Maximum Disbursements Sample Clauses

Maximum Disbursements. Not permit the aggregate amount of Disbursements of the Loan Parties to exceed the amount opposite the applicable period set forth in the table below: July 1, 2018 through and including July 28, 2018 $97,100,000 July 29, 2018 through and including September 1, 2018 $113,500,000 September 2, 2018 through and including September 29, 2018 $73,900,000 September 30, 2018 through and including November 3, 2018 $117,500,000 November 4, 2018 through and including December 1, 2018 $82,700,000 December 2, 2018 through and including December 29, 2018 $78,557,000 December 30, 2018 through and including January 26, 2019 $77,858,000 January 27, 2019 through and including March 2, 2019 $107,752,000 March 3, 2019 through and including March 30, 2019 $75,626,000 March 31, 2019 through and including April 27, 2019 $72,695,000 April 28, 2019 through and including May 24, 2019 $48,336,000 May 25, 2019 through and including June 29, 2019 $62,409,000
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Maximum Disbursements. The maximum number of Disbursements permitted pursuant to Section 2.02(d) (Disbursement Procedure) has not yet been made.
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Maximum Disbursements. Not permit the aggregate amount of Disbursements of the Loan Parties to exceed (i) $116,000,000 for the period beginning December 31, 2017 and ending February 3, 2018; (ii) $85,000,000 for the period beginning February 4, 2018 and ending March 3, 2018; (iii) $74,000,000 for the period beginning March 4, 2018 and ending March 31, 2018 (excluding Disbursements made to pay fees to the Lenders); (iv) $85,000,000 for the period beginning April 1, 2018 and ending April 28, 2018; (v) $84,000,000 for the period beginning April 29, 2018 and ending May 25, 2018; and (vi) $65,500,000 for the period beginning May 26, 2018 and ending June 15, 2018. To the extent that (x) $108,000,000 exceeds the actual Disbursements of the Loan Parties for the period beginning November 26, 2017 and ending December 30, 2017 or (y) the amount of Disbursements permitted with respect to any period set forth above exceeds the actual Disbursements of the Loan Parties for such period, such excess shall be added to the amount of Disbursements permitted with respect to the immediately succeeding period.
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Maximum Disbursements. Not permit the aggregate amount of Disbursements of the Loan Parties to exceed the amount opposite the applicable period set forth in the table below: July 1, 2018 through and including July 28, 2018 $97,100,000 July 29, 2018 through and including September 1, 2018 $113,500,000 September 2, 2018 through and including September 29, 2018 $73,900,000 September 30, 2018 through and including November 3, 2018 $117,500,000 November 4, 2018 through and including December 1, 2018 $82,700,000 December 2, 2018 through and including December 12, 2018 $36,300,000
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Maximum Disbursements. Not permit the aggregate amount of Disbursements of the Loan Parties to exceed (i) $111,900,000 for the period beginning August 27, 2017 and ending September 30, 2017; (ii) $97,800,000 for the period beginning October 1, 2017 and ending October 28, 2017; (iii) $97,800,000 for the period beginning October 29, 2017 and ending November 25, 2017 and (iv) $108,000,000 for the period beginning November 26, 2017 and ending December 30, 2017. To the extent that the amount of Disbursements permitted with respect to any period set forth above exceeds the actual Disbursements of the Loan Parties for such period, such excess shall be added to the amount of Disbursements permitted with respect to the immediately succeeding period.
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Maximum Disbursements. The Credit Parties shall ensure that, (i) as of any date, each of the actual total receipts and capital expenditures of the Credit Parties for the previous 4-week period will not exceed by more than 10% the comparable item for the Credit Parties for such 12298241.7 period as set forth in the Weekly Cash Flow Projection, as such item may be updated, and (ii) as of any date, each of the net operating cash flow and total net cash flow of the Credit Parties for the previous 4-week period will not exceed the greater of 10% or $1,500,000 in excess of the comparable item for the Credit Parties for such period as set forth in the Weekly Cash Flow Projection, as such item may be updated.
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Maximum Disbursements. Cash disbursements of the Company and its Subsidiaries for each successive four-week period ending on Friday, shall not exceed the sum of collections for such period and the amount of cash balances on the first day of such period. Except as provided in the immediately prior sentence, without the prior consent of Lenders, Company and each of its Subsidiaries agrees that it shall not pay, or commit to pay, or undertake any transaction which would result in or require the payment of, any cash disbursement that would be unusual or extraordinary or outside the ordinary course of business, such determination to be made by reference both to the business of the Company and its Subsidiaries as presently conducted and by reference to the business plan, budget and projections delivered pursuant to Section 5.1(xiii).
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Maximum Disbursements. Borrower shall not, during any Testing Period (or portion thereof), make or become obligated to make cash disbursements in an aggregate amount exceeding one hundred and ten percent (110%) of the amount of cash disbursements projected for such Testing Period (or portion thereof) as set forth in the Budget in effect during such Testing Period.
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Maximum Disbursements. Lender has no obligation to make any Disbursement, or consent to any request for any Disbursement, with respect to any Milestone Requirement in any greater aggregate amount than the aggregate amount budgeted for that Milestone Requirement in the Disbursement Schedule.
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Related to Maximum Disbursements

