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

• Any payments required to cure any Borrowing Base Deficiency shall be made by Parent to the lenders under the U.S. Facility and by the Company to the Banks (with the Maximum Outstanding Amount to be reduced by the amount of such payments by the Company) in the manner provided in the Intercreditor Agreement.

• The Company shall from time to time on demand by the Administrative Agent prepay the Loans (or provide Cover for Letter of Credit Liabilities and the face amount of Bankers' Acceptances) in such amounts as shall be necessary so that at all times the aggregate outstanding principal amount (including therein the face amount of all outstanding Bankers' Acceptances) of all Revolving Credit Obligations shall not be in excess of the Maximum Outstanding Amount plus any Cover provided under this Section 3.2(b)(1).

• The Borrower agrees to pay to the Administrative Agent for the account of each Lender a set-up fee, payable in installments on the date of each Borrowing, equal to, in each case, the amount of 1% of the positive difference, if any, between (a) the outstanding principal amount of the Loans after giving effect to such Borrowing and (b) the Maximum Outstanding Amount.

• The initial Maximum Outstanding Amount, effective from the date hereof, is U.S. $95,000,000.

• The Company shall from time to time designate a maximum principal amount, denominated in U.S. Dollars, permitted to be outstanding hereunder for the period during which such designation is effective (such amount being herein called the "Maximum Outstanding Amount").

More Definitions of Maximum Outstanding Amount

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 (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 means (i) as of the Sixteenth Amendment Effective Date, an amount equal to $186,899,423 and (ii) as of April 30, 2019, an amount equal to the lesser of (x) $135,799,423 or (y) $186,899,423 minus the Disposition B Reduction Amount, 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 means the amount permitted to be outstanding under this Agreement pursuant to the Interim Order or the Final Order, as applicable.