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

• Additionally, promptly, but no later than two (2) Business Days, after the Collateral Manager acquires knowledge or receives notice from the Administrative Agent or a Lender of the occurrence of a Currency Valuation Trigger Event, the Collateral Manager shall determine the Maximum Available Amount, the Dollar Equivalent of the aggregate outstanding principal balance of the Advances and the Revolving Exposure.

• The Collateral Agent shall re-calculate pursuant to the preceding sentence: (i) Aggregate Net Collateral Balance, (ii) Borrowing Base, (iii) Excess Concentration Amount, (iv) Maximum Available Amount, (v) each Coverage Test, (vi) the Collateral Quality Test, (viii) completion of Priority of Payments pursuant to Section 9.01(a), (ix) balances for each of the Covered Accounts and (x) such other calculations as may be mutually agreed upon by the Collateral Agent, the Servicer and the Administrative Agent.

More Definitions of Maximum Available Amount

Maximum Available Amount means, at any date, an amount equal to the lesser of (a) the aggregate Revolving Credit Commitments as of such date, and (b) the Borrowing Base as of such date.

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

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 means the maximum aggregate principal balance of the Notes which may be outstanding without resulting in a breach of the requirements set forth in either subsection (a) or (d) of Section 5.1.

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

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

Maximum Available Amount means, as of any date of determination, the amount that may be drawn under the Letters of Credit (whether or not the beneficiary thereof shall have presented, or shall be entitled at such time to present, the drafts or other documents required to draw under the Letters of Credit).