Maximum Loan Amounts Clause Samples

Maximum Loan Amounts. Lender Pro Rata Share Pro Rata Share of Borrowing Base Maximum Loan Amount
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Maximum Loan Amounts. The aggregate principal amount of the Loans from time to time outstanding shall not be more than: (i) with respect to the Project P Loan, the lesser of (x) eighty percent (80%) of all Eligible Project P Costs (excluding Excess Cost Overruns unless and to the extent provided for in Section 2.9(c)(i)(B) or in an approved Corrective Plan) incurred as of any date of determination and (y) One Hundred One Million One Hundred Eighty-Six Thousand and 00/100 Dollars ($101,186,000) (such lesser amount, the “Project P Maximum Loan Amount”); provided, however, that subject to the Project P Maximum Loan Amount and Sections 2.7(b) and 2.12, Advances shall be in the following amounts (but only if, in each case, all applicable conditions have been met): (A) initially in an amount equal to one hundred percent (100%) of Eligible Project P Costs incurred on or after December 15, 2008; (B) reduced to an amount equal to eighty percent (80%) of Eligible Project P Costs incurred during the period beginning on February 1, 2010, in the event Borrower has not satisfied all conditions precedent to a Site-Dependent Advance of the Project P Loan, and ending on the date that such conditions are satisfied; provided, however, that in no event shall DOE or FFB be required to make any Advances of the Project P Loan after June 1, 2010 unless all conditions precedent to a Site-Dependent Advance of the Project P Loan, as set forth in Section 5.4, have been satisfied; and (C) after such all conditions precedent to a Site-Dependent Advance of the Project P Loan have been satisfied, in an amount equal to one hundred percent (100%) of Eligible Project P Costs thereafter incurred. In addition, subject to the Project P Maximum Loan Amount and Sections 2.7(b) and 2.12 (and only if all applicable conditions have been met):
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Maximum Loan Amounts. The aggregate outstanding principal amount of the -------------------- Note shall not in any event exceed 75% of the Appraised Value of the Project. EXHIBIT "F" LEASING AND TENANT MATTERS The Borrower and the Bank agree as follows:
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Related to Maximum Loan Amounts

  • Loan Amount 5. ACCOUNT NAME(S) ............................................................................................................................................................................. BANK NAME / BRANCH ..................................................................................................................................................................

  • Maximum Advances In the case of any type of Advance requested to be made, after giving effect thereto, the aggregate amount of such type of Advance shall not exceed the maximum amount of such type of Advance permitted under this Agreement. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

  • Allocation of Loan Amounts The Loan shall (except for amounts required to pay the Front-end Fee) be withdrawn in a single tranche. The allocation of the amounts of the Loan to this end is set out in the table below:

  • Maximum Credit Patheon's liability for Active Materials calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in Schedule D to a Product Agreement.

  • Line of Credit Amount (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the “Facility No. 1 Commitment”) is Five Million and 00/100 Dollars ($5,000,000.00). (b) This is a revolving line of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the principal balance outstanding to exceed the Facility No. 1