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that are available for issuance under the Company\u2019s certificate of incorporation or certificate of designation or (iii) the aggregate number or aggregate dollar amount of shares of Common Stock for which the Company has filed any Prospectus Supplement in connection with the Shares (the lesser of (i), (ii) and (iii), the \u201cMaximum Amount\u201d).", "size": 45, "samples": [{"hash": "6AsxzvmIAwz", "uri": "/contracts/6AsxzvmIAwz#maximum-amount", "label": "Equity Distribution Agreement (Nektar Therapeutics)", "score": 37.34770705, "published": true}, {"hash": "a0bVwHNguO0", "uri": "/contracts/a0bVwHNguO0#maximum-amount", "label": "Equity Distribution Agreement (InspireMD, Inc.)", "score": 37.2518806458, "published": true}, {"hash": "aUpKTJ7nzVN", "uri": "/contracts/aUpKTJ7nzVN#maximum-amount", "label": "Equity Distribution Agreement (Aardvark Therapeutics, Inc.)", "score": 37.2217674255, "published": true}], "hash": "842a08a94d8ecd4016f8133e88f7dd5d", "id": 9}, {"snippet_links": 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["minimum-amount-of-each-borrowing-maximum-number-of-borrowings", "Minimum Amount of Each Borrowing; Maximum Number of Borrowings", "Minimum Amount of Each Borrowing; Maximum Number of Borrowings"], ["minimum-amounts", "Minimum Amounts", "Minimum Amounts"], ["minimum-amounts-and-maximum-number-of-eurodollar-tranches", "Minimum Amounts and Maximum Number of Eurodollar Tranches", "Minimum Amounts and Maximum Number of Eurodollar Tranches"]], "related_snippets": [], "updated": "2026-05-10T05:39:37+00:00", "also_ask": ["What negotiation leverage does the Maximum Amount clause provide each party?", "Which drafting elements are essential to prevent circumvention of the Maximum Amount?", "What are the most common risks or loopholes that undermine this clause?", "How does the Maximum Amount clause compare to industry standards or statutory caps?", "What factors do courts consider when determining the enforceability of a Maximum Amount provision?"], "drafting_tip": "Specify the maximum amount clearly to prevent disputes; state whether it includes interest or costs to avoid ambiguity; reference applicable currency to ensure enforceability.", "explanation": "The Maximum Amount clause sets a cap on the total financial liability or payment that one party may be required to make under a contract. Typically, this clause specifies a fixed dollar amount or a formula for calculating the upper limit, and it applies to obligations such as damages, reimbursements, or service fees. By establishing a clear ceiling on potential costs, the clause provides predictability and protects parties from unlimited financial exposure."}, "json": true, "cursor": ""}}