Common use of Maximum Program Amount Clause in Contracts

Maximum Program Amount. The Company will promptly notify the Sales Agents, the Forward Sellers and the Forward Purchasers in writing when the Maximum Program Amount has been sold pursuant to this Agreement. Prior to receipt of such written notice, the Sales Agents, the Forward Sellers and the Forward Purchasers shall be entitled to assume for all purposes under the Agreement that the Maximum Program Amount has not been sold pursuant to this Agreement. Monitoring the status of the Maximum Program Amount shall be the Company’s sole responsibility.

Maximum Program Amount. The Company will promptly notify Sales Agent, the Alternative Sales Agents, the Forward Sellers Seller and the Forward Purchasers Purchaser in writing when the Maximum Program Amount has been sold pursuant to this Agreementthe Sales Agency Agreements. Prior to receipt of such written notice, the each of Sales AgentsAgent, the Forward Sellers Seller and the Forward Purchasers Purchaser shall be entitled to assume for all purposes under the Agreement that the Maximum Program Amount has not been sold pursuant to this Agreementthe Sales Agency Agreements. Monitoring the status of the Maximum Program Amount shall be the Company’s sole responsibility.

Maximum Program Amount. The Company will promptly notify Sales Agent, the Alternative Sales Agents, the Forward Sellers Seller and the Forward Purchasers Purchaser in writing when the Maximum Program Amount has been sold pursuant to this Agreementthe Sales Agency Agreements. Prior to receipt of such written notice, the each of Sales AgentsAgent, the Forward Sellers Seller and the Forward Purchasers Purchaser shall be entitled to assume for all purposes under the Agreement that the Maximum Program Amount has not been sold pursuant to this Agreement. Monitoring the status of the Maximum Program Amount shall be the Company’s sole responsibilitySales Agency Agreements.