Examples of Minimum Draw Down Amount in a sentence
In no event shall any Draw Down Amount be less than the Minimum Draw Down Amount or exceed the Maximum Draw Down Amount.
The Capital Demand Notice must specify each of the Minimum Draw Down Amount, the Maximum Draw Down Amount and the Hard Floor Price.
On any business day during the Commitment Period, provided that the trading price for the Company's Common Stock is greater than or equal to the Floor Price, the Company may deliver a Draw Down Notice to the Buyer, subject to the satisfaction of the conditions set forth in Sections 6.2 and 6.3; provided, however, the Investment Amount for each Draw Down as designated by the Company in the applicable Draw Down Notice shall not be less than the Minimum Draw Down Amount.
Section 9.1 Minimum Draw Down Amount.........................................
The Company may deliver a draw down notice to Dolphin, subject to the satisfaction of the conditions set forth in Article V hereof provided, however, the investment amount for each draw down as designated by the Company in the applicable draw down notice shall be neither less than the Minimum Draw Down Amount nor more than the Maximum Draw Down Amount (as determined as of the applicable draw down date) and each draw down amount shall be in increments of $100,000.