Minimum Aggregate Liability Amount definition

Minimum Aggregate Liability Amount shall have the meaning set forth in Section 12.1(b) hereof.
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Minimum Aggregate Liability Amount has the meaning set forth in Section 10.4. “Permitted Encumbrances” shall mean (i) liens for taxes not yet due and payable, that are ELECTRONICALLY FILED - 2020 Jun 29 9:24 AM - GREENVILLE - COMMON PLEAS - CASE#2020CP2300012 payable without penalty or that are being contested in good faith and for which adequate reserves have been recorded, (ii) liens arising or resulting from any action taken by Transferee or any affiliate thereof, (iii) liens for assessments and other governmental charges or liens of carriers, warehouseman, mechanics and materialmen incurred in the ordinary course of business, in each case for sums not yet due and payable or due but not delinquent, (iv) any encumbrance that will be paid or discharged at or before the Closing Date, or (v) any right of any client to any of its information or materials included in the Transferred Assets.
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Examples of Minimum Aggregate Liability Amount in a sentence

  • For the avoidance of all doubt, the limitation of Minimum Aggregate Liability Amount does not apply in indemnification claims related to damages, liabilities, costs or expenses arising out of or resulting from Retained Liabilities, Assumed Liabilities, or obligations assumed under the Lease.

  • Notwithstanding the foregoing, no claim for indemnification under Section 8.1(a)(i) shall be asserted with respect to any matter or series of related matters unless and until the aggregate amount of Losses that would be payable with respect to such claim exceeds $25,000 (the “Mini-Basket”), and such Losses shall not be counted towards the Minimum Aggregate Liability Amount unless they exceed the Mini-Basket.

  • Notwithstanding the foregoing, no claim for indemnification under S ection 8.1(a)(i) shall be asserted with respect to any matter or series of related matters unless and until the aggregate amount of Losses that would be payable with respect to such claim exceeds $25,000 (the “Mini-Basket”), and such Losses shall not be counted towards the Minimum Aggregate Liability Amount unless they exceed the Mini-Basket.

Related to Minimum Aggregate Liability Amount

  • Maximum Aggregate Purchase Price has the meaning assigned to such term in the Pricing Side Letter.

  • Aggregate Limit shall have the meaning assigned to such term in Section 1.1 hereof.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Maximum Liability has the meaning assigned to such term in Section 10.10.

  • Maximum Revolving Amount At any date as of which same is to be determined, the amount by which (x) $3,500,000 exceeds (y) the sum of (i) all then undrawn amounts of letters of credit issued by the Bank for the account of the Borrower plus (ii) all amounts then drawn on any such letter of credit which at said date shall not have been reimbursed to the Bank by the Borrower.

  • Maximum Revolving Advance Amount means $30,000,000.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Aggregate Amounts Due as defined in Section 2.17.

  • Total Amount means the total amount of the Grant as set out in the Grant Schedule.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Maximum Swingline Amount means $5,000,000.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Related Liability Amount with respect to any Related Liability on the books of the Assuming Institution, means the amount of such Related Liability as stated on the Accounting Records of the Assuming Institution (as maintained in accordance with generally accepted accounting principles) as of the date as of which the Related Liability Amount is being determined. With respect to a liability that relates to more than one asset, the amount of such Related Liability shall be allocated among such assets for the purpose of determining the Related Liability Amount with respect to any one of such assets. Such allocation shall be made by specific allocation, where determinable, and otherwise shall be pro rata based upon the dollar amount of such assets stated on the Accounting Records of the entity that owns such asset.

  • Aggregate Maximum Credit Amounts at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Aggregate Loss Severity Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Realized Losses incurred on any Mortgage Loans from the Cut-off Date to the last day of the preceding calendar month and the denominator of which is the aggregate principal balance of such Mortgage Loans immediately prior to the liquidation of such Mortgage Loans.

  • Maximum Commitment means initially the amount specified in item 4 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.