Maximum Monthly Amount definition
Examples of Maximum Monthly Amount in a sentence
If the January USDA production report published during a Crop Year shows that the Actual Monthly Yield for such month is not greater than 90% of the trend yield set by the Parties for such month, then the Maximum Aggregate Amount for the Crop Year shall be reduced by 15% and the Maximum Monthly Amount for any remaining months during such Crop Year shall be reduced by 15%.
However, if a subsequent USDA production report issued during August through December of such Crop Year shows that the Actual Monthly Yield for a given month has increased to an amount which is greater than 90% of the trend yield set by the Parties for such month, then the Maximum Monthly Amount for the following month shall be restored to the original Maximum Monthly Amount before the 15% reduction.
D(t) = Actual Monthly Energy for the month (t) in excess of the Maximum Monthly Amount.
Each subsequent Funding shall take place under the Floating Rate Tranche in an amount equal to the applicable Funding Amount; provided, however, unless otherwise specified in the related Supplement, for each calendar month, the aggregate of the Fundings, including the Initial Funding Amount for such Series, during such month shall be in a minimum amount equal to the Minimum Monthly Amount and in a maximum amount equal to the Maximum Monthly Amount.
Buyer Agent shall direct, and shall cause the funding by the Beneficial Interest Holders of, the purchase by Buyer from Seller of all such Eligible Options offered by Seller in an amount not to exceed, (i) in the aggregate during the Term, the Maximum Amount, and (ii) in the aggregate for any calendar month during the Term, the Maximum Monthly Amount.
The Maximum Amount and Maximum Monthly Amount will be measured based upon the aggregate Purchase Price paid by Buyer with respect to all Eligible Options purchased under the Purchase Agreement from the commencement of the Term (with respect to the Maximum Amount) or the calendar month (with respect to the Maximum Monthly Amount), through the date of measurement.
Without limiting clause 7.7, any revised Maximum Amount, Minimum Amount, Maximum Monthly Amount or Minimum Monthly Amount will apply to Payment Plans entered into upon expiration of the notice period specified by MyHealthCare.
Buyer Agent shall direct, and shall cause the funding by the Beneficial Interest Holders of, the purchase by Buyer of all Eligible Options offered for sale by Seller up to the Maximum Amount or the Maximum Monthly Amount, as the case may be, subject to the terms and conditions of this Agreement and the Purchase Agreement.
Without limiting clause 7.7, any revised Maximum Amount, Minimum Amount, Maximum Monthly Amount or Minimum Monthly Amount will apply to Payment Plans entered into upon expiration of the notice period specified by DentiCare.
AME(t) = The Actual Monthly Energy (up to but not to exceed the Maximum Monthly Amount set forth on Schedule B, as adjusted) in the month (t) expressed in megawatthours.