Maximum Sales Amount means $1,750,000,000, or such other amount agreed from time to time between the Funding Seller and the Bank Purchasing Agent.
Maximum Sales Amount means (i) through November 30, 2014, $1,200,000,000, (ii) on and after December 1, 2014, through April 30, 2015, $1,250,000,000 and (iii) on and after May 1, 2015, $1,450,000,000, or such other amount agreed from time to time between the Funding Seller and the Bank Purchasing Agent.
Maximum Sales Amount means the greater of (x) a number of shares of Common Stock with an aggregate market value (based on the Quoted Price (as defined herein) of the Common Stock on the trading day immediately preceding the sale or transfer for which the determination is being made) equal to $500,000 and (y) such number of shares which is equal to 5% of the average daily trading volume of the Company's Common Stock on the primary interdealer quotation system or national securities exchange on which the Common Stock is traded for the thirty (30) trading day period immediately preceding the date of sale or transfer.
More Definitions of Maximum Sales Amount
Maximum Sales Amount means, (A) prior to the April 2018 Settlement Date, $1,900,000,000, and (B) on and following the April 2018 Settlement Date, $2,000,000,000, or such other amount agreed from time to time between the Funding Seller and the Bank Purchasing Agent.
Maximum Sales Amount means the greater of (i) a number of shares of Common Stock, with an aggregate market value (based on the Quoted Price of Geotek's Common Stock on the Trading Day immediately preceding the sale or transfer for which the determination is being made) equal to $500,000 and (ii) such number of shares which is equal to 5% of the average daily trading volume of Geotek's Common Stock on the primary interdealer quotation system or national securities exchange on which the Common Stock is traded for the thirty (30) Trading Day period immediately preceding the date of the sale or transfer.
Maximum Sales Amount means $1,200,000,000 or such other amount agreed from time to time between the Funding Seller and the Bank Purchasing Agent; provided that on and after: (a) the New York Designation Date, the Maximum Sales Amount shall increase automatically by an additional $200,000,000, and (b) the Maximum Sales Amount Increase Date, the Maximum Sales Amount shall increase automatically by an additional $50,000,000.”
Maximum Sales Amount means $1,900,000,000, or such other amount agreed from time to time between the Funding Seller and the Bank Purchasing Agent. “Recoveries” means, all Collections with respect to Written-Off Receivables; provided that the parties agree that (a) tax refunds, whether in the form of cash orotherwise, with respect to Receivables and (b) any cash payments (or equivalent) or any other cash proceeds collected on EPS Receivables (including cash proceeds of Related Rights withrespect to such EPS Receivables) shall not constitute Collections or Recoveries.(c) Section 3.2(b) is hereby amended by amendment of the last sentence of such section and addition of a new sentence as follows:The Servicer shall not permit any Purchased Receivable to become an EPS Receivable if, during any Collection Period, the aggregate Nominal Value of Purchased Receivables that become EPS Receivables during such Collection Period would exceed $10,000,000 unless the Servicer has issued the EPS Cap Increase Notice to each of the Purchasing 3Entities by no later than the Reporting Date related to such Collection Period. If an EPS Cap Increase Notice has been issued by the Servicer, such $10,000,000 limit for EPS Receivables shall be increased to $20,000,000 and the Discount Rate shall be increased by 0.09%, effective as of the first day of the Collection Period in which the aggregate Nominal Value of Purchased Receivables that became EPS Receivables exceeded $10,000,000. Any failure of the Servicer to issue an EPS Cap Increase Notice on or before such Reporting Date related to a Collection Period during which the $10,000,000 EPS limit was exceeded specifying such increase in the Discount Rate shall be deemed a failure to perform in a material manner a term contained in this Agreement for purposes of Section 11.4(c). The Servicer will include the amount of EPS Receivables with respect to each Collection Period in the related Monthly Report. In the event of an increase of the EPS limit to $20,000,000, (i) the Servicer shall thereafter be required to determine the amount of Purchased Receivables which become EPS Receivables no less frequently than weekly and (ii) any breach of the $20,000,000 EPS limit during any Collection Period shall be deemed a failure to perform in a material manner a term contained in this Agreement for purposes of Section 11.4(c).(d) Section 5.1(a) is hereby amended by amendment of the first paragraph as follows:
Maximum Sales Amount has the meaning given in Section 2(a) hereof.