Maximum Available Amount definition

Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

Maximum Available Amount means, at any time, the least of:

Maximum Available Amount means, in your case, the difference between:

Examples of Maximum Available Amount in a sentence

• If at any time the Aggregate Outstanding Amount exceeds the Maximum Available Amount, the Borrower shall immediately pay the Bank an amount equal to such excess.

• Lenders may, however, in their absolute discretion make such Revolving Loan Advances, but shall not be deemed by doing so to have increased the Maximum Available Amount and shall not be obligated to make any such Revolving Loan Advances thereafter.

• No Lender shall make any Advance or portion thereof if it would cause the aggregate outstanding principal amount of the Advances to exceed the Maximum Available Amount as then in effect.

• No Revolving Loan Advance will be made which would result in the Aggregate Revolving Loan exceeding the Maximum Available Amount and no Revolving Loan Advance will be made on or after the Revolving Loan Maturity Date.

• The Commitment and the Maximum Available Amount shall be subject to reduction as provided in Section 2.1(a).

More Definitions of Maximum Available Amount

Maximum Available Amount means, at any time, the lesser of:

Maximum Available Amount means, on any date of determination, without duplication, an amount equal to the least of:

Maximum Available Amount means at any time and from time to time, the Aggregate Commitment at such time.

Maximum Available Amount means, on any date and for any Relevant Financial Year, (i) the aggregate of 100% of the Group’s net results from continuing and discontinued operations (before minority interests) in respect of such Relevant Financial Year minus (ii) any Cash Dividend or Cash Dividends that has or have been declared, paid or made (as at such date) in respect of (or in respect of any part of) such Relevant Financial Year, provided that any Extraordinary Dividend and/or Deferred Dividend shall not be so deducted;

Maximum Available Amount means, subject to adjustment pursuant to Section 6.4(c), US$150,000,000.

Maximum Available Amount means, with respect to any Letter of Credit at any time, the maximum amount the beneficiary of such Letter of Credit may draw thereunder at such time, as such amount may be reduced from time to time pursuant to the terms of such Letter of Credit.

Maximum Available Amount shall have the meaning given to that term in Clause 2.1(a).