Maximum Commitment Amount definition

Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

Maximum Commitment Amount means Five Million Dollars ($5,000,000).

Maximum Commitment Amount means Ten Million Dollars ($10,000,000).

Examples of Maximum Commitment Amount in a sentence

• If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Put and the Purchase Price with respect to such Put shall be reduced by any Clearing Costs related to the return of such Put Shares.

• At any time and from time to time during the Commitment Period, the Company may deliver a Put Notice to Investor, subject to the conditions set forth in Section 7.2; provided, however, that the Investment Amount identified in the applicable Put Notice, when taken together with all prior Put Notices, shall not exceed the Maximum Commitment Amount.

• If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then immediately after the Valuation Period the Investor shall return to the Company the surplus amount of Put Shares associated with such Put and the Purchase Price with respect to such Put shall be reduced by any Clearing Costs related to the return of such Put Shares.

• At the end of the Valuation Period the Purchase Price shall be established; if the value of the Put Shares initially delivered to Investor is greater than the Maximum Commitment Amount then immediately after the Valuation Period the Investor shall deliver to Company the Put Shares surplus associated with such Put.

• Upon the terms and subject to the conditions set forth in this Agreement, the Company shall to the extent it elects to make Draw Downs in accordance with Article III hereof, issue and sell to the Investor and the Investor shall purchase Common Stock from the Company for an aggregate (in Draw Down Amounts) of up to the Maximum Commitment Amount, consisting of purchases based on Draw Downs in accordance with Article III hereof.

More Definitions of Maximum Commitment Amount

Maximum Commitment Amount means Ten Million Dollars ($10,000,000.00).

Maximum Commitment Amount means One Million Dollars ($1,000,000).

Maximum Commitment Amount means Fifteen Million Dollars ($15,000,000).

Maximum Commitment Amount means $___________ [insert maximum AR Lender revolving loan commitment amount, inclusive of any contemplated letter of credit amounts, approved by HUD’s Office of Residential Care Facilities (ORCF)].

Maximum Commitment Amount means TWENTY MILLION DOLLARS ($20,000,000).

Maximum Commitment Amount means Two Million Dollars ($2,000,000.00).

Maximum Commitment Amount means the lesser of (i) $40 million in aggregate Draw Down Amounts or (ii) such number of shares of Common Stock (as adjusted for stock splits, stock combinations, stock dividends and recapitalizations that occur on or after the date of this Agreement) that the Company may issue pursuant to this Agreement and the transactions contemplated hereby without violating the rules and regulations of the Principal Market.