Maximum Utilization Sample Clauses

Maximum Utilization a. The maximum number of sick bank days that a teacher, teaching assistant or SRP employee who has exhausted personal sick leave days may utilize in any school year shall be one hundred (100) days.
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Maximum Utilization. A nurse may not take more than one year's 16 ETO accrual at any one time without mutual agreement between 17 the nurse and management.
Sample 1See All (4)
Maximum Utilization. The Borrowers shall not permit Total Revolving Utilization at any time to exceed the maximum Total Revolving Utilization for corresponding Fiscal Quarter as set forth on the Maximum Projected Utilization Schedule dated as of July 6, 2006 and previously delivered by Borrowers to Agent and Lenders."
Sample 1
Maximum Utilization. After giving effect to the Loans to finance the Subject Acquisition, the aggregate amount of Revolving Credit Loans made for the purpose of financing Subject Acquisitions does not exceed $5,000,000. (m)
Sample 1
Maximum Utilization. (i) Subject to the succeeding clause (ii), the Borrower shall not permit Total Revolving Utilization at any time to exceed the maximum Total Revolving Utilization for corresponding Fiscal Quarter as set forth on the Maximum Projected Utilization Schedule dated as of July 6, 2006 and previously delivered by Borrower to Agent and Lenders; and (ii) the foregoing clause (i) shall no longer apply upon Borrower's delivery of a Compliance Certificate to Agent demonstrating Borrower's compliance with the Fixed Charge Coverage Ratio set forth in SECTION 8.1(A) for the twelve-month period ending December 31, 2007, or for any twelve-month period ending thereafter. Upon the effectiveness of clause (ii), Borrower shall not permit Total Revolving Utilization to exceed the lesser of (x) the aggregate of all Lenders' Revolving Loan Commitments or (y) subject to SECTION 2.2(B), the Borrowing Base."
Sample 1
Maximum Utilization. An Extra Help position may be utilized for a maximum of nine hundred (900) hours of actual work in any consecutive twelve (12) calendar months. The Employer shall review the status of the position at least every three (3) calendar months. If at any time it is found that the position has become an appointment which is other than Extra Help, the Employer shall terminate the Extra Help appointment. If an Extra Help position has accrued nine hundred (900) consecutive hours, the position shall not be reestablished until six (6) months time have elapsed from the date of the termination of the position.
Sample 1
Maximum Utilization. The Company shall utilize the capabilities of the System to their maximum reasonable extent in order to treat Influent. The Company shall not intentionally reduce the level of wastewater treatment capable of being achieved by the Managed Assets in an effort to reduce its operating and maintenance expenses.
Sample 1
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Related to Maximum Utilization

  • Non-Utilization Fee The Borrower agrees to pay to the Bank a non-utilization fee equal to one-quarter of one percent (0.25%) of the total of (a) the Revolving Loan Commitment, minus (b) the sum of (i) the daily average of the aggregate principal amount of all Revolving Loans outstanding, plus (ii) the daily average of the aggregate amount of the Letter of Credit Obligations, which non- utilization fee shall be (A) calculated on the basis of a year consisting of 360 days, (B) paid for the actual number of days elapsed, and (C) payable monthly in arrears on the last day of each month, commencing on September 30, 2006, and on the Revolving Loan Maturity Date.

  • Maximum Credit Patheon's liability for Active Materials calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in Schedule D to a Product Agreement.

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Maximum In no event shall any holder be entitled to exercise any Warrant Shares to the extent that, after such exercise, the sum of the number of shares of Common Stock beneficially owned by any holder and its affiliates (other than shares of Common Stock which may be deemed beneficially owned through the ownership of the unexercised portion of the Warrant Shares or any unexercised right held by any holder subject to a similar limitation), would result in beneficial ownership by any holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock (after taking into account the shares to be issued to the holder upon such exercise). For purposes of this Section 2(c), beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended. Nothing herein shall preclude the holder from disposing of a sufficient number of other shares of Common Stock beneficially owned by the holder so as to thereafter permit the continued exercise of this Warrant.

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2014, to exceed the ratio set forth below with respect to such fiscal quarter: Fiscal Quarter Maximum Total Leverage Ratio Fiscal quarter ending September 30, 2016 4.50 to 1.00 Fiscal quarter ending December 31, 2016 4.50 to 1.00 Fiscal quarter ending March 31, 2017 3.25 to 1.00 Fiscal quarters ending June 30, 2017 and thereafter 3.00 to 1.00

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