Maximum Equipment Loan Amount definition

Maximum Equipment Loan Amount means $10,000,000 less repayments of the Equipment Loans.

Maximum Equipment Loan Amount means $3,000,000.

Maximum Equipment Loan Amount means $750,000.

Examples of Maximum Equipment Loan Amount in a sentence

• All such Equipment Loans shall be in such amounts as are requested by Borrowing Agent, but in no event shall any Equipment Loan exceed eighty percent (80%) of the Net Invoice Cost of the equipment being purchased by Borrowers and the total amount of all Equipment Loans advanced shall not exceed, in the aggregate, the Maximum Equipment Loan Amount.

• All such Equipment Loans shall be in such amounts as are requested by Borrowing Agent, in an amount up to, at Agent’s sole discretion, 90% of the net invoice cost (excluding taxes, shipping, delivery, handling, installation, overhead and other so called “soft” costs) of the Equipment then to be purchased by Borrowers and the total amount of all Equipment Loans advanced hereunder shall not exceed, in the aggregate, the Maximum Equipment Loan Amount.

• The aggregate outstanding Equipment Loan Advances may be up to the Maximum Equipment Loan Amount.

• All such Equipment Loans shall be in such amounts as are requested by Borrowing Agent, but in no event shall any Equipment Loan exceed eight five (85%) percent for new equipment and eighty (80%) percent for used equipment of the Net Invoice Cost of the equipment being purchased by Borrowers and the total amount of all Equipment Loans advanced hereunder shall not exceed, in the aggregate, the Maximum Equipment Loan Amount.

• All such Equipment Loans shall be in such amounts as are requested by Borrowing Agent, but in no event shall any Equipment Loan exceed eighty percent (80%) of the Net Invoice Cost of the equipment being purchased by Borrowers and the total amount of all Equipment Loans advanced hereunder shall not exceed, in the aggregate, the Maximum Equipment Loan Amount.

More Definitions of Maximum Equipment Loan Amount

Maximum Equipment Loan Amount means $1,500,000.

Maximum Equipment Loan Amount means Ten Million and No/100 Dollars ($10,000,000).

Maximum Equipment Loan Amount set forth in Section 1.2 are deleted in their entirety and all provisions relating to the Equipment Loan, including, without limitation, Section 2.4(b) are deleted in their entirety.

Maximum Equipment Loan Amount means $5,000,000 less repayments of the Equipment Loans.

Maximum Equipment Loan Amount has the meaning specified in clause (a) of the definition of Maximum Fixed Assets Loan Amount.

Maximum Equipment Loan Amount means (x) from the Closing Date to the Commitment Date, $2,000,000 and (y) on the Commitment Date and thereafter, $4,000,000.

Maximum Equipment Loan Amount means $1,500,000 less the aggregate outstanding principal amount of all Equipment Loans, whether or not such have been converted to Converted Equipment Loans.