Maximum Outstanding Amount definition
Maximum Outstanding Amount means $205,727,000, as such amount may be reduced pursuant to Section 2.02(f) or the provisions of the Tenth Amendment or increased up to an amount not to exceed the Aggregate Commitments with the written consent of the Required Lenders.
Maximum Outstanding Amount means, for all Transactions related to the JPM Repurchase Agreements, an amount equal to $276,005,779.85; provided that solely for purposes of Article 3(m), the Maximum Outstanding Amount may be adjusted pursuant to Article 5.
Maximum Outstanding Amount means, at any given time, the lesser of (i) the Borrowing Base Value at such time and (ii) $25,000,000.00.
Examples of Maximum Outstanding Amount in a sentence
If at any time for any reason whatsoever the sum of the balance of all outstanding Loans exceeds the Maximum Outstanding Amount, then in each case, Borrower will immediately pay to Lender such amounts as shall be necessary to eliminate such excess.
Subject to the terms and conditions contained in this Agreement, Lender shall, from time to time prior to the Maturity Date, at Borrower’s request, make Loans to Borrower (“Loans”); provided that, after giving effect to each such Loan, the outstanding balance of all Loans will not exceed the Maximum Outstanding Amount.
More Definitions of Maximum Outstanding Amount
Maximum Outstanding Amount means (i) as of the Twelfth Amendment Effective Date, an amount equal to $238,240,000; and (ii) as of March 31, 2019, an amount equal to $93,240,000, in each case, as such amount may be subsequently reduced from time to time pursuant to Section 2.05 or increased up to an amount not to exceed the Aggregate Commitments with the written consent of the Required Lenders.
Maximum Outstanding Amount shall have the meaning ascribed to such term in Section 2.9 hereof.
Maximum Outstanding Amount means, for all Transactions, an amount equal to $50,893,935.84.
Maximum Outstanding Amount means, for all Transactions, an amount equal to $145,079,971.34; provided that solely for purposes of Section 4.01, the Maximum Outstanding Amount may be adjusted pursuant to Section 4.07(e).
Maximum Outstanding Amount means, as of any date of determination, the greatest aggregate amount of Loans that have been outstanding at any one time during the Availability Period, excluding any Loans to be made on the date of such determination.
Maximum Outstanding Amount means $2,000,000.
Maximum Outstanding Amount as defined in subsection 2.1(b).