Examples of Applicable Maximum Amount in a sentence
In the event that the aggregate amount of the Exchangeable Units requested to be sold or exchanged in an Aggregate Exchange Notice in any given Open Period is greater than the Applicable Maximum Amount for such Open Period, OCGH shall re-allocate the Exchangeable Units among the Exchanging LPs in its sole discretion, such that only the Applicable Maximum Amount of the Exchangeable Units may be sold or exchanged, and OCGH shall notify Brookfield of the result of such re-allocation.
All Revolving Advances and Letters of Credit otherwise available to Borrower pursuant to the lending formula(s) or sublimits, and subject to the Applicable Maximum Amount and other applicable limits hereunder shall be subject to the Agent's continuing right to establish and revise Availability Reserves.
No Letters of Credit shall be issued unless, on the date of the proposed issuance of any Letter of Credit, the Revolving Advances available to Borrower (subject to the Applicable Maximum Amount and Availability Reserves) are equal to 100% of the face amount of such Letters of Credit, adjusted for reserves for foreign exchange, if applicable.
Xxxxxxx Xxxxxx SCHEDULE I -------------------------------------------------------------- ---------------------------------------------- Covered Persons Applicable Maximum Amount* --------------- ------------------------- -------------------------------------------------------------- ---------------------------------------------- Mr. & Xxx.