Maximum Advance Amount definition

Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.

Maximum Advance Amount at any time, the lesser of (1) the Credit Line and (2) the Borrowing Base at such time.

Examples of Maximum Advance Amount in a sentence

• The Company shall, in its sole discretion, select the amount of the Advance, not to exceed the Maximum Advance Amount, it desires to issue and sell to the Investor in each Advance Notice and the time it desires to deliver each Advance Notice.

• The amount of the requested Advance, when combined with the sum of all prior Advances made hereunder shall not exceed the Maximum Advance Amount for the Loan.

• If you require a different setup, you will need to arrange to set it up and then put it back the way it was prior to your event.

• In addition, if at any time during the term of the Credit Facility the principal amount of all advances should exceed the Maximum Advance Amount, principal on all advances shall accrue interest at a per annum interest rate equal to eighteen (18%) percent or the highest interest rate allowed under applicable state or Federal law, whichever is less (“Default Interest Rate”), and Alloya may, at its option, consider such a Default and/or an Event of Default (both hereinafter defined).

• Deleted: [Note: this is essentially an inter-Zonal ATC benefit; more ATC will make more ARRs available]The APC metric values imports into each zone’s at the zone’s internal Load LMP.

More Definitions of Maximum Advance Amount

Maximum Advance Amount shall be Five Hundred Thousand Dollars ($500,000) per Advance Notice.

Maximum Advance Amount in respect of each Advance Notice (except for the Initial Advance Notice) means such amount as is equal to the greater of (i) 20% of the aggregate Daily Value Traded during the 5 Trading Days immediately prior to (but not including, unless the Advance Notice is delivered after the close of the Trading Day) the date the Company submits an Advance Notice, but not to exceed $750,000, (ii) $25,000, or (iii) such other amount as may be agreed by the parties.

Maximum Advance Amount shall be One Hundred Fifty Thousand Dollars ($150,000) per Advance Notice up to a maximum of Six Hundred Thousand Dollars ($600,000) in any thirty (30) day period.

Maximum Advance Amount shall be Three Hundred Thousand Dollars ($300,000) per Advance Notice.

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.

Maximum Advance Amount shall be equal up to Seventy Five Thousand Dollars ($75,000) per Advance Notice.

Maximum Advance Amount. The maximum dollar amount of each Advance will be equal to the average daily trading volume in dollar amount during the ten (10) trading days preceding the Advance Date. No Advance will be made in an amount lower than the Minimum Advance Amount (defined below) or higher than One Hundred Thousand Dollars ($100,000).