Maximum Credit definition

Maximum Credit means, at any time, (a) the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time minus (b) the aggregate amount of any Availability Reserve in effect at such time.
Maximum Credit means the amount of $25,000,000.
Maximum Credit means the amount of $110,000,000.

Examples of Maximum Credit in a sentence

  • The Maximum Credit Amount is the amount of tax credits the Company may earn during the Taxable Years between the First Eligible Taxable Year and the Eligibility Deadline.

  • Maximum Course Load Dual Enrollment: up to 11 credits per term Early Admission Dual Enrollment: 12-15 credits per term Career Dual Enrollment: up to 330 clock hours per term Career Early Admission: 330-480 clock hours per term Maximum Credit Hours Eligible secondary students are entitled to participate in dual enrollment for a maximum of 70 credit hours.

  • The Maximum Credit Amount is the amount of tax credits the Company may earn during the Taxable Years between the Commencement Date and the Investment Deadline.

  • If a Downtime Event or series of intermittent Downtime Events continues for longer than one (1) hour, GovQA will issue one (1) Credit for each additional hour of Downtime Events, up to the Maximum Credit.


More Definitions of Maximum Credit

Maximum Credit means the percentage listed below of the
Maximum Credit set forth in Section 1 of the Loan Agreement is hereby amended and restated to read as follows:
Maximum Credit means the amount of $12,000,000.
Maximum Credit means $75,000,000.
Maximum Credit means, at any time, the lesser of (i) the Maximum Revolver Amount in effect at such time and (ii) the Borrowing Base at such time.
Maximum Credit is set forth in Section 10.1(a) hereof.
Maximum Credit means the amount of $150,000,000.