained in the Financing Documents.
Financing Amount. The amount of the Financing shall be One Million Five Hundred Thousand and No/100 Dollars ($1,500,000.00) (the "Financing Amount"), paid in tranches as follows:
a. First Tranche. $150,000 on the Closing to be used to acquire and put into service 25 micro-markets ("First Tranche").
Financing Amount. The Company shall receive at Closing at least 80% of the Financing Amount, subject to any Ownership Reduction Elections set out in section 5.14.