Program Amount Sample Clauses
The Program Amount clause defines the maximum aggregate value or limit for a particular program, such as a financing arrangement, credit facility, or issuance of securities. It specifies the total amount that can be utilized or outstanding at any given time under the program, often applying to all transactions or issuances made pursuant to the agreement. This clause ensures that the parties have a clear understanding of the financial boundaries of the program, thereby managing risk and preventing overextension beyond agreed limits.
Program Amount. The amount of the Program may be duly authorized by the Issuer to be increased. Upon any increase being effected, all references in this Agreement to the amount of the Program shall be deemed to be references to the increased amount.
Program Amount. The Issuer may issue Bonds under the Program with an aggregate principal amount not to exceed [U.S.$250,000,000.00 (two hundred and fifty million and 00/100 Dollars)] (the "PROGRAM AMOUNT"), which amount may be increased by the agreement of the Issuer, the Common Representative and the Structuring Entity, without the consent of the Bondholders, any General Meeting or any Special Meeting.
Program Amount. The Company shall have the right, in its sole discretion, to amend at any time and from time to time any Transaction Notice subject to compliance with the limitations set forth in this Agreement; provided, however, that (i) the Company may not amend the Issuance Amount or Forward Hedge Amount, as the case may be, if such amended Issuance Amount or Forward Hedge Amount, as applicable, is less than the Actual Sold Issuance Amount or Actual Sold Forward Amount, as the case may be, as of the date of such amendment; (ii) the Company may not amend the “Number of Days in the Issuance Selling Period” or “Number of Days in the Forward Hedge Selling Period,” as the case may be, if such amended “Number of Days in the Issuance Selling Period” or “Number of Days in the Forward Hedge Selling Period,” as applicable, is less than the number of days that have previously transpired (in whole or on part) in such Selling Period as of the date of such amendment; (iii) the Company shall not have the right to amend a Transaction Notice initially specifying that it relates to a “Forward” to be a Transaction Notice specifying that it relates to an “Issuance”; (iv) the Company shall not have the right to amend a Transaction Notice initially specifying that it relates to an “Issuance” to be a Transaction Notice specifying that it relates to a “Forward”; and (v) no reduction in the Floor Price shall cause any sales of Shares executed pursuant to such Transaction Notice prior to the date of receipt of such amendment to be a breach of the terms hereof.
Program Amount. The "Program Amount" applicable to a Good shall be the sum of the Up Front Allowance and the Quarterly Rebate (as such terms are herein defined) applicable to such Good.