Examples of Quarterly Maximum in a sentence
The Quarterly Maximum may be reduced as set forth in the following paragraphs.
To the extent there is availability under the Quarterly Maximum or the Allowed Quarterly Maximum at the time a Revolving Loan is made on account of a Lender Guaranty Disbursement, such Revolving Loan will reduce the availability of the Quarterly Maximum or the Allowed Quarterly Maximum on a dollar for dollar basis.
The Purchaser may elect to change the Percentage, Quarterly Maximum and/or Aggregate Maximum by delivering a revised Election Notice to the Company at least 15 days prior to the beginning of the calendar quarter with respect to which the revised elections are to first apply.
The initial Percentage and Quarterly Maximum and Aggregate Maximum, if any, will be specified in a written notice (an “Election Notice”) provided by the Purchaser concurrently with the execution of this Agreement and will continue to apply in all future quarters unless and until the Purchaser delivers a revised Election Notice.
Achievement of the Performance Goals shall be calculated on the basis of straight-line interpolation between the Quarterly Threshold Performance Goals, Quarterly Target Performance Goals, and Quarterly Maximum Performance Goals for each Performance Measure underlying the Performance Goal.