Base Security Amount definition

Base Security Amount means $________________.
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Base Security Amount means $4.356 million, which is the product of $60 per kilowatt (kWAC) and the Facility’s anticipated nameplate Capacity, or 72.6 megawatts (MWAC), as measured in kilowatts (kWAC).
Sample 1

Examples of Base Security Amount in a sentence

  • Notwithstanding the foregoing, in accordance with Section 5.2, in the event of a termination by T&D prior to the Commercial Operations Date due to a Seller Event of Default under the Agreement, Seller’s liability shall be no more than the amount of the Base Security Amount.

Related to Base Security Amount

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Maturity Amount means the amount due at maturity with respect to a Capital Appreciation Bond.

  • Maximum Revolver Amount means $100,000,000, decreased by the amount of reductions in the Revolver Commitments made in accordance with Section 2.4(c) of the Agreement.

  • Maximum Advance Rate means 80.0%.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time and (b) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]