Authorization Amount definition

Authorization Amount refers to the amount debited from your Account at point of purchase/payment for goods/services at eCommerce websites or Point-of-Sale (POS) terminals within or outside Samoa, corresponding to the amount of the purchase/payment you make, including any applicable transaction fee, or its equivalent in allowable currency.
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Authorization Amount means an uncommitted credit authorization to Borrowers under Section 2.1(b) in the principal sum not to exceed $3,000,000, in the aggregate at any time outstanding.
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Authorization Amount means $1,500,000 from the date hereof until the Initial Maturity Date, which amount shall thereafter be reduced on the first Business Day of each March, June, September, and December thereafter, beginning with the first such date thereafter by the amounts required to be paid under paragraph 5(a), and shall be further reduced by any payments received by the Bank under paragraph 5(d).
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Examples of Authorization Amount in a sentence

  • Use of these automatic transfers may also result in multiple transfers into your Secured Account if, among other reasons, the final Transaction amount exceeds the Authorization Amount.

  • Valley Water Unit Manager(s) is authorized to approve individual Task Orders in an amount not-to-exceed $ [Authorization Amount].

  • All Equipment will be shipped to Customer with the following device default settings: (a) Single-Vend – OFF; (b) Multi-Vend – ON; (c) Cash – ON and (d) DEX – OFF (e) Standard and Maximum Pre- Authorization Amount $5.00.

  • In the event the Authorization Amount is lower than the Posted Amount, you agree that any shortfall shall be automatically debited from your Account.

  • District Unit Manager(s) is authorized to approve individual Task Orders in an amount not-to-exceed $ [Authorization Amount].

  • When the Bank gives an authorization, it reduces the available balance in your Account equivalent to the Authorization Amount.

  • Central Texas Regional Mobility Authority Subprovider Monitoring System for Federally Funded Contracts Progress Assessment Report for month of (Mo./Yr.) / Contract #: Original Contract Amount: Date of Execution: Approved Supplemental Agreements: Prime Provider: Total Contract Amount: Work Authorization No. Work Authorization Amount: If no subproviders are used on this contract, please indicate by placing “N/A” on the 1st line under Subproviders.

  • Section 2.1 Authorization, Amount, Terms and Issuance of Bonds...........................................

  • The Company will authorize the issuance of up to an aggregate of the Warrant Authorization Amount of warrants (the "Warrants") to purchase shares of Common Stock.

  • If the principal balance outstanding under Section 2.1 plus the face amount of all outstanding L/Cs exceeds the lesser of (i) the Commitment plus the Authorization Amount or (ii) the Borrowing Base at any time, the Borrowers shall immediately prepay the amount of such excess to the Bank.


More Definitions of Authorization Amount

Authorization Amount means the amount available to the Borrowers, in NBD's sole discretion, under Section 2.1(b), which shall not in any event exceed $2,000,000.
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Related to Authorization Amount

  • Designation Amount has the meaning provided in the definition of Unrestricted Subsidiary.

  • Transaction Amount means the aggregate value of all of the issued and outstanding REIT Shares using a per share value equal to the per share value paid to the Stockholders in an Extraordinary Transaction. Transfer has the meaning set forth in Section 9.2(a) hereof. Value means, with respect to REIT Shares, the average of the daily market price of such REIT Share for the ten (10) consecutive trading days immediately preceding the date of such valuation. The market price for each such trading day shall be: (i) if the REIT Shares are Listed, the sale price, regular way, on such day, or if no such sale takes place on such day, the average of the closing bid and asked prices, regular way, on such day; (ii) if the REIT Shares are not Listed, the last reported sale price on such day or, if no sale takes place on such day, the average of the closing bid and asked prices on such day, as reported by a reliable quotation source designated by the General Partner; or (iii) if the REIT Shares are not Listed and no such last reported sale price or closing bid and asked prices are available, the average of the reported high bid and low asked prices on such day, as reported by a reliable quotation source designated by the General Partner, or if there shall be no bid and asked prices on such day, the average of the high bid and low asked prices, as so reported, on the most recent day (not more than ten (10) days prior to the date in question) for which prices have been so reported; provided that if there are no bid and asked prices reported during the ten (10) days prior to the date in question, the value of the REIT Shares shall be determined by the General Partner acting in good faith on the basis of such quotations and other information as it considers, in its reasonable judgment, appropriate. In the event the REIT Shares Amount includes rights that a holder of REIT Shares would be entitled to receive, then the value of such rights shall be determined by the General Partner acting in good faith on the basis of such quotations and other information as it considers, in its reasonable judgment, appropriate.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Class M-9 Principal Distribution Amount With respect to any Distribution Date, the excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Class A Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (v) the Certificate Principal Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date), (vii) the Certificate Principal Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount on such Distribution Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates (after taking into account the distribution of the Class M-7 Principal Distribution Amount on such Distribution Date), (ix) the Certificate Principal Balance of the Class M-8 Certificates (after taking into account the distribution of the Class M-8 Principal Distribution Amount on such Distribution Date) and (x) the Certificate Principal Balance of the Class M-9 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) the applicable Subordination Percentage and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period over the Overcollateralization Floor Amount.

  • Class M-1 Principal Distribution Amount An amount equal to the excess of (x) the sum of (i) the Certificate Principal Balance of the Class A Certificates (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date) and (ii) the Certificate Principal Balance of the Class M-1 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 51.90% and (ii) the aggregate Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the excess of the aggregate Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over $1,615,272.