Maximum Principal Amount. The maximum indebtedness secured by this Security Instrument shall not exceed ___________________________ Dollars ($ ____________________).
Maximum Principal Amount. The Note is hereby amended by deleting all references therein to “$6,884,588”, and replacing them with “$7,884,588”.
Maximum Principal Amount. The Mortgage, as amended by this Second Amendment, secures future advances and future obligations at any time outstanding up to a maximum principal amount of $170,000,000.
Maximum Principal Amount. In the event that the outstanding principal balance of the Loan plus the Letter of Credit Usage exceeds the Maximum Principal Amount at any time, Borrower shall pay the amount of such excess to Bank, without notice or demand, and any amount not so paid shall bear interest at the Default Rate until paid. Borrower's obligation to pay principal pursuant to this Section 2.2 shall include (but not be limited to) an obligation to pay principal in an amount required to reduce the outstanding principal balance of the Loan plus the Letter of Credit Usage to an amount equal to or less than Ten Million Dollars ($10,000,000) at all times. This is an absolute obligation to pay to Bank the amount of the unpaid principal balance of the Loan plus the Letter of Credit Usage in excess of said Maximum Principal Amount, regardless of the cause of such excess.
Maximum Principal Amount. The Maximum Principal Amount under the Note, as stated in the Second Amended and Restated Secured Cognovit Promissory Note is hereby increased from Eight Million Seven Hundred Fifty Eight Thousand Six Hundred Twenty Eight and 29/100 Dollars ($8,758,628.89) to Fourteen Million One Hundred Thirty Nine Thousand One Hundred Fifty Three and 54/100 Dollars ($14,139,153.54), constituting an increase of $4,600,000 in the Loan Amount of $9,539,153.54 outstanding as of November 30, 2023 (prior to such increase).
Maximum Principal Amount. Any and all references in the Loan Documents to the maximum principal amount of the Loan are hereby amended to mean $100,000,000.00.
Maximum Principal Amount. The maximum principal balance of the Note ------------------------ is hereby increased from One Million Five Hundred Thousand Dollars ($1,500,000) to Two Million Five Hundred Thousand Dollars ($2,500,000).
Maximum Principal Amount. Except as otherwise provided in the Indenture, the Series A Notes shall be limited to the aggregate Relevant Principal Amount set forth in Schedule 1.3 hereto, and the Series A-1 Notes and the Series A-2 Notes shall be limited to the respective Relevant Principal Amounts and shall have the respective Stated Maturities set forth in Schedule 1.4 hereto.
Maximum Principal Amount. The maximum principal amount secured by this Mortgage in the State of New Jersey upon recordation or upon any contingency that may be secured hereby at any time hereafter is $110,640,000.00, plus all advances made pursuant to any provisions of the Mortgage; provided that in no event shall any Mortgagee be obligated to advance in excess of the stated principal amount of the Note evidencing the indebtedness secured hereby.
Maximum Principal Amount. Subject to the conditions and upon the terms herein provided, Lender agrees to lend to Borrower and Borrower agrees to borrow from Lender, in installments, a maximum aggregate principal amount of Twenty-Six Million Six Hundred Twenty-Five Thousand and 00/100 Dollars ($26,625,000) or such lesser amount as shall be available pursuant to the terms of this Agreement (the "Loan"). The Loan is the "Initial Loan" referred to in the Loan Agreement. The Loan shall be repaid with interest, costs and charges as more particularly set forth in the Loan Agreement, the Note and the other Loan Documents.
