Aggregate Investment Cap definition
Aggregate Investment Cap means [*], reduced by [*] if there is a Net New Unit Shortfall for 2023 and reduced by [*] if there is a Net New Unit Shortfall for 2024 (it being understood that if there is a Net New Unit Shortfall for both 2023 and 2024, the aggregate reduction to the Aggregate Investment Cap shall be [*]).
Aggregate Investment Cap means, for any time of determination: (a) Two Million Dollars ($2,000,000) if, at such time, the Net Cash Amount is less than Fifteen Million Dollars ($15,000,000); or (b) Five Million Dollars ($5,000,000) if, at such time, the Net Cash Amount is equal to or greater than Fifteen Million Dollars ($15,000,000). In respect of any proposed Investment, the Aggregate Investment Cap shall be determined based on the Net Cash Amount calculated after giving effect to the consummation and funding of such Investment. For the sake of clarity, the parties acknowledge and agree that such amounts are not incremental and that each Investment in Carbonite China during the term hereof shall count against the Aggregate Investment Cap and all subsequent calculations of the Aggregate Investment Cap, regardless of whether the Aggregate Investment Cap then in effect is $2,000,000 or $5,000,000.
Aggregate Investment Cap means, for any time of determination: (a) Two Million Dollars ($2,000,000) if, at such time, the Net Cash Amount is less than Fifteen Million Dollars ($15,000,000); or (b) Five Million Dollars ($5,000,000) if, at such time, the Net Cash Amount is equal to or greater than Fifteen Million Dollars ($15,000,000). In respect of any proposed Investment, the Aggregate Investment Cap shall be determined based on the Net Cash Amount calculated after giving effect to the consummation and funding of such Investment. For the sake of clarity, the parties acknowledge and agree that such amounts are not incremental and that each Investment in Carbonite China during the term hereof shall count against the Aggregate Investment Cap and all subsequent calculations of the Aggregate Investment Cap, regardless of whether the Aggregate Investment Cap then in effect is $2,000,000 or $5,000,000. “Applicable Bookings” means, for any period of determination, the sum (without duplication) of (a) Borrower’s aggregate net cash receipts during such period from credit card sales for Subscription Contracts during such period, plus (b) the aggregate amount of Eligible Accounts invoiced during such period in the ordinary course of Borrower’s business. “Aggregate Consideration” means, in respect of any Acquisition Transaction, the aggregate consideration paid or agreed to be paid by Borrower or any of its Subsidiaries in connection with such Acquisition Transaction, including (i) any Indebtedness of the types described in clauses (a), (b) and (c) of the definition of “Indebtedness” assumed or 1 [May 11, 2011]