Examples of Maximum Aggregate Loan Amount in a sentence
The principal amount of the Loan outstanding shall not exceed the Maximum Aggregate Loan Amount at any time.
In the event of any such proposed additional Loans to be made by any Lender, such additional Loans shall be made only as to additional Loans in an amount that will not cause all Loan Obligations to exceed the Maximum Aggregate Loan Amount, after giving effect to such additional Loans and any other such additional Loans and any joinders under Section 3.2 hereof to occur substantially contemporaneously therewith.
The Loan will be evidenced by a promissory note of the Borrower dated the Loan Date, maturing December 29, 2010 and otherwise in the form of Exhibit A hereto (the “Note”), payable to the Lender or its assigns, in an aggregate principal amount not to exceed the Maximum Aggregate Loan Amount.
To the extent that, at any time, as a result of a fluctuation in currency exchange rates or otherwise, the aggregate amount of all Letters of Credit denominated in Canadian Dollars issued by the L/C Issuer to the Borrowers equals or exceeds an amount in US Dollars equal to 105% of the Maximum Aggregate Loan Amount as determined by Administrative Agent in its sole discretion, absent manifest error, Administrative Agent shall provide written notice of same to the Representative.
If the unpaid principal amount of the Borrowers' Loans exceeds the Maximum Aggregate Loan Amount at any time, the Borrowers shall immediately make a prepayment of the Loans in an amount equal to the amount of such excess).