Minimum Facility Amount definition

Minimum Facility Amount means the lower of (a) the then-current Financing Commitment and (b) the amount set forth in the table below. Period Start Date (from and including) Period End Date (to but excluding) Minimum Facility Amount (U.S.$) Effective Date August 29, 2019 416,613,312.50 August 29, 2019 First Amendment Date 466,606,910.00 First Amendment Date July 29, 2020 300,000,000 July 29, 2020 Last day of the Reinvestment Period 350,000,000
Sample 1Sample 2
Minimum Facility Amount has the meaning assigned to such term in the Pricing Side Letter.
Sample 1
Minimum Facility Amount means $650,000,000.
Sample 1

Examples of Minimum Facility Amount in a sentence

  • Further, the Unused Facility Fee and the Minimum Facility Amount Spread Maintenance Premium shall be paid quarterly in arrears, on the first day of the months of January, April, July and October, for each preceding calendar quarter.


More Definitions of Minimum Facility Amount

Minimum Facility Amount means the lower of (a) the then-current Financing Commitment and (b) (i) for the period from the Effective Date to (but excluding) August 29, 2019, $416,613,312.50 and (v) for the period from (and including) August 29, 2019 to (but excluding) the last day of the Reinvestment Period, $466,606,910.00.
Sample 1
Minimum Facility Amount means the lower of (a) the then-current Financing Commitment and (b) the amount set forth in the table below. Period Start Date (from and including) Period End Date (to but excluding) Minimum Facility Amount (% of Financing Commitments) Effective Date The date that is 3 months after the Effective Date 25% of Financing Commitment prior to giving effect to the Scheduled Financing Commitment Increase The date that is 3 months after the Effective Date The date that is 6 months after the Effective Date 55% of Financing Commitment prior to giving effect to the Scheduled Financing Commitment Increase The date that is 6 months after the Effective Date The date that is 9 months after the Effective Date 52.5% of Financing Commitment giving effect to the Scheduled Financing Commitment Increase The date that is 9 months after the Effective Date Last day of the Reinvestment Period 70% of Financing Commitment giving effect to the Scheduled Financing Commitment Increase
Sample 1

Related to Minimum Facility Amount

  • 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.

  • 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.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Maximum Facility Output means the maximum (not nominal) net electrical power output in megawatts, specified in the Interconnection Service Agreement, after supply of any parasitic or host facility loads, that a Generation Interconnection Customer’s Customer Facility is expected to produce, provided that the specified Maximum Facility Output shall not exceed the output of the proposed Customer Facility that Transmission Provider utilized in the System Impact Study. Maximum State of Charge:

  • Maximum Advance Amount in respect of each Advance Notice means the greater of: (i) an amount equal to 100% of the average Daily Traded Amount during the five Trading Day immediately preceding an Advance Notice, or (ii) 5,000,000 Common Shares.

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Maximum Revolving Advance Amount means $35,000,000.

  • Available Commitment means a Lender’s Commitment minus:

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being US$830,000,000 at the date of this Agreement.

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

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.

  • 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.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • 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.