Minimum Aggregate Amount definition

Minimum Aggregate Amount means any amount specified as such in the Borrowing Base Terms;
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Minimum Aggregate Amount and "Minimum Annual Amount" shall be as defined in Section 3.2 hereof, calculated and credited in accordance with Sections 3.3 and 3.4 hereof.
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Examples of Minimum Aggregate Amount in a sentence

  • Banked Credits may be used only one time against a Minimum Annual Amount, and will also be a credit against the Minimum Aggregate Amount.

  • Notwithstanding the provisions of this Section 1(a), the Company shall have the right to specify in the Notice provided pursuant to this paragraph, in its sole discretion, an amount below the Specified Amount (but no less than the Minimum Aggregate Amount) that the Company is willing to offer, issue and sell to the Purchaser at the Forward Closing.

  • Subject to the conditions and any suspension or early termination provided in Article 2 hereof, and the early termination and termination provisions of Article 6 hereof, Company and its Affiliates will request Services from Contractor at least in the Minimum Aggregate Amount and Minimum Annual Amount as defined and determined in accordance with this Article 3.

  • Each amount to be calculated and credited as set forth for any single item as described in Section 3.4(a) through (e) and (g) above will be credited only one time against both the Minimum Annual Amount and the Minimum Aggregate Amount.

  • Each amount to be calculated and credited as set forth for any single item as described in Section 3.4(f) above will be credited only one time against the Minimum Aggregate Amount.

  • Early termination of this Agreement under Section 2.4, 6.2, 6.3, or 6.4 shall relieve Company of all liabilities and obligations hereunder, including any obligations with respect to the Minimum Aggregate Amount as set forth in Section 4.1(b), but shall not relieve Company of any obligations with respect to amounts due and unpaid with respect to the Minimum Annual Amount under Section 4.1(a) which may have accrued up to the date of termination.

  • Any credits allocable to a calendar year under Section 3.4 which exceed the Minimum Annual Amount for that calendar year ("Banked Credits") will carry over from year to year and be credited against the Minimum Annual Amount for subsequent calendar years and against the Minimum Aggregate Amount.

  • The amount of each such payment shall be based upon the amount under the Earn-Out Formula which was earned during the calendar quarter year then ending; provided, however, that such payments shall be adjusted so that in no event shall the aggregate of such payments of Deferred Per Common Share Merger Consideration paid be less than the Per Share Minimum Aggregate Amount as of the Anniversary Date of the Closing set forth below (the "Per Share Minimum Aggregate Amount").

  • Within five (5) Business Days after receipt of such notice, each Purchaser will notify the Company of whether it elects, in its sole discretion, to accept such offer, and shall specify the amount (the “Specified Amount”) of Forward Purchase Shares that the Purchaser is willing to subscribe for and purchase at the Forward Closing (as defined below); provided, that the Specified Amount shall not be less than the Minimum Aggregate Amount, without the prior written agreement of the Company.

  • This Agreement shall terminate at such time as the sum of the credits described in Section 3.4 equals or exceeds the Minimum Aggregate Amount of $ 130,000,000.

Related to Minimum Aggregate Amount

  • Maximum Aggregate Purchase Price has the meaning assigned to such term in the Pricing Side Letter.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • 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.

  • Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: The date that is six months following the Original Effective Date December 20, 2018 60% of the Financing Commitment December 21, 2018 March 20, 2019 65% of the Financing Commitment March 21, 2019 Day prior to the last day of the Ramp-Up Period 75% of the Financing Commitment The last day of the Ramp-Up Period The last day of the Reinvestment Period 85% of the Financing Commitment