Ceiling Amount definition

Ceiling Amount has the meaning assigned to such term in Section 9.10(a).

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Ceiling Amount has the meaning ascribed to such term in Section 8.6(a).

Ceiling Amount means (i) on or before the first anniversary of the IPO Closing Date, $8 million, and (ii) thereafter, $4 million less the amount of all Damages paid or which have been payable by the party or parties in question with respect to indemnification claims made on or before the first anniversary of the IPO Closing Date.

Examples of Ceiling Amount in a sentence

The Bank shall not loan any Securities maintained in a Portfolio's Account such that, after giving effect to such loan, an amount greater than that Portfolio's Loan Ceiling Amount will be lent pursuant to this Agreement.
In no event shall the Partnership Parties’ aggregate liability to the Contributing Indemnified Parties under Section 9.2(i) exceed the Ceiling Amount.
In no event shall Buyer be liable under Section 7.3 of this Agreement for any amount in excess of the Ceiling Amount.
Notwithstanding the foregoing, neither the Threshold Amount nor the Ceiling Amount shall be applicable to indemnification pursuant to Section 7.3(iii) or Section 7.3(iv) or with respect the representations and warranties of Buyer set forth in Section 4.6.
Simultaneous with such adjusting, an Overdraft line for an amount which is equivalent to the amount adjusted from the Flexi Account against the principal portion of the Outstanding Balance excluding principal portion of EMI(s), due if any, shall be set on the Flexi Account, which shall be referred to as “Overdraft Limit”, subject to the same not exceeding the Ceiling Amount.

More Definitions of Ceiling Amount

Ceiling Amount has the meaning set forth in Section 9.2(b).

Ceiling Amount means the sum of (i) $25,322,511, (ii) the Additional Cash Consideration, if any, (iii) the Positive Net Adjustment, if any, and (iv) the Negative Net Adjustment, if any; provided, however, that, for purposes of Sections 6.06(b) and 7.06(b), the Ceiling Amount is $18,991,883.

Ceiling Amount means the maximum fund transfer amount, prescribed by the Bank in its absolute discretion.

Ceiling Amount means $32,615,740.

Ceiling Amount shall have the meaning set forth in Section 11.1(e).

Ceiling Amount means at any time (a) $10,714,960 plus (b) the aggregate amount of Contingent Merger Consideration which the Stockholders have been paid, or are entitled to be paid, at such time.

Ceiling Amount means the excess of the amount described in division (A)(1)(a) of this section over the amount described in division (A)(1)(b) of this section:

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