Maximum Commitment. The maximum aggregate amount payable by NYSERDA to the Contractor shall be the amount appearing at Item 5 of page one of this Agreement. NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Contractor in the performance and completion of the Work.
Maximum Commitment. “TARGOCF will set a maximum limit for each of Constellium Singen GmbH, Constellium Extrusions Deutschland GmbH, Constellium Valais S.A, Constellium Extrusions Děčin s.r.o., Constellium Rolled Products Singen GmbH & Co. KG, whereby the total aggregate Maximum Commitment under the respective factoring agreements between TARGOCF and Constellium Singen GmbH, Constellium Extrusions Deutschland GmbH, Constellium Valais S.A., Constellium Extrusions Děčin s.r.o. and Constellium Rolled Products Singen GmbH & Co. KG amounts to 150.000.000.00 EUR (one hundred fifty million Euro). The respective Maximum Commitment can be changed upon request of the respective originator(s).”
Maximum Commitment. Should the unpaid Revolving Principal Balance at any time exceed the Maximum Commitment, Lender’s obligation to fund any Advances shall immediately cease. After Lender notifies Borrower in writing of the deficiency, Borrower shall, within ten (10) Business Days from and after the giving of such notice, prepay the Debt in an amount sufficient to reduce the Revolving Principal Balance to an amount equal to or less than the Maximum Commitment.
Maximum Commitment. The maximum aggregate amount payable by NYSERDA to the Contractor shall be the amount presently obligated and available for payment under the Agreement $ , representing funding for the Stage 1 effort. NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Contractor in the performance and completion of the Work. If NYSERDA decides to fund the Stage 2 effort for $ amount payable by NYSERDA to the Contractor shall be $ ,the maximum aggregate and NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Contractor in the performance and completion of the Work. If NYSERDA decides to fund the Stage 3 effort for $ amount payable by NYSERDA to the Contractor shall be $ ,the maximum aggregate and NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Contractor in the performance and completion of the Work.
Maximum Commitment. Delete the ------------ ------------------ ------ amount "$1,191,478" and Substitute the amount "$1,448,056". ----------
Maximum Commitment. The maximum aggregate amount payable by NYSERDA to the Grant Recipient shall be the amount appearing on page one of this Agreement. Payment of the maximum shall be contingent upon Grant Recipient’s continued compliance with the capital commitment minimum described in Section IV.A.1. NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Grant Recipient in the performance and completion of the Project.
Maximum Commitment. Section 1.2 The Maximum Commitment means an amount equal to the lesser of (a) Five Million Dollars ($5,000,000), or (b) the Advance Rate.
Maximum Commitment. The aggregate outstanding principal amount of the Revolving Loans made to Borrower at any one time (the “Maximum Commitment”) shall not exceed the lesser of:
Maximum Commitment. The Bank agrees to extend the following credit term facilities: (a) a term loan (the "Term Loan") in the original principal amount of $20,600,000, evidenced by the Second Amended and Restated Term Promissory Note dated as of the date hereof in the amount of $12,800,000, payable by the Company to the Bank in 19 equal quarterly installments of principal of $600,000 plus interest commencing August 1, 2006 and terminating on March 1, 2011 (the "Term Loan Maturity Date") pursuant to the terms thereof and Section 1.4 hereof (the "Term Note"), (b) a revolving loan in the original principal amount of $15,000,000 pursuant to the terms of a Second Amended and Restated Revolving Credit Note dated as of the date hereof (the "Revolving Note") and (c) a term loan in the maximum amount of $2,375,000 pursuant to the terms of a Draw Promissory Note dated as of the date hereof (the "Draw Note" and, collectively with the Revolving Note and the Term Note, the "Notes"). The maximum amount of all outstanding Loans of the Bank to the Company under this Agreement shall not exceed $30,175,000 (the "Maximum Commitment"). The Maximum Commitment of the Bank as adjusted from time to time is hereinafter called the "Commitment" of the Bank.
Maximum Commitment. Subject to Optional Repayment, set forth in Section 2.6 below, the outstanding principal amount of all Advances then outstanding hereunder shall not exceed the Maximum Commitment.
