Purchase Limit definition

Purchase Limit means $100,000,000, as such amount may be reduced pursuant to Section 2.01(b). References to the unused portion of the Purchase Limit shall mean, at any time, the Purchase Limit, as then reduced pursuant to Section 2.01(b), minus the then outstanding Capital of Receivable Interests under this Agreement.
Purchase Limit means $900,000,000, as such amount may be reduced from time to time pursuant to Section 1.1(b) or increased from time to time pursuant to Section 1.1(d). References to the unused portion of the Purchase Limit shall mean, at any time, an amount equal to (x) the Purchase Limit at such time, minus (y) the sum of the Aggregate Capital plus the LC Participation Amount.
Purchase Limit has the meaning set forth in Section 1.01.

Examples of Purchase Limit in a sentence

  • In addition to Seller’s rights pursuant to Section 1.3, Seller shall have the right (after providing the Administrator and each Purchaser Agent with at least two (2) Business Days prior notice), at any time following the reduction of the Aggregate Invested Amount to a level that is less than 10.0% of the original Purchase Limit, to repurchase all, but not less than all, of the then outstanding Receivable Interests plus any Broken Funding Costs.


More Definitions of Purchase Limit

Purchase Limit means the maximum percentage of allowances that may be purchased by an entity of a group of affiliated entities at an allowance auction.
Purchase Limit means $200,000,000.
Purchase Limit set forth in Exhibit I to the Agreement is amended by replacing the amount “$100,000,000” therein and substituting the amount “$150,000,000”.
Purchase Limit means $125,000,000.
Purchase Limit means $100,000,000.
Purchase Limit means $525,000,000, as such amount may be modified in accordance with the terms of Section 4.6(b).
Purchase Limit means $50,000,000.