Maximum Cumulative Drawdown Schedule definition

Maximum Cumulative Drawdown Schedule means the schedule attached hereto as Exhibit J setting forth the Maximum Cumulative Contract Sum Payment stated as of any month during the DB Work Period.
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Maximum Cumulative Drawdown Schedule means the schedule attached hereto as
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Examples of Maximum Cumulative Drawdown Schedule in a sentence

  • The Contract Sum shall be paid by Concessionaire to Contractor in monthly installments (“Scheduled Payments”) based on percentage completion of the TTMS Work as demonstrated by Contractor and verified by Concessionaire subject to the Maximum Cumulative Drawdown Schedule and in accordance with the Payment and Values Schedule, as may be adjusted from time to time pursuant to the terms of this Agreement.

  • Notwithstanding anything to the contrary contained herein, Concessionaire shall not be obligated to make any payment to the extent that such payment, when added to all other previous payments, exceeds the total amount designated as the “Maximum Cumulative Payment” for the corresponding month on the Maximum Cumulative Drawdown Schedule.

  • Notwithstanding anything to the contrary contained herein, Concessionaire shall not be obligated to make any payment to the extent that such payment, when added to all other previous payments, exceeds the total amount designated as the “Maximum Cumulative Contract Sum Payment” for the corresponding month on the Maximum Cumulative Drawdown Schedule or exceeds the total cumulative physical percent complete of the DB Work as derived by the progress schedule.

  • Notwithstanding anything to the contrary contained herein, Concessionaire shall not be obligated to make any payment to the extent that such payment, when added to all previous payments, exceeds the amount designated as the “Maximum Cumulative Contract Sum Payment” for the corresponding month on the Maximum Cumulative Drawdown Schedule or exceeds the cumulative physical percent complete of the Work as derived by the progress schedule.

Related to Maximum Cumulative Drawdown Schedule

  • Maximum Yield Supplement Amount means with respect to any Collection Period and the related Deposit Date, after giving effect to the Yield Supplement Amount, the maximum amount required to be on deposit in the Yield Supplement Account on the immediately succeeding Payment Date, which is equal to the present value (using an interest rate of: 0.25%) of the sum of all Yield Supplement Amounts for all future Payment Dates, assuming that future Scheduled Payments on the Discount Receivables are made on the date on which they are scheduled as being due.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Draw Down Pricing Period means, with respect to each Draw Down, a period of eight (8) consecutive Trading Days beginning on the first Trading Day specified in a Draw Down Notice.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.