Total Exposure Limit Sample Clauses

Total Exposure Limit. (a) For all Parent Investments, but subject to Section 5.03(c), (i) Total Funded Exposure shall not, at any time, exceed $2,000,000,000, and (ii) the sum of (A) the Total Funded Exposure plus (B) the aggregate amount of all committed and unfunded obligations under the Tax Equity Transaction Documents for any Tax Equity Investment or the Pre-Existing Investment Transaction Documents (excluding unfunded PAYGO Capital Contributions and Deficit Restoration Obligations) shall not, at any time, exceed $2,700,000,000. (b) Without limiting the foregoing, with respect to any Tax Equity Transaction Documents entered into during the Term in relation to a Tax Equity Investment: (i) If (x) the Parent Investor is the only Tax Equity Investor for such Tax Equity Investment or (y) the Tax Equity Investment includes one or more Co-Investors (excluding any Co-Investor that is a Sponsor Investor or an Affiliate of a Sponsor Investor) providing, or committing to provide, in the aggregate less than fifty percent (50%) of the total capital contributions to be made by the Class A Members of the Tax Equity Partnership on the Tax Equity Funding Date, then both (A) the maximum amount the Parent Investor shall be required to contribute to the Tax Equity Partnership on the Tax Equity Funding Date under the applicable Tax Equity Transaction Documents will be $100,000,000, and (B) the aggregate amount of all Parent Investors funding obligations in relation to all such Tax Equity Investments shall not exceed $300,000,000 at any time; and (ii) If the Tax Equity Investment includes one or more Co-Investors (excluding any Co-Investor that is a Sponsor Investor or an Affiliate of a Sponsor Investor) providing, or committing to provide, in the aggregate at least fifty percent (50%) of the total capital contributions to be made by the Class A Members of the Tax Equity Partnership on the Tax Equity Funding Date (on the same terms and conditions, other than with respect to the amount of such Person’s funding obligations but including any terms and conditions under any separate Contract entered into by any Co-Investor and the Sponsor Investor, such as a side letter agreement, that apply to the Parent Investor pursuant to the Tax Equity Transaction Documents with respect to such Tax Equity Investment), then the maximum amount the Parent Investor shall be required to contribute to the applicable Tax Equity Partnership on the Tax Equity Funding Date under the applicable Tax Equity Transaction Docum...
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Related to Total Exposure Limit

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from July 25, 2016 through and including August 29, 2016, $10,000,000, (ii) as of any date of determination during the period from August 30, 2016 through and including October 17, 2016, $13,000,000, (iii) as of any date of determination during the period from October 18, 2016 through and including October 31, 2016, $17,500,000, and (iv) as of any date of determination during the period from November 1, 2016 through and including December 31, 2016, $20,000,000.

  • Maximum Credit Patheon's liability for Active Materials calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in Schedule D to a Product Agreement.

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

  • RDDS availability Refers to the ability of all the RDDS services for the TLD, to respond to queries from an Internet user with appropriate data from the relevant Registry System. If 51% or more of the RDDS testing probes see any of the RDDS services as unavailable during a given time, the RDDS will be considered unavailable.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • FUNDING AVAILABILITY This Contract is contingent upon the continued availability of funding. If funds become unavailable through the lack of appropriations, legislative or executive budget cuts, amendment of the Appropriations Act, state agency consolidation or any other disruptions of current appropriations, DFPS will reduce or terminate this Contract.

  • Minimum Consolidated Net Worth The Borrower will not permit its Consolidated Net Worth at any time to be less than the sum of (i) $250,000,000 plus (ii) thirty percent (30%) of the sum of the Consolidated Net Income of the Borrower (with any consolidated net loss during any fiscal quarter counting as zero) for each fiscal quarter of the Borrower commencing with the fiscal quarter of the Borrower ending June 30, 1997.

  • Minimum Current Ratio The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30, 2018), permit the Current Ratio to be less than 1.00 to 1.00.

  • Total Commitment The sum of the Commitments of the Banks, as in effect from time to time.

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