Overall Maximum Sample Clauses

The "Overall Maximum" clause sets a cap on the total liability or financial exposure that one party may face under a contract. In practice, this means that regardless of the number or type of claims made, the responsible party's cumulative liability cannot exceed a specified monetary limit. For example, if multiple breaches or damages occur, the total compensation owed will not surpass the agreed maximum. This clause provides certainty and risk management for both parties by preventing unlimited financial exposure and helping to allocate risk in a predictable manner.
Overall Maximum. The total of all payments that may be made to Employee under the Award shall not exceed $2,362,500 (the “Overall Maximum”). If the amount of any payment determined in accordance with section 4(b) as of any Vesting Date or in accordance with section 4(f) as of the date of a Change in Control or the completion of an Enova Public Offering, when added to all amounts previously payable under the Award, exceeds the Overall Maximum, the amount of such payment shall be reduced by such excess.
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Overall Maximum. In no event shall the aggregate dollar amount of the purchases of Common Stock made by the Investor at Closings pursuant to Section 2.1 exceed the Maximum Offering Amount, less the aggregate dollar amount of purchases of Common Stock by the Investor pursuant to the Equity Line Financing Agreement dated July 6, 2000, as amended, between Investor and the Company.
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Related to Overall Maximum

  • Minimum Amounts and Maximum Number of Tranches All borrowings, prepayments, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to $10,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than five Eurodollar Tranches outstanding at any time.

  • Minimum Amounts and Maximum Number of Eurodollar Tranches Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurodollar Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurodollar Loans comprising each Eurodollar Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (b) no more than ten Eurodollar Tranches shall be outstanding at any one time.

  • High Availability Registry Operator will conduct its operations using network and geographically diverse, redundant servers (including network-­‐level redundancy, end-­‐node level redundancy and the implementation of a load balancing scheme where applicable) to ensure continued operation in the case of technical failure (widespread or local), or an extraordinary occurrence or circumstance beyond the control of the Registry Operator. Registry Operator’s emergency operations department shall be available at all times to respond to extraordinary occurrences.

  • MAXIMUM OUT-OF POCKET EXPENSE means the total amount you pay each plan year for covered healthcare services. We will pay up to 100% of our allowance for the covered healthcare service for the rest of the plan year once you have met the maximum out-of-pocket expense. See the Summary of Medical Benefits for your maximum out-of-pocket expenses.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.