Financing Amount. The aggregate face amount of the Draft relating to the purchase of goods identified in each Request for Acceptance will not exceed the Cost of such goods. No financing, acceptance or otherwise, other than that provided under this Agreement has been or will be outstanding for such goods; and no Acceptance created hereunder shall finance the goods financed by an Acceptance created as part of another Acceptance hereunder or by a Revolving Loan hereunder.
Financing Amount. The amount of the Financing shall be One Million Four Hundred Thousand and No/100 Dollars ($1,400,000.00) (the “Financing Amount”), which Lender shall wire transfer to Borrower in accordance with Sections 5 and 18, subject to the satisfaction of all conditions to Lender’s obligations to fund such amount contained in the Financing Documents.
Financing Amount. (a) Subject to the conditions set forth herein, City agrees to lend (“Loan”) Borrower up to 100 % of the actual and verified cost of the Work(the “Financing Amount”), provided the Financing Amount shall not exceed thirty thousand dollars ($30,000.00) (the “Maximum Financing Amount”). The Program Administrator shall determine the Financing Amount based on the best available written evidence of the Work’s actual cost and in the exercise of the Program Administrator’s sole discretion. The Program Administrator shall disburse the Financing Amount to Borrower following the post-completion inspection of the Restaurant Improvements by Program Staff, as described in Section 4 below. In the event that the actual cost of the Work exceeds the Maximum Financing Amount, Borrower shall be solely responsible for the payments of all costs of the Work which exceed the Maximum Financing Amount, and Xxxxxxxx agrees to complete the Work and to fund all costs associated with such completion which may exceed the Maximum Financing Amount.
Financing Amount. The amount of the Financing shall be Seven Hundred Fifty Thousand and No/100 Dollars ($750,000.00) (“Financing Amount”), which Lender shall wire to Borrowers in accordance with Sections 5 and 20.
Financing Amount. The Owner intends to request the issuance of the PID Bonds, subject to the condition that the maximum cost of Authorized Improvements to be funded plus issuance and other financing costs shall not exceed $11,800,000.
Financing Amount. The Owner intends to request the issuance of the PID Bonds subject to the condition that the maximum cost of Authorized Improvements to be funded plus issuance and other financing costs shall not exceed $41,000,000. The amount may increase up to $60,000,000 with City Council approval due to cost increases in the Authorized Improvements.
Financing Amount. The Company shall have received at Closing at least fifty percent (50%) of the Aggregate PIPE Purchase Price.
Financing Amount. The Company shall receive at Closing at least 80% of the Financing Amount (the “Required Financing Amount”); provided that if the Company receives at Closing less than 100% of the Financing Amount, then each Purchaser participating in the Closing may elect to reduce the number of Shares it is purchasing (“Ownership Reduction Election”) so that such Purchaser’s percentage ownership of the Company’s outstanding capital stock immediately following the Closing and the consummation of the Merger (“Post-Closing Ownership”) is equal to the Post-Closing Ownership such Purchaser would have held had the Company received 100% of the Financing Amount at the Closing. For the avoidance of doubt, the Ownership Reduction Elections shall not be taken into account when determining whether the Required Financing Amount has been received for purposes of this Section 5.14.
Financing Amount. The Company shall receive at Closing at least 80% of the Financing Amount, subject to any Ownership Reduction Elections set out in section 5.14.
