Available Amount definition
Available Amount of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such time (assuming compliance at such time with all conditions to drawing).
Available Amount means, at any time, an amount equal to, without duplication:
Available Amount means, as at any time of determination, an amount, not less than zero in the aggregate, determined on a cumulative basis, equal to, without duplication:
Examples of Available Amount in a sentence
Each Advance Request shall include a representation by the Borrower that the requested Advance will not, on the Advance Date, exceed the applicable Available Amount and a representation that all conditions precedent to the making of such Advance have been satisfied.
More Definitions of Available Amount
Available Amount means, at any time (the “Available Amount Reference Time”), an amount (which shall not be less than zero) equal to the sum of:
Available Amount means, on any date of determination, a cumulative amount equal to (without duplication):
Available Amount means, with respect to any Payment Date, the sum of Available Interest and Available Principal.
Available Amount means initially Ten Million Dollars ($10,000,000) in the aggregate which amount shall be reduced by the Purchase Amount each time the Buyer purchases shares of Common Stock pursuant to Section 1 hereof.
Available Amount means, initially, Fifteen Million Dollars ($15,000,000) in the aggregate, which amount shall be reduced by the Purchase Amount each time the Investor purchases shares of Common Stock pursuant to Section 2 hereof.
Available Amount means, at any time (the “Reference Date”), the sum of:
Available Amount means, on any date (the “Determination Date”), an amount equal to: