Material Amount Sample Clauses
The 'Material Amount' clause defines a specific threshold or value that determines when a financial or quantitative matter is significant enough to trigger certain rights, obligations, or disclosures under an agreement. In practice, this clause sets a minimum dollar amount or percentage, so that only transactions, losses, or changes exceeding this threshold are considered material for purposes such as reporting, indemnification, or breach. By establishing a clear standard for materiality, the clause helps prevent disputes over minor or insignificant issues and ensures that parties focus on matters of real consequence.
Material Amount. An amount, as of the date of estimation or determination, equal to $200,000.00 or more.
Material Amount. As of the date of determination, an amount equal to 5% --------------- of OPAD of the Borrower for the immediately preceding four (4) quarter period.
Material Amount. See Section 5.4(a).
Material Amount. See Section 5.3(a). --------------- Maximum Commitment. $2,500,000. ------------------
Material Amount. There is no fact known to the Borrower that could reasonably be expected to have a Material Adverse Effect that has not been expressly disclosed herein, in the other Loan Documents or in any other documents, certificates and statements furnished to the Administrative Agent and the Lenders for use in connection with the transactions contemplated hereby and by the other Loan Documents.
Material Amount. No Claim may be made by any Party hereunder unless the amount of any such Claim is equal to or exceeds Cdn. $500.