Material Amount Sample Clauses

The 'Material Amount' clause defines a specific threshold or value that determines when a financial or quantitative matter is significant enough to trigger certain rights, obligations, or disclosures under an agreement. In practice, this clause sets a minimum dollar amount or percentage, so that only transactions, losses, or changes exceeding this threshold are considered material for purposes such as reporting, indemnification, or breach. By establishing a clear standard for materiality, the clause helps prevent disputes over minor or insignificant issues and ensures that parties focus on matters of real consequence.
Material Amount. An amount, as of the date of estimation or determination, equal to $200,000.00 or more.
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Material Amount. As of the date of determination, an amount equal to 5% --------------- of OPAD of the Borrower for the immediately preceding four (4) quarter period.
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Material Amount. See Section 5.4(a).
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Material Amount. See Section 5.3(a). --------------- Maximum Commitment. $2,500,000. ------------------
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Material Amount. There is no fact known to the Borrower that could reasonably be expected to have a Material Adverse Effect that has not been expressly disclosed herein, in the other Loan Documents or in any other documents, certificates and statements furnished to the Administrative Agent and the Lenders for use in connection with the transactions contemplated hereby and by the other Loan Documents.
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Material Amount. No Claim may be made by any Party hereunder unless the amount of any such Claim is equal to or exceeds Cdn. $500.
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Related to Material Amount

  • Notional Amount For each Distribution Date (and the related Interest Accrual Period) each of the Class M-1, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates shall accrue interest at a per annum rate equal to the B Average Rate.

  • RENTAL AMOUNT The Owner hereby grants the Agent power to create rental agreements related to the Property for: (check one)

  • Payment Failure Any Credit Party (i) fails to pay any principal when due under this Agreement or (ii) fails to pay, within three Business Days of when due, any other amount due under this Agreement or any other Credit Document, including payments of interest, fees, reimbursements, and indemnifications;

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this Second Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this Second Supplemental Indenture.

  • Equipment Failures In the event of equipment failures beyond the Administrator's control, the Administrator shall take reasonable and prompt steps to minimize service interruptions but shall have no liability with respect thereto. The Administrator shall develop and maintain a plan for recovery from equipment failures which may include contractual arrangements with appropriate parties making reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.