Formula Amount definition

Formula Amount shall have the meaning set forth in Section 2.1(a).
Formula Amount has the meaning given such term in Section 2(a)(i).
Formula Amount has the meaning set forth in Section 2(a)(i).

Examples of Formula Amount in a sentence

  • The aggregate balance of Revolving Advances plus Swing Loans outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit or (b) the Formula Amount.

  • The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit.

  • The amount derived at any time from Section 2(a)(i)(y)(I) minus 2(a)(i)(y)(II) shall be referred to as the "Formula Amount".

  • The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount or (b) the Formula Amount.

  • The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the Maximum Undrawn Amount of all issued and outstanding Letters of Credit or (b) the Formula Amount.


More Definitions of Formula Amount

Formula Amount. As to each Anniversary Determination Date, the greater of (i) $100,000 and (ii) the product of (x) 0.06% and (y) the Scheduled Principal Balance of each Mortgage Loan remaining in the Mortgage Pool whose original principal balance was 75% or greater of the Original Value thereof.
Formula Amount means the mean fee for a procedure plus
Formula Amount has the meaning set forth in Section 2(a).
Formula Amount shall have the meaning set forth in Section 2(d).
Formula Amount means, as of the date of any determination thereof, the sum of:
Formula Amount shall have the meaning set forth in paragraph 2(a).
Formula Amount means the base cost for the fiscal year specified in division (B)(4) of section 3317.012 of the Revised Code.