Maximum Outstanding Balance definition

Maximum Outstanding Balance means U.S. $600,000,000 (or, in the sole discretion of the Purchaser, such amount in excess thereof as communicated in writing by Purchaser to Seller; provided, that, the fact that the Purchaser has increased the Maximum Outstanding Balance above U.S. $600,000,000 shall not preclude the Purchaser from, by written notice to the Seller, thereafter reducing the Maximum Outstanding Balance (provided, that it may not be reduced below U.S. $600,000,000)).
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Maximum Outstanding Balance means Cdn. $250,000,000 (or, in the sole discretion of the Purchaser, such amount in excess thereof as communicated in writing by Purchaser to Seller; provided, that, the fact that the Purchaser has increased the Maximum Outstanding Balance above Cdn. $250,000,000 shall not preclude the Purchaser from, by written notice to the Seller,
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Maximum Outstanding Balance means, with respect to any calendar month, the amount set forth on Schedule 13.5 hereto opposite such month under the column “Maximum Outstanding Balance.”
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Examples of Maximum Outstanding Balance in a sentence

  • Namaqua agrees to loan up to $130,000 (the "Maximum Outstanding Balance") to Radio Metrix for inventory (raw and finished) for Parking Barrier Boom Sensors during the term of this Agreement.

  • For purposes hereof the “Required Amortization Amount” for any Mandatory Payment Date shall be equal to the amount necessary to cause both the Maximum Debt to Value Ratio and the Maximum Outstanding Balance of the Notes for the month then ended to not exceed the amounts therefor set forth opposite such month on Schedule 13.5 hereto.


More Definitions of Maximum Outstanding Balance

Maximum Outstanding Balance means Cdn. $250,000,000 (or, in the sole discretion of the Purchaser, such amount in excess thereof as communicated in writing by Purchaser to Seller; provided, that, the fact that the Purchaser has increased the Maximum Outstanding Balance above Cdn. $250,000,000 shall not preclude the Purchaser from, by written notice to the Seller, thereafter reducing the Maximum Outstanding Balance (provided, that it may not be reduced below Cdn. $250,000,000.
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Related to Maximum Outstanding Balance

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Total Outstanding Amount means at any time the aggregate outstanding principal amount of the Loans at such time after giving effect, if one or more Loans are being made at such time, to any substantially concurrent application of the proceeds thereof to repay other Loans.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Aggregate Outstanding Principal Balance means, as of any date of determination, the sum of the Outstanding Principal Balances of each Class outstanding on such date.

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

  • Principal Outstanding means the principal amount of the Loan outstanding as on the date of occurrence of Insured Event less the portion of principal component included in the EMIs payable but not paid from the date of the loan agreement till the date of the Insured Event/s. For the purpose of avoidance of doubt, it is clarified that any EMIs that are overdue and unpaid to the Bank prior to the occurrence of the Insured Event will not be considered for the purpose of this Policy and shall be deemed as paid by the Insured.

  • Aggregate Outstanding Principal Amount means the sum of the Outstanding Principal Amounts with respect to all Series of Notes.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Cumulative Outstanding Principal Amount means the aggregate principal amount of each series of Bonds issued and Outstanding from time to time in accordance with the provisions of this Ordinance, as reflected in the records maintained by the Registrar as provided in this Ordinance.

  • Aggregate Revolver Outstandings means, at any date of determination: the sum of (a) the unpaid balance of Revolving Loans, (b) the aggregate amount of Pending Revolving Loans, (c) one hundred percent (100%) of the aggregate undrawn face amount of all outstanding Letters of Credit, and (d) the aggregate amount of any unpaid reimbursement obligations in respect of Letters of Credit.

  • Advances Outstanding On any day, the aggregate principal amount of all Advances outstanding on such day, after giving effect to all repayments of Advances and the making of new Advances on such day.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Maximum Revolving Advance Amount means $30,000,000.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Aggregate Maximum Credit Amounts at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06.

  • Aggregate Outstandings means, at a particular time, the sum of (a) the Aggregate Letters of Credit Outstandings at such time and (b) the aggregate outstanding principal amount of all Revolving Credit Loans at such time.

  • Maximum Credit means, at any time, (a) the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time minus (b) the aggregate amount of any Availability Reserve in effect at such time.

  • Maximum Swingline Amount means $5,000,000.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Total Revolving Outstandings means the aggregate Outstanding Amount of all Revolving Loans, all Swing Line Loans and all L/C Obligations.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.