Examples of Maximum Available Amount in a sentence

This Agreement sets out the terms and conditions upon which the Lender agrees to make available to the Borrower a loan facility in an amount not exceeding the Maximum Available Amount, in a single advance for the purposes of enabling the Borrower to partly finance the acquisition cost of the Vessel, upon and subject to the terms and conditions of this Agreement.

More Definitions of Maximum Available Amount

Maximum Available Amount means, at any date, an amount equal to the lesser of (a) the aggregate Revolving Credit Commitments as of such date, and (b) the Borrowing Base as of such date.

Maximum Available Amount means, on any date of determination, without duplication, an amount equal to the least of:

Maximum Available Amount means at any time and from time to time, the Aggregate Commitment at such time.

Maximum Available Amount means, with respect to any Letter of Credit at any time, the maximum amount the beneficiary of such Letter of Credit may draw thereunder at such time, as such amount may be reduced from time to time pursuant to the terms of such Letter of Credit.

Maximum Available Amount means, subject to adjustment pursuant to Section 6.4(c), US$300,000,000.

Maximum Available Amount shall have the meaning given to that term in Clause 2.1(a).

Maximum Available Amount means, as of any date of determination, the amount that may be drawn under the Letters of Credit (whether or not the beneficiary thereof shall have presented, or shall be entitled at such time to present, the drafts or other documents required to draw under the Letters of Credit).