Maximum Funding Amount definition
Examples of Maximum Funding Amount in a sentence
Any proposed material change that would increase the Maximum Funding Amount requires an amendment of this Agreement.
Municipality acknowledges that the Maximum Funding Amount set forth below is the maximum amount payable by County and constitutes a limitation upon County’s obligation to provide funding to Municipality for the Project.
Each Lender further agrees that it shall not assign, or grant any participations in, any of its Advances or its Individual Lender Maximum Funding Amount to any Person unless such Person is a Qualified Purchaser and a QIB.
Any amended Funding Schedule or other amendment that would cause County’s total funding obligations under this Agreement to exceed the Maximum Funding Amount shall not be effective unless approved by the Board.
Any material change that increases the Maximum Funding Amount must be approved by the Board.