Maximum Required Amount definition
Examples of Maximum Required Amount in a sentence
For purposes of this Agreement, and subject to Section 6.3(d), none of New Holdco, Mercury or ▇▇▇▇▇ shall be permitted to assert that the following does not constitute commercially reasonable best efforts: (i) the taking of the Regulatory Actions contemplated by Section 6.3(a) of the ▇▇▇▇▇ Disclosure Schedule or (ii) a Net Lost Annual BCF equal to or less than the Maximum Required Amount.
For purposes of this Agreement, and subject to Section 6.3(d), none of New Holdco, Mercury or La▇▇▇ ▇hall be permitted to assert that the following does not constitute commercially reasonable best efforts: (i) the taking of the Regulatory Actions contemplated by Section 6.3(a) of the La▇▇▇ ▇isclosure Schedule or (ii) a Net Lost Annual BCF equal to or less than the Maximum Required Amount.
During each Commercialization Year, if ONYX purchases and takes delivery of less than the Maximum Required Amount such that total volume purchased and delivered, net of returns and credits, results in a higher price according to Exhibit B, then ONYX agrees to pay an amount that would make the average price paid during the year equal to the higher price that ONYX would have paid if the Annual Forecast volume was equal to their Maximum Required Amount for such year.
At any time when the Value of the ---------------------------- Collateral exceeds the Maximum Required Amount, Pledgor shall be entitled to withdraw from pledge hereunder and the control of Secured Party upon written notice, free of the security interest created hereby, shares of BLCI Stock or other Collateral with a Value equal to such excess.