Facility Maximum definition

Facility Maximum means, subject to the availability of Acceptable Accounts and the exercise of WFBC’s discretion as provided herein, the Aggregate Facility Maximum less (a) the aggregate Outstanding Balance (as defined in the applicable Affiliate Account Purchase Agreement) of all Purchased Accounts (as defined in the applicable Affiliate Account Purchase Agreement) under the Affiliate Account Purchase Agreements, less (b) the sum of (i) the Outstanding Balance (as defined in the D & D Account Purchase Agreement) of all Purchased Accounts (as defined in the D & D Account Purchase Agreement) under the D & D Account Purchase Agreement and (ii) any other amounts owing by D & D Staffing, Corp. to WFBC under the D & D Account Purchase Agreement.
Facility Maximum means the lesser of (a) $175,000,000 or (b) the sum of the WFBC Commitment plus the Other Commitment.
Facility Maximum means, at any time, subject to the availability of Acceptable Accounts and the exercise of WFB’s discretion as provided herein, the Aggregate Facilities’ Maximum, less (a) the aggregate outstanding amount of Advances (as defined in the Affiliate Account Purchase Agreement) made under the Affiliate Account Purchase Agreement, less (b) the aggregate outstanding amount of Advances (as defined in the Subsidiary Account Purchase Agreement) made under the Subsidiary Account Purchase Agreement.”

Examples of Facility Maximum in a sentence

  • RELATED EXPENSE TO LOCAL AUTHORITIES 4.1. Stamp Duty 0.05 % of Credit Facility (Maximum THB 10,000.00) 5.

  • The Nursing Facility Maximum Daily Benefit is selected by You at the time of application and is described below.

  • On any Quarterly Payment Date (other than an Optional Redemption Date if and to the extent that on such date the Notes are redeemed in full) the Issuer will be entitled to make drawings under the Liquidity Facility (as defined in the Master Definitions Agreement) up to the Liquidity Facility Maximum Amount (as defined below).

  • The Residential Care Facility Maximum Daily Benefit is a multiple of the Nursing Facility Maximum Daily Benefit.

  • Imperative sentence is a sentence which aims to give orders to others to do something.


More Definitions of Facility Maximum

Facility Maximum means $5,000,000, subject to the availability of Acceptable Accounts and the exercise of WFBC’s discretion as provided herein.
Facility Maximum means $4,500,000.00 subject to the availability of Acceptable Accounts and the exercise of WFB's discretion as provided herein."
Facility Maximum means $3,000,000.00 subject to the availability of Acceptable Accounts and the exercise of WFBC’s discretion as provided herein.
Facility Maximum means as of any date, the lesser of (a) the Formula Amount; or (b) $20,000,000 (inclusive of amounts advanced under the Canadian Subfacility).
Facility Maximum means Fifty Million Dollars ($50,000,000), as such amount may from time to time be reduced pursuant to the provisions of Section 2(b) of this Agreement.
Facility Maximum means, subject to the availability of Acceptable Accounts, $10,000,000 less the aggregate Outstanding Balance (as defined in the applicable Affiliate Account Purchase Agreement) of all Purchased Accounts (as defined in the applicable Affiliate Account Purchase Agreement) under the Affiliate Account Purchase Agreements.
Facility Maximum means $18,000,000, subject to the availability of Acceptable Accounts and the exercise of WFBC’s discretion as provided herein.