Maximum Note Amount Sample Clauses

Maximum Note Amount. Each Lender severally agrees to make available to Borrower, at any time prior to the Availability Termination Date, such Lender’s Percentage Share of (i) a senior secured revolving loan (the “Revolving Loan”) not to exceed $80,000,000 (the “Revolving Loan Note Amount”), (ii) a senior secured term loan (the “Term Loan”) not to exceed $50,000,000 (the “Term Loan Note Amount”), and (iii) a senior secured bridge term loan (the “Bridge Loan”) not to exceed $20,000,000 (the “Bridge Loan Note Amount”) subject to the terms and conditions of this Agreement. Lenders do not intend to advance Borrower any amount in excess of the Note Amount. If, however, the obligations of Borrower under the Loan at any time exceed the Note Amount, all amounts owing by Borrower to Lenders under this Agreement will nevertheless constitute Obligations and will be entitled to the benefit of Administrative Agent’s Liens on the Collateral.
Sample 1
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Maximum Note Amount. Each Lender severally agrees to make available to Borrower, at any time prior to the Availability Termination Date, such Lender’s Percentage Share of (i) a senior secured revolving loan (the “Revolving Loan”) not to exceed $100,000,000 (the “Revolving Loan Note Amount”) and (ii) a senior secured term loan (the “Term Loan”) not to exceed $50,000,000 (the “Term Loan Note Amount”), subject to the terms and conditions of this Agreement. Lenders do not intend to advance Borrower any amount in excess of the Note Amount. If, however, the obligations of Borrower under the Loan at any time exceed the Note Amount, all amounts owing by Borrower to Lenders under this Agreement will nevertheless constitute Obligations and will be entitled to the benefit of Administrative Agent’s Liens on the Collateral.
Sample 1

Related to Maximum Note Amount

  • Loan Amount 5. ACCOUNT NAME(S) ............................................................................................................................................................................. BANK NAME / BRANCH ..................................................................................................................................................................

  • Maximum Amount In consideration of the services to be performed by Contractor, the State agrees to pay Contractor, in accordance with the payment provisions specified in Attachment B, a sum not to exceed $250,000.00.

  • Maximum Drawing Amount The maximum aggregate amount that the beneficiaries may at any time draw under outstanding Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Letters of Credit.

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this First Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this First Supplemental Indenture.

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • Amount of Purchase Price The purchase price (“Purchase Price”) per Share for each Share which Optionee is entitled to purchase under the Options shall be $2.25 per Share.

  • Maximum Interest Rate In no event shall any interest rate provided for hereunder exceed the maximum rate legally chargeable under applicable law with respect to loans of the Type provided for hereunder (the “Maximum Rate”). If, in any month, any interest rate, absent such limitation, would have exceeded the Maximum Rate, then the interest rate for that month shall be the Maximum Rate, and, if in future months, that interest rate would otherwise be less than the Maximum Rate, then that interest rate shall remain at the Maximum Rate until such time as the amount of interest paid hereunder equals the amount of interest which would have been paid if the same had not been limited by the Maximum Rate. In the event that, upon payment in full of the Obligations, the total amount of interest paid or accrued under the terms of this Agreement is less than the total amount of interest which would, but for this Section 3.3, have been paid or accrued if the interest rate otherwise set forth in this Agreement had at all times been in effect, then the Borrower shall, to the extent permitted by applicable law, pay the Agent, for the account of the applicable Lenders, an amount equal to the excess of (a) the lesser of (i) the amount of interest which would have been charged if the Maximum Rate had, at all times, been in effect or (ii) the amount of interest which would have accrued had the interest rate otherwise set forth in this Agreement, at all times, been in effect over (b) the amount of interest actually paid or accrued under this Agreement. If a court of competent jurisdiction determines that the Agent and/or any Lender has received interest and other charges hereunder in excess of the Maximum Rate, such excess shall be deemed received on account of, and shall automatically be applied to reduce, the Obligations other than interest, and if there are no Obligations outstanding, the Agent and/or such Lender shall refund to the Borrower such excess.

  • Maximum Amount Payable The maximum amount payable under this contract without modification is shown in Attachment E, Fee Schedule. Payment under this contract beyond the end of the current fiscal biennium is subject to availability of appropriated funds. If funds are not appropriated, this contract shall be terminated immediately with no liability to either party.

  • MAXIMUM OBLIGATION A. The Total Maximum Obligation of County for services provided in accordance with this Contract, and the separate Maximum Obligations for each period under this Contract, are as specified in the Referenced Contract Provisions of this Contract, except as allowed for in Subparagraph B. below. B. Administrator may amend the Maximum Obligation by an amount not to exceed ten percent (10%) of Period One funding for this Contract.

  • Maximum Advances In the case of any type of Advance requested to be made, after giving effect thereto, the aggregate amount of such type of Advance shall not exceed the maximum amount of such type of Advance permitted under this Agreement. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

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