Maximum Financing Amount definition

Maximum Financing Amount means, on the date of signature of the Agreement, three hundred million Euros (EUR 300,000,000), allocated among the Sellers as follows:
Maximum Financing Amount means either the sum of $50,000.00 or the total sum of the Clean Energy Improvement Tax where the annual payment (excluding interest) is no more than $<maximum calculated financing amount> per year, whichever is lesser, and is the maximum amount of funding the Participant is eligible to receive for the Project, pursuant to the Program Terms and Conditions, the Clean Energy Improvements Regulations, AR 212/2018 and the Municipality’s Bylaw.
Maximum Financing Amount means the Aggregate Note Balance.

Examples of Maximum Financing Amount in a sentence

  • An Arrangement Fee equal to two point twenty five per cent (2.25%) of the Maximum Financing Amount (excluding VAT) shall be paid by the French Sellers and the Parent Company, acting jointly and severally, to the Factor, which fee shall come into existence as at the date of signature of the Agreement and shall become due and payable at completion of the Acquisition.

  • In consideration of entering into this Amendment, SLM Corporation shall pay in immediately available funds to the Administrative Agent, for the ratable benefit of each Facility Group in accordance with its Pro Rata Share, a one-time nonrefundable upfront fee in the amount equal to 0.20% of the Maximum Financing Amount as of the date hereof (the “Fee”), which shall be due and owing on the date hereof.

  • In order to allow the Lenders to raise funds in economical denominations and less frequently than daily, the Borrower may request the Lenders to purchase Notes in order to pre-fund an amount (up to its Pro Rata Share of the Maximum Financing Amount) to be deposited into the Collection Note Purchase Subaccount.

  • Prior to the Termination Date and subject to the Maximum Financing Amount, the Borrower shall have the right to request that the aggregate principal amount of a Rollover Note Purchase shall include the accrued and unpaid Carrying Costs on the Notes being refinanced with the Rollover Note Purchase.

  • The Borrower may, upon at least two (2) Business Days' written notice to the Administrative Agent and each Facility Agent terminate in whole or reduce in part the portion of the Maximum Financing Amount that exceeds the Aggregate Note Balance.

  • A reduction of the Maximum Financing Amount shall not be requested by the Originators if as a result of such reduction the Maximum Financing Amount is below EUR 100,000,000 (one hundred million Euros).

  • The Maximum Financing Amount may be reduced at any time upon request of the Originator.

  • The Facility Amount shall, at all times, be an amount equal to 102% of the Maximum Financing Amount.

  • The Maximum Financing Amount may be reduced at any time upon request of the Originators.

  • Upon receipt of the notice, the CRA shall use its best efforts to initiate the process to issue the Partial Take Out Financing provided that the Partial Take Out Financing shall not in any event exceed the Maximum Financing Amount.


More Definitions of Maximum Financing Amount

Maximum Financing Amount means, at any time, $750,000,000 (originally being $250,000,000 for each Facility Group) as such amount may be adjusted from time to time pursuant to Section 2.03 hereof; provided, however, that at all times on or after the Termination Date, the "Maximum Financing Amount" shall mean the Aggregate Note Balance.
Maximum Financing Amount means, on the date of signature of the Agreement, 40,000,000 Euros. Such Maximum Financing Amount may be increased by up to EUR 10,000,000, notably in case of turnover’s increase, subject to the prior GE Group’s credit committee’s approvals and the signing by the Parties of a written amendment to the Agreement.
Maximum Financing Amount shall have the meaning provided in Section 4.6(b).
Maximum Financing Amount. (i) shall not exceed Fifteen Million Dollars ($15,000,000) plus a debt service reserve, if required, and shall be inclusive of the CRA’s and Developer’s financing costs incurred through construction attributable to the amount equal to the Partial Take Out Financing, cost of issuance, and Developer’s cost for a CRA representative to review the Phase I plans, specifications, budgets and invoices; (ii) shall not be greater than the amount of the senior loan; and (iii) shall not in any event exceed thirty percent (30%) of Developer’s total project costs for the Phase I Improvements. Any costs and expenses of the Phase I construction project in excess of the Maximum Financing Amount shall be the sole responsibility of Developer. “Construction Costs” shall be defined as hard and soft construction costs and tenant improvements. The Partial Take Out Financing shall be structured and sold as determined by the CRA, in its sole discretion, in accordance with federal and state law and is expected to be in the form of taxable financing. Notwithstanding anything herein to the contrary, Developer shall have the right to secure its own permanent financing or to extend the term of its Construction Financing and, in such event, shall provide written notice to the CRA of such election and rejection of the CRA’s Partial Take Out Financing. The CRA shall have no obligation to close on the Partial Take Out Financing unless and until the Certificate of Occupancy is issued for the Phase I Improvements. The CRA shall use commercially reasonable efforts to obtain the most favorable terms for the Partial Take Out Financing available to the CRA and agrees that the minimum term of the Partial Take Out Financing shall be twenty (20) years unless otherwise agreed to by Developer.

Related to Maximum Financing Amount

  • Maximum Revolving Amount At any date as of which same is to be determined, the amount by which (x) $3,500,000 exceeds (y) the sum of (i) all then undrawn amounts of letters of credit issued by the Bank for the account of the Borrower plus (ii) all amounts then drawn on any such letter of credit which at said date shall not have been reimbursed to the Bank by the Borrower.

  • Additional Refinancing Amount means, in connection with the Incurrence of any Refinancing Indebtedness, the aggregate principal amount of additional Indebtedness, Disqualified Stock or Preferred Stock Incurred to pay accrued and unpaid interest, premiums (including tender premiums), expenses, defeasance costs and fees in respect thereof.

  • 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.

  • Maximum Swingline Amount means $5,000,000.

  • Maximum Revolving Advance Amount means $25,000,000.