Financial Warranty Amount Limit definition

Financial Warranty Amount Limit has the meaning provided in Section 2.1.
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Financial Warranty Amount Limit has the meaning provided in SECTION 2.1.
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Financial Warranty Amount Limit has the meaning provided in ---------------------------------- Section 2.1. -----------
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Examples of Financial Warranty Amount Limit in a sentence

  • Under no circumstances shall the Aggregate Protected Amount exceed the Financial Warranty Amount Limit.

  • Notwithstanding any new issuances of Shares permitted under this Agreement, it is acknowledged and agreed that under no circumstances shall the Warranty Provider be liable for the portion of any Aggregate Shortfall Amount or Accelerated Aggregate Shortfall Amount attributable to Shares issued in excess of the Financial Warranty Amount Limit.

  • The Warranty Provider agrees to issue the Financial Warranty, subject to the conditions set forth herein, on the Inception Date, in an amount not to exceed $500 million (the "Financial Warranty Amount Limit"), which amount may be adjusted pursuant to Section 2.2 and Section 2.3(c)(vii) hereof.

  • If, during the Offering Period, the Fund expects to receive subscriptions for its Shares which could result in the Aggregate Protected Amount as of the close of business on the Transition Date exceeding the Financial Warranty Amount Limit, then the Fund shall consult with the Warranty Provider.

  • Not later than three Business Days prior to the last day of the Offering Period, the Trust on behalf of the Fund shall deliver to the Warranty Provider a notice specifying the expected Inception Date and the projected amount of the Financial Warranty, which shall not exceed the Financial Warranty Amount Limit.

  • The Warranty Provider agrees to issue the Financial Warranty in the form of a letter of credit issued in accordance with Section 70A-5-102(a) of the Utah Uniform Commercial Code, subject to the conditions set forth herein, on the Inception Date, in an amount not to exceed $500 million (the "Financial Warranty Amount Limit"), which amount may be adjusted pursuant to Section 2.2 hereof.

  • Effective as of the date of the issuance of the Financial Warranty by the Warranty Provider in an amount equal to the Issued Financial Warranty Amount, the Financial Warranty Amount Limit available for the Protection Period shall be reduced to an amount equal to the Issued Financial Warranty Amount.

  • If the Warranty Provider agrees in writing to increase the Financial Warranty Amount Limit in its sole discretion, this Agreement will be amended accordingly.

  • BANA agrees to issue the BANA Financial Warranty, subject to the conditions set forth herein, on the Issuance Date, in an amount equal to the amount of the Xxxxxxx Xxxxx Financial Warranty (the "Issued BANA Financial Warranty Amount"), which shall not exceed $500 million (the "BANA Financial Warranty Amount Limit") if MPF is required to issue the Xxxxxxx Xxxxx Financial Warranty under the terms of the Xxxxxxx Xxxxx Financial Warranty Agreement.

  • Upon receipt of such notice and the fulfillment of the applicable conditions set forth in Section 2.3(b) hereof, the Warranty Provider will issue the Financial Warranty to the Fund in an amount equal to the Aggregate Protected Amount as of the close of business on the Transition Date up to a maximum amount equal to the Financial Warranty Amount Limit (the "Issued Financial Warranty Amount").


More Definitions of Financial Warranty Amount Limit

Financial Warranty Amount Limit means $1 billion in coverage of the Aggregate Protected Amount.
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Related to Financial Warranty Amount Limit

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Swap Receipt Amount Swap Termination Payment"

  • 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.

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Related Liability Amount with respect to any Related Liability on the books of the Assuming Institution, means the amount of such Related Liability as stated on the Accounting Records of the Assuming Institution (as maintained in accordance with generally accepted accounting principles) as of the date as of which the Related Liability Amount is being determined. With respect to a liability that relates to more than one asset, the amount of such Related Liability shall be allocated among such assets for the purpose of determining the Related Liability Amount with respect to any one of such assets. Such allocation shall be made by specific allocation, where determinable, and otherwise shall be pro rata based upon the dollar amount of such assets stated on the Accounting Records of the entity that owns such asset.

  • Obligor Concentration Limit At any time, in relation to the aggregate Unpaid Balance of Receivables owed by any single Obligor and its Affiliated obligors (if any):

  • Excess Concentration Amount means, on any date of determination, the sum of, without duplication,

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Unfunded Exposure Equity Amount On any date of determination, an amount equal to the sum, for each Loan, of (a) the Unfunded Exposure Amount for such Loan minus (b) the product of (i) the Unfunded Exposure Amount for such Loan, (ii) the Advance Rate for such Loan and (iii) the Assigned Value of such Loan.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Net Amount of Eligible Accounts means the gross amount of Eligible Accounts less (a) sales, excise or similar taxes included in the amount thereof and (b) returns, discounts, claims, credits and allowances of any nature at any time issued, owing, granted, outstanding, available or claimed with respect thereto.

  • Fitch Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • Required Spread Account Amount means, for the March 2012 Payment Date and the April 2012 Payment Date, zero, and for any Payment Date thereafter, the product of (i) the Spread Account Percentage in effect on such date and (ii) during (x) the Revolving Period, the Collateral Amount, and (y) during the Controlled Accumulation Period or the Early Amortization Period, the Collateral Amount as of the last day of the Revolving Period; provided that, prior to the occurrence of an Event of Default and acceleration of the Series 2012-1 Notes, the Required Spread Account Amount will never exceed the Class C Note Principal Balance (after taking into account any payments to be made on such Payment Date).

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • 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).]