Aggregate Maximum Amount definition
Examples of Aggregate Maximum Amount in a sentence
The Aggregate Maximum Amount under this Guarantee shall be automatically reduced by the amount paid to the Owner against demands for payment under this Guarantee.
In determining the Maximum Amount, any Maximum Amount conversion required hereunder shall be aggregated with all Maximum Amount conversions required under this Note and the Secured Convertible Term Note between the Holder and the Company; in no event shall the Holder convert, pursuant to this Section 3.11 any amount in excess of the Aggregate Maximum Amount.
The Bank’s liability under this Guarantee is limited to the Aggregate Maximum Amount and it shall remain in force up to and including [ , 20 ] (such date as may be extended, the “End Date”).
This Guarantee may be amended to extend the then‐current End Date upon the written request of the Contractor, but this Guarantee shall not otherwise be amended, and the Aggregate Maximum Amount shall not be reduced without the prior written consent of the Owner.
In determining the Maximum Amount, any Maximum Amount conversion required hereunder shall be aggregated with all Maximum Amount conversions required under this Note and the Secured Convertible Term Note between Laurus and the Company; in no event shall the Holder convert, pursuant to this Section 3.11 any amount in excess of the Aggregate Maximum Amount.
This Guarantee may be amended to extend the then-current End Date upon the written request of the Contractor Owner with due consent of the, but this Guarantee shall not otherwise be amended, and the Aggregate Maximum Amount shall not be reduced without the prior written consent of the Owner.
The Guaranty is in full force and effect and is the valid, binding and enforceable obligation of Guarantor subject to the Bankruptcy and Equity Exception, and no event has occurred, which, with or without notice, lapse of time or both, would constitute a default on the part of Guarantor under such Guaranty.
The amount of Commitment Shares to be issued to the Investor shall equal 0.5% of the Aggregate Maximum Amount divided by the closing price of the ADSs on the Business Day prior to the date of the execution of this Agreement (the “Total Commitment Shares”).
Aggregate Maximum Amount means an aggregate amount of Tax Increment Payments (and other payments made under Section 3(c)(iv)) from the City to the County equivalent to the aggregate amount of the County’s Debt Service on the Bonds less any DSL Credits and Property Sale Proceeds Credit.
The Bank's liability under this Guarantee is limited to the Aggregate Maximum Amount and it shall remain in force up to and including , 201_ (such date as may be extended, the "End Date").