Examples of Qualified Amount in a sentence
During the Escrow Period, (i) each of the parties hereto acknowledges and agrees that the Borrower may engage the Arranger to use commercially reasonable efforts to further syndicate the SVB Loans acquired and held by the Assignee Lenders and (ii) each Assignee Lender agrees to assign a portion of its Term Loans in an amount not to exceed such Assignee Lender’s Qualified Amount pursuant to, and to otherwise facilitate the execution, delivery and execution of, a Qualified Assignment.
You must generate a minimum Qualified Amount (as defined below) in your KGI Connex account within the Qualifying Period (as defined below).
E.g Client generates SGD 350 (converted back to Singapore Dollar) of commissions from trading in foreign equities on KGI Connex over the Qualifying Period, he/she will be entitled to a SGD 350 X 1.5= SGD 525 contribution into his/her Qualified Amount.
Commissions generated when trading foreign equities (Thai, Hong Kong, Shanghai, Shenzhen and US equities) on KGI Connex will be included into the Qualified Amount with a 1.5X multiplier.
Upon receipt of a request for an Advance, we will determine the Qualified Amount by conducting a review of your Eligible Expenditures, or by directing a third party to do so on our behalf.