Maximum Availability Amount definition

Maximum Availability Amount means an amount at any time equal to the sum of (a) $25,000,000 plus (b) 12.5% of the aggregate increases of the Domestic Revolving Commitment effected as of such time pursuant to Section 2.09(d).
Sample 1
Maximum Availability Amount means $ 15,000,000.
Sample 1
Maximum Availability Amount means, as of any date of determination, the maximum amount of the aggregate of all outstanding and requested Advances and all outstanding and requested Letters of Credit (collectively, the "AGGREGATE ADVANCES") which would not cause (x) the Loan to Value Ratio to exceed 0.65 to 1; provided, however, if the Minimum Pool Conditions are not then satisfied, the Aggregate Advances shall not cause the Loan to Value Ratio to exceed 0.5 to 1, or (y) the Imputed Debt Service Coverage Ratio for the Mortgaged Properties to exceed 1.40 to 1; provided, however, if the Minimum Pool Conditions are not then satisfied, the Aggregate Advances shall not cause the Imputed Debt Service Coverage Ratio to exceed 1.65 to 1.
Sample 1Sample 2

Examples of Maximum Availability Amount in a sentence

  • Permit the aggregate principal amount of all outstanding Advances at any time to exceed the lesser of (i) the Commitment, and (ii) the Maximum Availability Amount at such time.

  • The unused portion of the Maximum Availability Amount, for purposes of this calculation, shall equal the difference between (a) the Maximum Availability Amount and (b) the average for the period of the daily closing balance of the Advances outstanding.

  • Curative approach is still absent formultiple myeloma, particularly for refractory patients who are resistant to current treatments.Treatment:Chemotherapy and other drug (i.e. Revlimid), radiation, surgery, stem cell transplantCX-5461 rationale:CX-5461 can drastically reduce the titer of M protein biomarker in patients resistant to Revlimid.

  • The sum of (a) $20,000,000.00, minus (b) the greater of (i) an amount equal to one hundred percent (100%) of the aggregate Net Sales Proceeds from Tier II Properties after May 11, 2017, (ii) an amount equal to $5,000,000.00 on November 11, 2017, (iii) an amount equal to $10,000,000.00 on May 11, 2018, and (iv) an amount equal to $15,000,000 on November 11, 2018; and provided further that the Tier II Maximum Availability Amount shall reduce to zero dollars ($0.00), if not sooner, on May 11, 2019.

  • The Borrower shall have delivered to the Administrative Agent, each Letter of Credit Issuer, and each Lender a Notice of Maximum Availability Amount Election.


More Definitions of Maximum Availability Amount

Maximum Availability Amount means, as of any date of determination, the least of:
Sample 1Sample 2
Maximum Availability Amount means, as of any date of determination, the sum of:
Sample 1Sample 2
Maximum Availability Amount means $500,000.
Sample 1Sample 2
Maximum Availability Amount is Twenty Million Dollars ($20,000,000.00).”
Sample 1Sample 2
Maximum Availability Amount is Ten Million Dollars ($10,000,000.00).
Sample 1Sample 2
Maximum Availability Amount means, as of any date of determination, an amount initially equal to $350,000,000, subject to increase or decrease pursuant to Section 2.04(a) or 2.05 of this Agreement.
Sample 1
Maximum Availability Amount is (a) prior to the occurrence of the EBITDA Event, One Million Five Hundred Thousand Dollars ($1,500,000.00) and (b) upon and following the occurrence of the EBITDA Event, Two Million Dollars ($2,000,000.00).
Sample 1