Priority Cap definition
Priority Cap means £5,000,000.00 (five million pounds), or such higher amount as is agreed to by all the Lenders.
Priority Cap means the initial principal amount of US $6,000,000, thereafter reduced permanently from time to time in the principal amount or amounts, if any, which correspond to the principal amount or amounts of payments received or collected by SaaS in respect of the SaaS Credit Agreement.”
Priority Cap means the amount of $82,500,000.
Examples of Priority Cap in a sentence
The Administrative Agent is hereby authorized and instructed to enter into such amendments of the Bank of America Intercreditor Agreement as the Administrative Agent determines are appropriate in connection with the Priority Cap Release, the Specified Subsidiaries Transactions and the BofA Facility Refinancing, and each Lender will be bound by the Bank of America Intercreditor Agreement as so amended.