Maximum Availability definition

Maximum Availability has the meaning set forth in Section 2.1.1.

Maximum Availability. On any date of determination an amount equal to the least of:

Maximum Availability means, as of any date of determination, the difference of (i) the Facility Amount minus (ii) the balance of all unfunded Advances approved but not yet funded minus (iii) the Aggregate Unfunded Amount plus (iv) all amounts on deposit in the Unfunded Exposure Account, each as of such date of determination.

Examples of Maximum Availability in a sentence

• The Maximum Availability Payment for Fiscal Year y (MAPy) is payable in Quarterly Payments as provided in Section 2.3 below and subject to adjustments, positive and negative, as provided in Section 3 below.

• First Year Maximum Availability Payment means the nominal value of all the Availability Payments which could be earned for the first full year following the Baseline Substantial Completion Date.

• Predominant weight will be given to the Maximum Availability Payment score.

• Base Maximum Availability Payment has the meaning set forth in Attachment 1 to Exhibit 10 (Payment Mechanism) to the Agreement.

• These issues are even more challenging in the BTH region, where individual municipalities and provinces are at different development stages and thus have varying capacities to manage policy implementation.

More Definitions of Maximum Availability

Maximum Availability means, at any time, the lesser of the (a) the Maximum Facility Amount at such time and (b) the Borrowing Base at such time.

Maximum Availability means the lesser of (i) the result of (A) the Maximum Facility Amount, minus (B) an amount equal to the sum of, for each Revolving Loan Asset that is an Eligible Loan Asset, (x) the aggregate Unfunded Revolving Commitments for such Revolving Loan Asset, multiplied by (y) 100% minus the percentage that would be applied to such Revolving Loan Asset under clause (4) of the definition of “Minimum Credit Enhancement”, and (ii) the Maximum Draw Amount.

Maximum Availability means the lesser of (i) the Maximum Facility Amount, and (ii) the Maximum Draw Amount.

Maximum Availability. An amount equal to the lesser of:

Maximum Availability means the Maximum Permitted Balance less the Aggregate Outstandings.

Maximum Availability means the total number of minutes in the calendar month, e.g. 43,200 minutes in the month of September.

Maximum Availability means the lesser of (i) the Facility Amount and (ii) the Borrowing Base.