Maximum Lease Amount definition

Maximum Lease Amount means 51,057 xxxx ounces of Platinum and 3,308 xxxx ounces of Rhodium.
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Maximum Lease Amount means $[_________].00.
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Maximum Lease Amount means $3,200,000.00.
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Examples of Maximum Lease Amount in a sentence

  • Lessor and Lessee agree, so long as no Default exists and is then continuing or would result therefrom, to enter into Leases from time to time whereby Lessor shall make available to Lessee under each Lease the Metal Amount contained in one Unit for use at Lessee’s Facilities, provided that the total Metal Amounts in all outstanding Leases shall not exceed the Maximum Lease Amount.

  • The amount of the Letter of Credit may be reduced by Tenant from 5% of the Maximum Lease Amount to 2.5% of the Maximum Lease Amount after all of the following conditions have been met: [i] the Earnout Conditions have been satisfied; and [ii] no Event of Default has occurred and is continuing under this Lease.

  • Subject to the terms and upon the conditions set forth in the Lease Documents, Landlord shall make Lease Advances up to the Maximum Lease Amount.

  • The final Lease Advance made on the Conversion Date shall not exceed the lesser of [i] the balance of the amount due under the Construction Documents plus all other Facility Costs; or [ii] the undisbursed balance of the Maximum Lease Amount.

  • Subject to the terms and upon the conditions set forth in this Lease and the Construction Agreement, Landlord shall disburse Lease Advances to Developer to pay for the development and construction costs of the Facility up to the Maximum Lease Amount.

  • Prior to the fourth anniversary of the Effective Date, Landlord shall, at Guarantor's request, make a Lease Advance to Tenant in an amount not to exceed ten percent (10%) of the Maximum Lease Amount ("Earnout Lease Advance") upon satisfaction of the Earnout Conditions (defined below).

  • Subject to the terms and upon the conditions set forth in this Lease and the Construction Agreement, Landlord shall disburse Lease Advances to Tenant to pay for the development and construction costs of the Facility up to the Maximum Lease Amount.

  • The amount of the Letter of Credit may be reduced by Tenant from 5% of the Maximum Lease Amount to 2.5% of the Maximum Lease Amount after all of the following conditions have been met: [i] the Earnout Conditions have been satisfied; [ii] Guarantor has closed the Guarantor Option; and [iii] no Events of Default has occurred and is continuing under this Lease.


More Definitions of Maximum Lease Amount

Maximum Lease Amount means, at any time, the sum of the Equivalent Capital Lease Amounts at such time for each LSPI Lease and each Niagara Lease.
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Maximum Lease Amount means 51,057 troy ounces of Platinum and 3,308 troy ounces of Rhodium.
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Related to Maximum Lease Amount

  • Maximum Cap Rate For any Distribution Date with respect to the Group I Certificates, a per annum rate equal to the sum of (i) the product of (x) the weighted average of the Expense Adjusted Maximum Mortgage Rates of the Group I Mortgage Loans, weighted based on their outstanding Principal Balances as of the first day of the calendar month preceding the month in which the Distribution Date occurs and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Accrual Period and (ii) an amount, expressed as a percentage, equal to a fraction, the numerator of which is equal to the Net Swap Payment made by the Swap Provider and the denominator of which is equal to the aggregate Stated Principal Balance of the Mortgage Loans, multiplied by 12. For any Distribution Date with respect to the Group II Certificates, a per annum rate equal to the sum of (i) the product of (x) the weighted average of the Expense Adjusted Maximum Mortgage Rates of the Group II Mortgage Loans, weighted based on their outstanding Principal Balances as of the first day of the calendar month preceding the month in which the Distribution Date occurs and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Accrual Period and (ii) an amount, expressed as a percentage, equal to a fraction, the numerator of which is equal to the Net Swap Payment made by the Swap Provider and the denominator of which is equal to the aggregate Stated Principal Balance of the Mortgage Loans, multiplied by 12. For any Distribution Date with respect to the Mezzanine Certificates, a per annum rate equal to the product of (x) the weighted average (weighted on the basis of the results of subtracting from the aggregate Stated Principal Balance of the applicable Loan Group, the current Certificate Principal Balance of the related Class A Certificates) of the Maximum Cap Rate for the Group I Certificates and the Maximum Cap Rate for the Group II Certificates and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Interest Accrual Period.

  • Increase Amount is defined in Section 2.3(a).

  • Release Amount has the meaning set forth in Section 4.3(f).

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

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

  • Maximum Applied Water Allowance (MAWA) means the upper limit of annual applied water for the established landscaped area as specified in Section 492.4. It is based upon the area's reference evapotranspiration, the ET Adjustment Factor, and the size of the landscape area. The Estimated Total Water Use shall not exceed the Maximum Applied Water Allowance. Special Landscape Areas, including recreation areas, areas permanently and solely dedicated to edible plants such as orchards and vegetable gardens, and areas irrigated with recycled water are subject to the MAWA with an ETAF not to exceed 1.0. MAWA = (ETo) (0.62) [(ETAF x LA) + ((1-ETAF) x SLA)]

  • Maximum Purchase Amount means, for any CP Conduit, the aggregate Commitments of its Committed Purchasers, as set forth on Schedule I hereto.

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Maximum Swingline Amount means $5,000,000.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Credit Amount has the meaning set forth in Section 4.01(b)(ii).

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Recourse Amount Has the meaning specified in Section 17.10 of the Participation Agreement.