Examples of Capital Availability Amount in a sentence
Upon execution of this Agreement by each Company and Laurus, the Companies shall jointly and severally pay to Laurus Capital Management, LLC a closing payment in an amount equal to three and nine-tenths percent (3.90%) of the Capital Availability Amount.
Upon execution of this Agreement by each Company and Laurus, the Companies shall jointly and severally pay to Laurus Capital Management, LLC a closing payment in an amount equal to three and six-tenths percent (3.60%) of the Capital Availability Amount.
On each anniversary of the Closing Date, Company shall pay to Laurus Capital Management, LLC an annual payment equal to one quarter percent (.25%) of the Capital Availability Amount.
Upon execution of this Agreement by Company and Laurus, Company shall pay to Laurus Capital Management, LLC a closing payment in an amount equal to three and one half percent (3.5%) of the Capital Availability Amount.
If, for any month, the average outstanding Loans (the "Average Loan Amount") do not equal the Capital Availability Amount, Company shall pay to Laurus at the end of such month a payment (calculated on a per annum basis) in an amount equal to one half percent (0.5%) of the amount by which the Capital Availability Amount exceeds the Average Loan Amount.