Common use of Maximum Commitment Clause in Contracts

Maximum Commitment. The Maximum Commitment means an amount equal to the lesser of (a) Five Million Dollars ($5,000,000), or (b) the Advance Rate.

Appears in 2 contracts

Sources: Factoring Agreement (Southwall Technologies Inc /De/), Domestic Factoring Agreement (Southwall Technologies Inc /De/)

Maximum Commitment. The Maximum Commitment maximum commitment means an amount equal to the lesser of (a) Five Six Million Dollars ($5,000,0006,000,000), or (b) the Advance Rate.”

Appears in 1 contract

Sources: Domestic Factoring Agreement