Highest definition

Highest means the highest Quotation obtained by the Calculation Agent with respect to the Valuation Date.

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Highest means the highest Quotation obtained by the Calculation Agent with respect to any Valuation Date; or

Highest means, in respect of any Reference Obligation, the highest Quotation obtained by the Calculation Agent for such Reference Obligation with respect to any such Valuation Date.

Examples of Highest in a sentence

• If the rate of interest (determined without regard to the preceding sentence) under this Agreement at any time exceeds the Highest Lawful Rate, the outstanding amount of the Loans made hereunder shall bear interest at the Highest Lawful Rate until the total amount of interest due hereunder equals the amount of interest which would have been due hereunder if the stated rates of interest set forth in this Agreement had at all times been in effect.

• Notwithstanding any other provision herein, the aggregate interest rate charged with respect to any of the Obligations, including all charges or fees in connection therewith deemed in the nature of interest under applicable law shall not exceed the Highest Lawful Rate.

• The Loans comprising each ABR Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

• The Loans comprising each Eurodollar Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

• Accordingly, if any Lender contracts for, charges, or receives any consideration which constitutes interest in excess of the Highest Lawful Rate, then any such excess shall be cancelled automatically and, if previously paid, shall at such Lender’s option be applied to the outstanding amount of the Loans made hereunder or be refunded to the Borrower.

More Definitions of Highest

Highest means, with respect to only one Reference Obligation and only one Valuation Date, the highest Quotation obtained by the Calculation Agent (or in accordance with the definition of “Quotation”) with respect to any Valuation Date;

Highest means the highest Quotation obtained by the Calculation Agent (or in accordance with paragraph (b) of the definition of Quotation) with respect to any Valuation Date; or

Highest when used in Section 4.2(r)(iii) and the definition of “Permitted Encumbrances” with respect to a Subject Well, refers to Subject Well with the highest percentage Net Revenue Interest set forth on Schedule 14.4; provided, however, that, (a) with respect to the Subject Well with the “Well Name” “San ▇▇▇▇ ▇▇ 1 B1”, the “highest” Net Revenue Interest (with respect to such Subject Well) shall be the Net Revenue Interest set forth for such Subject Well in the “NRI APO” column on Schedule 14.4, (b) with respect to the Subject Well with the “Well Name” “▇▇▇▇▇▇▇ 6”, the “highest” Net Revenue Interest (with respect to such Subject Well) shall be the Net Revenue Interest set forth for such Subject Well in the “NRI APO” column on Schedule 14.4, (c) with respect to the Subject Well with the “Well Name” “▇ ▇ ▇▇▇▇▇▇▇ 8”, the “highest” Net Revenue Interest (with respect to such Subject Well) shall be the Net Revenue Interest set forth for such Subject Well in the “NRI APO” column on Schedule 14.4, (d) with respect to the Subject Well with the “Well Name” “EI77 8 WWS”, the “highest” Net Revenue Interest (with respect to such Subject Well) shall be the Net Revenue Interest set forth for such Subject Well in the “NRI APO” column on Schedule 14.4 and (e) with respect to the Subject Well with the “Well Name” “ST904 4 F2B”, the “highest” Net Revenue Interest (with respect to such Subject Well) shall be the Net Revenue Interest set forth for such Subject Well in the “NRI APO” column on Schedule 14.4.

Highest means the highest Quotation obtained by the Calculation Agent (or in accordance with sub-section (b) of the definition of “Quotation”) with respect to each Valuation Date;

Highest means the highest Quotation obtained by the Calculation Agent with

Highest means the highest Quotation obtained by the Calculation Agent (or in accordance with paragraph

Highest means the highest single CDEM Group score for this indicator. ‘Natl Avg’ means the average of all 16 CDEM Group scores for this indicator. ‘Lowest’ means the lowest single CDEM Group score for this indicator.