Maximum Principal Amount the meaning set forth in Section 2.1(a).

Maximum Principal Amount means Twenty-Five Million and 00/100 Dollars ($25,000,000.00).

Maximum Principal Amount means the maximum principal amount of the Commitment up to which the applicable Lender has agreed to lend funds and/or participate in the issuance of Letters of Credit, as set forth in Schedule 2 attached hereto.

Examples of Maximum Principal Amount in a sentence

Subject to the terms and conditions set forth herein below, Borrowers shall have a right at any time to increase the amount of the Maximum Principal Amount (the “Accordion Increase”) in an amount acceptable to Agent in its sole and absolute discretion; provided, however, that the aggregate amount of all Accordion Increases shall not exceed $50,000,000.
The principal amount of the Notes will be the Maximum Principal Amount; provided, however, that notwithstanding the face amount of the Notes, Borrowers’ liability under the Notes shall be limited at all times to the actual indebtedness (principal, interest and fees) then outstanding and owing by Borrowers to Agent and Lenders hereunder.
The indebtedness of Borrowers to each Lender hereunder shall be evidenced by a separate Note executed by Borrowers in favor of such Lender in the principal amount equal to each such Xxxxxx’s Commitment Percentage of the Maximum Principal Amount.
The aggregate unpaid principal amount at any one time outstanding of all Advances shall not exceed the lesser of the Maximum Principal Amount or the Borrowing Base in effect as of the date of determination.

More Definitions of Maximum Principal Amount

Maximum Principal Amount means, at any date, Two Million and No/100ths Dollars ($2,000,000).

Maximum Principal Amount has the meaning ascribed to such term in Schedule I hereto.

Maximum Principal Amount means Ten Million and 00/100 Dollars ($10,000,000.00).

Maximum Principal Amount means, collectively, the Maximum Term Principal Amount, the Term Loan #2 Maximum Principal Amount, the Advancing Term Loan Maximum Principal Amount and the Maximum Revolving Principal Amount.

Maximum Principal Amount means Five Million and 00/100 Dollars ($ 5,000,000.00).

Maximum Principal Amount means the maximum principal amount of the Bonds authorized to be issued pursuant to this Contract, which shall be $40,000,000. Refunding Bonds shall not be considered in the calculation of the Maximum Principal Amount.

Maximum Principal Amount means the sum of (a) the aggregate principal amount of Old Notes tendered pursuant to the Exchange Offer and not withdrawn and (b) the interest accrued on such Old Notes from August 1, 1999, through the day before the date the Exchange Offer is consummated.