Maximum Draw Amount definition

Maximum Draw Amount means, at any time, the sum of the Borrowing Base plus (solely to the extent not included in the calculation of the Borrowing Base) the aggregate Principal Collections received but not distributed pursuant to Section 2.04; provided that the Maximum Draw Amount shall not be increased by any Available Collections or other amounts if at any time such Available Collections or other amounts are rescinded, unavailable for distribution or must be returned for any reason.

Maximum Draw Amount means, at any time and utilizing Dollar Equivalents, the sum of the Borrowing Base plus (solely to the extent not included in the calculation of the Borrowing Base) the aggregate Principal Collections received and distributed as repayment of principal amounts of Advances Outstanding pursuant to Section 2.04 at or (without duplication of any amounts previously distributed) prior to such time and any other amounts received by the Lenders to repay the principal amounts of Advances Outstanding pursuant to Section 2.18 or otherwise at or prior to such time; provided that the Maximum Draw Amount shall not be increased by any Available Collections or other amounts if at any time such Available Collections or other amounts are rescinded, unavailable for distribution or must be returned for any reason.

Maximum Draw Amount means, at any time, the sum of the Borrowing Base plus (solely to the extent not included in the calculation of the Borrowing Base) the aggregate Principal Collections received and distributed as repayment of principal amounts of Advances Outstanding pursuant to Section 2.04 at or (without duplication of any amounts previously distributed) prior to such time and any other amounts received by the Lenders to repay the principal amounts of Advances Outstanding pursuant to Section 2.18 or otherwise at or prior to such time; provided that the Maximum Draw Amount shall not be increased by any Available Collections or other amounts if at any time such Available Collections or other amounts are rescinded, unavailable for distribution or must be returned for any reason.

Examples of Maximum Draw Amount in a sentence

• Upon receipt by Guarantor of a written notice signed by authorized representatives of Company and Contractor, respectively, that Project Completion has occurred, the Maximum Draw Amount under this Bond shall be reduced to $ .

• At any time, (a) the Total Commitment minus (b) the Dollar Equivalent of the aggregate principal amount outstanding of all Loans outstanding at such time, minus (c) the Dollar Equivalent of the Maximum Draw Amount, minus (d) the Dollar Equivalent of all Unpaid Reimbursement Obligations.

• The ACP Group had requested information on five Commission initiatives dealing with the use of pesticides, nickels substances, fisheries cold chain requirements, the renewable energy directive and the FLEGT licensing system.

• At any time, (a) the Total Domestic Commitment minus (b) the aggregate principal amount outstanding of all Domestic Revolving Credit Loans outstanding at such time minus (c) the Dollar Equivalent of the Maximum Draw Amount minus (d) the Dollar Equivalent of all Unpaid Reimbursement Obligations.

• All liabilities of LTI and its Subsidiaries determined on a consolidated basis without duplication in accordance with GAAP and classified as such on the consolidated balance sheet of LTI and its Subsidiaries plus the Maximum Draw Amount of any Letters of Credit minus any consolidated balance sheet liability of LTI and its Subsidiaries related to Consolidated Capitalized Leases.

More Definitions of Maximum Draw Amount

Maximum Draw Amount means $36,000,000.

Maximum Draw Amount means (i) $100,000,000 from and after the Closing Date, (ii) $150,000,000 from and after May 1, 2017 if, on May 1, 2017, no Cash Flow Sweep Period is then in effect, and (iii) $200,000,000 from and after September 1, 2017 if, on September 1, 2017, no Cash Flow Sweep Period is then in effect.

Maximum Draw Amount is defined in Section LTC-3.1.

Maximum Draw Amount means the maximum amount available to be drawn under all outstanding Standby Letters of Credit as of the Maturity Date.

Maximum Draw Amount means U.S.$40,000,000.

Maximum Draw Amount means U.S.$15,000,000 for the period prior to and including March 15, 2014 and U.S.$25,000,000 for the period after March 15, 2014.

Maximum Draw Amount means $50,000,000.