  • Maximum Drawing Amount The maximum aggregate amount that the beneficiaries may at any time draw under outstanding Letters of Credit, as such aggregate amount may be reduced from time to time pursuant to the terms of the Letters of Credit.

  • Monthly Disbursements On or before the fifth (5th) day of each calendar month, during the design and construction of the Tenant Improvements (or such other date as Landlord may designate), Tenant shall deliver to Landlord: (i) a request for reimbursement of amounts paid to the “Contractor,” as that term is defined in Section 4.1.1 of this Tenant Work Letter, approved by Tenant, in a commercially reasonable form to be provided by Landlord, showing the schedule, by trade, of percentage of completion of the Tenant Improvements in the Premises, detailing the portion of the work completed and the portion not completed; (ii) invoices from all of “Tenant’s Agents,” as that term is defined in Section 4.1.2 of this Tenant Work Letter, for labor rendered and materials for the Premises; (iii) executed mechanic’s lien releases, as applicable, from all of Tenant’s Agents which shall comply with the appropriate provisions, as reasonably determined by Landlord, of California Civil Code Section 3262(d); and (iv) all other information reasonably requested by Landlord. Tenant’s request for payment shall be deemed Tenant’s acceptance and approval of the work furnished and/or the materials supplied as set forth in Tenant’s payment request. Within forty-five (45) days thereafter, Landlord shall deliver a check to Tenant made payable to Tenant in payment of the lesser of: (A) the amounts so requested by “tenant as set forth in this Section 2.2.3.1, above (or, subject to the terms of Section 4.2.1, below, a percentage thereof), and (B) the balance of any remaining available portion of the Tenant Improvement Allowance, provided that Landlord does not dispute any request for payment based on non-compliance of any work with the “Approved Working Drawings,” as that term is defined in Section 3.5 below, or due to any substandard work. Landlord’s payment of such amounts shall not be deemed Landlord’s approval or acceptance of the work furnished or materials supplied as set forth in Tenant’s payment request.

  • Reimbursement of the Underwriters’ Expenses If, after the execution and delivery of this Agreement, the Units are not delivered for any reason other than the termination of this Agreement pursuant to the fifth paragraph of Section 8 hereof or the default by one or more of the Underwriters in its or their respective obligations hereunder, the Company shall, in addition to paying the amounts described in Section 4(m), reimburse the Underwriters for all of their out-of-pocket expenses, including the fees and disbursements of their counsel.

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

  • LENDER'S EXPENDITURES If any action or proceeding is commenced that would materially affect Lender’s interest in the Collateral or if Borrower fails to comply with any provision of this Agreement or any Related Documents, including but not limited to Borrower’s failure to discharge or pay when due any amounts Borrower is required to discharge or pay under this Agreement or any Related Documents, Lender on Borrower’s behalf may (but shall not be obligated to) take any action that Lender deems appropriate, including but not limited to discharging or paying all taxes, liens, security interests, encumbrances and other claims, at any time levied or placed on any Collateral and paying all costs for insuring, maintaining and preserving any Collateral. All such expenditures incurred or paid by Lender for such purposes will then bear interest at the rate charged under the Note from the date incurred or paid by Lender to the date of repayment by Borrower. All such expenses will become a part of the Indebtedness and, at Lender’s option, will (A) be payable on demand; (B) be added to the balance of the Note and be apportioned among and be payable with any installment payments to become due during either (1) the term of any applicable insurance policy; or (2) the remaining term of the Note; or (C) be treated as a balloon payment which will be due and payable at the Note’s maturity.