Maximum Offer definition

Maximum Offer as defined in Section 2.4(b).
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Maximum Offer has the meaning assigned to that term in Section 2.03(b).
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Maximum Offer means the maximum aggregate amount of Bid Loans for all Interest Periods which are offered by a Bank pursuant to a particular Bid.
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Examples of Maximum Offer in a sentence

  • The aggregate Portions of Competitive Bid Loans for any or all Competitive Interest Periods offered by each Lender in its Competitive Bid may exceed the Maximum Request contained in the relevant Competitive Bid Request, provided that each Competitive Bid shall set forth the maximum aggregate amount of the Competitive Bid Loans offered thereby which the Borrower may accept (the "Maximum Offer"), which Maximum Offer shall not exceed the Maximum Request.

  • The aggregate principal amount of Competitive Bid Loans accepted by the Borrower pursuant to a Lender's Competitive Bid shall not exceed the Maximum Offer therein contained.

  • The Purchaser may increase the Maximum Offer Amount at any time, and from time to time, prior to the fifth Business Day after the Administrative Agent has initially determined the Clearing Price (as defined below).

  • Tenant shall notify Landlord in the Acceptance Notice whether Tenant accepts or disputes Landlord’s Maximum Offer Determination, and if Tenant disputes Landlord’s Maximum Offer Determination, the Acceptance Notice shall set forth Tenant’s good faith determination of the Fair Offer Rental for such ROFO Space, which shall constitute the minimum that Tenant can claim as the Fair Offer Rental for such ROFO Space in any arbitration thereof (“Tenant’s Minimum Offer Determination”).

  • In the event that the aggregate principal amount of Term Loans for which validly tendered Sale Offers have been received exceeds the relevant Maximum Offer Amount, the Purchaser will purchase all Term Loans tendered (i) below the Threshold Price, without proration at the applicable Bid Price and (ii) at the Threshold Price, on a pro rata basis up to the Maximum Offer Amount at the Threshold Price.

  • The Administrative Agent, in consultation with the Purchaser, will select the lowest purchase price for each Purchase Offer of Term Loans denominated in a single currency (the “Threshold Price”), that will allow the Purchaser to purchase the Maximum Offer Amount for such Term Loans.

  • The aggregate principal amount of Competitive Loans accepted by the Borrower pursuant to a Lender's Competitive Bid shall not exceed the Maximum Offer therein contained.

  • The aggregate Portions of Competitive Loans for any or all Interest Periods offered by each Lender in its Competitive Bid may exceed the Maximum Request contained in the relevant Competitive Bid Request, provided that each Competitive Bid shall set forth the maximum aggregate amount of the Competitive Loans offered thereby which the Borrower may accept (the "Maximum Offer"), which Maximum Offer shall not exceed the Maximum Request.

  • The Purchaser will not have any obligation to purchase any Term Loans outside of the range specified by the applicable Borrower(s) in the Offer Document nor will any such Sale Offers (as defined below) tendered outside such range be considered in any calculation of the Threshold Price or satisfaction of the Maximum Offer Amount.

  • However, each Bid shall set forth the Maximum Offer which the applicable Borrower may accept pursuant to such Bid, and such Maximum Offer shall not exceed the Maximum Request.


More Definitions of Maximum Offer

Maximum Offer as defined in Section 2.4(b). "Maximum Request": as defined in Section 2.4(a). "Moody's": M▇▇▇▇'▇ Investors Service, Inc., or any successor thereto. "Multiemployer Plan": a multiemployer plan as defined in Section 4001(a)(3) of ERISA. "Non-Extending Lender": as defined in Section 2.14(a)(ii). "Note": with respect to each Lender in respect of such Lender's Revolving Credit Loans and Competitive Bid Loans, a promissory note, substantially in the form of Exhibit B, payable to the order of such Lender; each such promissory note having been made by the Borrower and dated the Closing Date, including all replacements thereof and substitutions therefor. "Notice of Conversion/Continuation": a notice substantially in the form of Exhibit I. "Participant": as defined in Section 11.6(e). "PBGC": the Pension Benefit Guaranty Corporation referred to and defined in ERISA and any successor entity performing similar functions. "Permitted Liens": Liens permitted to exist under Section 8.1. "Person": any individual, firm, partnership, joint venture, corporation, association, business enterprise, limited liability company, joint stock company, unincorporated association, trust, Governmental Authority or any other entity, whether acting in an individual, fiduciary, or other capacity, and for the purpose of the definition of "ERISA Affiliate", a trade or business. "Plan": any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which the Borrower, any Subsidiary or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an "employer" as defined in Section 3(5) of ERISA. "Portion": as defined in Section 2.4(b). "Pricing Level": Pricing Level I, Pricing Level II, Pricing Level III, Pricing Level IV, Pricing Level V, or Pricing Level VI, as the context may require. "Pricing Level I": any time when (i) no Event of Default has occurred and is continuing, and (ii) the Senior Debt Rating is A+ or higher by S&P or A1 or higher by Moody's. "Pricing Level II": any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is A- or higher by S&P or A3 or higher by Moody's and (iii) Pricing Level I does not apply.
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