Maximum Account Sample Clauses

The Maximum Account clause sets a cap on the total amount of liability or exposure that one party may have under an agreement. In practice, this means that regardless of the number or size of claims made, the responsible party's financial obligation cannot exceed a specified maximum amount, such as a fixed dollar value or a percentage of contract value. This clause is essential for managing risk, as it provides certainty and limits potential losses, ensuring that parties are not exposed to unlimited or unpredictable liabilities.
Maximum Account. E@W shall use good faith efforts to limit marketing of the Accounts so that the maximum aggregate principal amount of Accounts outstanding under the Program (on a fully-advanced basis) during the calendar years 2015 and 2016 does not exceed [****] and [****], respectively, without the prior written consent of RB.
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Maximum Account. The total amount of Advances outstanding shall not exceed the sum of Five Million Dollars ($5,000,000.00), except PURCHASER may purchase additional Accounts from or advance additional sums to CLIENT as PURCHASER may elect from time to time at PURCHASER’S sole discretion.
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Maximum Account. The outstanding amount of CLIENT's account with ACTION (that is, at any time, the unpaid and owing principal amount of advance made by ACTION to CLIENT) shall not exceed Five Million U.S. Dollars ($5,000,000.00).
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Maximum Account. The outstanding amount of Client’s account with PBCC (i.e, Accounts purchased by PBCC from Client and not yet paid by customer) shall not exceed the sum of $3,000,000 unless otherwise agreed by the parties in writing.
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Maximum Account. The outstanding amount in SELLER's Accounts with PFC (that is, Accounts Purchased by PFC from SELLER and not yet paid by Customer) shall not exceed the sum of $500,000.00. SELLER acknowledges that this stated amount is intended as a guideline only, and it does not obligate PFC to purchase Accounts in an aggregate sum equivalent to said stated Maximum Account.
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Maximum Account. The outstanding amount in CLIENT’S account with PURCHASER (that is, Accounts purchased by PURCHASER from CLIENT and not yet paid by Customer) shall not exceed the sum of One Million Five Hundred Thousand and No/100 Dollars ($1,500,000.00), except PURCHASER may purchase additional Accounts from or advance additional sums to CLIENT as PURCHASER may from time to time at PURCHASER’S sole discretion determine.
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Maximum Account. The outstanding amount in CLIENT'S account with PURCHASER (that is, amounts advanced by PURCHASER to CLIENT) shall not exceed the amount of One Million Dollars ($500,000.00) during the term of this Agreement.
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Maximum Account. The outstanding amount of CLIENT’s account with ACTION (that is, at any time, the unpaid and owing principal amount of advances made by ACTION to CLIENT) shall not exceed $3,000,000.00.
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Related to Maximum Account

  • Maximum Accrual Vacation credit may be accumulated to a maximum that can be earned in four (4) years. Further accumulation will not continue when the maximum is reached. When an employee’s vacation reaches the maximum level, and if the employee has been denied vacation during the twelve (12) months, the employee will be paid for the time denied but no more than eighty (80) hours in a pay period. 80 hours 320 hours 120 hours 480 hours 160 hours 640 hours 180 hours 720 hours 200 hours 800 hours 240 hours 960 hours

  • Interest Bearing Account If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

  • Cash Account Except as otherwise provided in Instructions acceptable to Bank, all cash held in the Cash Account shall be deposited during the period it is credited to the Account in one or more deposit accounts at Bank or at Bank's London Branch. Any cash so deposited with Bank's London Branch shall be payable exclusively by Bank's London Branch in the applicable currency, subject to compliance with any Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency.

  • Deferral Account Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • Account Balance The Servicer must never allow any Custodial T&I Account to become overdrawn as to any individual related Borrower. If there are insufficient funds in the account, the Servicer must advance its own funds to cure the overdraft.