Overdraft Facility Agreement definition

Overdraft Facility Agreement means an agreement between the Borrowers and a Lender for an overdraft facility agreement in the amount of the Overdraft Facility Commitment.
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Overdraft Facility Agreement means every overdraft facility agreement that the Lender and the Borrower have entered into or shall enter into (and also jointly all such agreements) under which the Borrower has or shall have a claim upon meeting conditions for the overdraft loan drawing specified therein. Sanctions mean any business, territorial, economic, commodity or financial sanctions, embargos, or other restrictive measures arising out of any regulation or other decision by any Sanction Authority.
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Overdraft Facility Agreement means any agreement between a member of the Group and the Overdraft Bank relating to the Overdraft Facility.
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Examples of Overdraft Facility Agreement in a sentence

  • The Period of Availability of the Overdraft Facility shall end on the day preceding the date of Maturity of the Overdraft Facility Agreement.

  • The Overdraft Facility Agreement shall be valid and effective only and exclusively together with the bank account agreement concerning the keeping of a transactional or payment account that constitutes the basis of the Bank Account.

  • Within the limit of the Overdraft Facility specified in the Overdraft Facility Agreement, the Bank shall provide an Overdraft Loan for the Customer in respect of the Bank Account specified in the Overdraft Facility Agreement without specific instructions from the Customer at the time and in such amount as is necessary to meet any payment order submitted against the aforementioned Bank Account of the Customer.

  • In the case of an Overdraft Facility Agreement or Revolving Loan Facility Agreement, no prior notice shall be sent by the Bank, and the Customer shall be notified of the amount of interests, fees and commissions that have fallen due after the debiting of the same, via statements of account.

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  • Provider identifies the information contained in local application.

  • After 90 days, the contents of this folder will be automatically deleted.

  • Notwithstanding the presence of any Overdraft Facility Agreement we may in our sole discretion require any outstanding debit balance to be repaid on demand by notice given in writing or personally delivered to you at your usual or last known place of abode.

  • Notwithstanding the presence of any Overdraft Facility Agreement, the Credit Union may, at its sole discretion, require any outstanding debit balance to be repaid on demand by notice given in writing or personally delivered to the member at the member’s usual or last known place of abode.

  • On December 19, 2018, the Company entered into an uncommitted Overdraft Facility Agreement (the "European Facility") for $16.8 million (€15.0 million).


More Definitions of Overdraft Facility Agreement

Overdraft Facility Agreement means an uncommitted overdraft credit facility for the benefit of the Euro Holding Company as evidenced by a separate agreement between the Overdraft Lender and the Euro Holding Company, as the same may be amended, modified, exchanged or substituted from time to time.
Sample 1
Overdraft Facility Agreement means the multicurrency overdraft facility agreement in the maximum amount of HUF 1,120,000,000 available in HUF, USD and EUR concluded by the Borrower and the Bank under the contract no. EMC-1/2009 dated on 5 January 2009 which was amended several times previously and on or about the date of this Credit Facility Agreement.
Sample 1
Overdraft Facility Agreement means the SEK 865,000,000 overdraft facilities entered into by the Issuer and DNB Sweden AB/DNB Bank ASA, Sweden Branch, Swedbank AB, Svenska Handelsbanken AB and Danske Bank A/S, Danmark, Sverige Filial.
Sample 1

Related to Overdraft Facility Agreement

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2007, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Facility Agreement means the Facility Agreement referred to in Recital (A).

  • Original Facility Agreement means the facility agreement dated 19 December 2018 and made between, amongst others, (i) the Borrower, (ii) the Lenders, (iii) the Mandated Lead Arrangers, (iv) the Facility Agent and the SACE Agent and (v) the Security Trustee.

  • Local Facility Agreements means any agreement under which a Local Facility is made available.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Facility Letter means the facility letter and the other letters of offer or other letters which may from time to time be issued by the Bank to the Borrower in relation to the Facilities.

  • Overdraft Obligations means, with respect to any Portfolio, the amount of any outstanding Overdraft(s) provided by the Custodian to such Portfolio together with all accrued interest thereon.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Credit Line Agreement means the related credit line account agreement for a Mortgage Loan executed by the related mortgagor and any amendment or modification of it.

  • Specified Cash Management Agreement any agreement providing for treasury, depositary or cash management services, including in connection with any automated clearing house transfers of funds or any similar transactions between the Borrower or any Guarantor and any Lender or affiliate thereof or any Agent or affiliate thereof, which has been designated by such Lender and the Borrower, by notice to the Administrative Agent not later than 90 days after the execution and delivery by the Borrower or such Guarantor, as a “Specified Cash Management Agreement”.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Credit Agreement Documents means the collective reference to any Credit Agreement, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Repayment Agreement means an agreement

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Credit Agreement Obligations means the “Obligations” as defined in the Credit Agreement.

  • Cash Management Agreements means any agreement providing for treasury, depository, purchasing card or cash management services, including in connection with any automated clearing house transfer of funds or any similar transaction entered into in the ordinary course of business.

  • Borrower Credit Agreement Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, or the other Loan Documents, or any Letter of Credit, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;