Maximum Principal Amount definition

Maximum Principal Amount means Ten Million and 00/100 Dollars ($10,000,000.00).
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Maximum Principal Amount the meaning set forth in Section 2.1(a).
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Maximum Principal Amount means the maximum principal amount of the Commitment up to which the applicable Lender has agreed to lend funds and/or participate in the issuance of Letters of Credit, as set forth in Schedule 2 attached hereto.
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Examples of Maximum Principal Amount in a sentence

  • Borrower warrants and represents as a continuing warranty, that so long as principal is outstanding under the Line of Credit Note, the outstanding principal balance shall not exceed the lesser of the Maximum Principal Amount or the principal amount stated in the Line of Credit Note (the "Borrowing Limit").

  • The aggregate unpaid principal amount at any one time outstanding of all Advances shall not exceed the lesser of the Maximum Principal Amount or the Borrowing Base in effect as of the date of determination.

  • Borrower acknowledges that Lender may, but shall not be obligated to, make an Advance at any time in an amount equal to any overdraft in any account of Borrower maintained with Lender or any Participant even if the aggregate unpaid principal amount of Advances exceeds or would exceed the Borrowing Base or the Maximum Principal Amount.

  • The principal amount of the Notes will be the Maximum Principal Amount; provided, however, that notwithstanding the face amount of the Notes, Borrowers’ liability under the Notes shall be limited at all times to the actual indebtedness (principal, interest and fees) then outstanding and owing by Borrowers to Agent and Lenders hereunder.

  • Upon the issuance of any such Additional Class A Notes, the Class A Maximum Principal Amount shall be increased by the Class A Maximum Investor Group Principal Amount for any such Class A Investor Group or the amount of any such Class A Investor Group Maximum Principal Increase, as applicable.


More Definitions of Maximum Principal Amount

Maximum Principal Amount has the meaning ascribed to such term in Schedule I hereto.
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Maximum Principal Amount shall have the same meaning as the term Loan Commitment Amount.
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Maximum Principal Amount means Twenty-Five Million and 00/100 Dollars ($25,000,000.00).
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Maximum Principal Amount means, collectively, the Maximum Term Principal Amount, the Term Loan #2 Maximum Principal Amount, the Advancing Term Loan Maximum Principal Amount and the Maximum Revolving Principal Amount.
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Maximum Principal Amount means the sum of (a) the aggregate principal amount of Old Notes tendered pursuant to the Exchange Offer and not withdrawn and (b) the interest accrued on such Old Notes from August 1, 1999, through the day before the date the Exchange Offer is consummated.
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Maximum Principal Amount means the maximum principal amount of the Bonds authorized to be issued pursuant to this Contract, which shall be $40,000,000. Refunding Bonds shall not be considered in the calculation of the Maximum Principal Amount.
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Maximum Principal Amount means the sum of the Class A Maximum Principal Amount, Class B Maximum Principal Amount and Class C Maximum Principal Amount.
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