Common use of Over-Advances Clause in Contracts

Over-Advances. If, at any time and for any reason, the aggregate amount of Borrower's Liabilities outstanding hereunder exceeds the limitations set forth in Paragraph 2.1 or Paragraph 2.2 (an "Over-Advance"), then Borrower shall immediately pay to Bank, in cash, the amount of such Over-Advance. If such Over-Advance remains outstanding for more than three (3) days, until such Over-Advance is so repaid to Bank, the amount of such Over-Advance shall bear interest at the applicable Default Rate.

Over-Advances. If, at any time and for any reason, the aggregate amount of Borrower's Borrowers' Liabilities outstanding hereunder in respect of the Revolving Loans exceeds the limitations set forth in Paragraph 2.1 or Paragraph 2.2 Revolving Credit Commitment (an "Over-Advance"), then Borrower Borrowers shall immediately pay to Bank, in cash, the amount of such Over-Advance. If such Over-Advance remains outstanding for more than three (3) days, Business Days until such Over-Advance is so repaid to Bank, the amount of such Over-Advance shall bear interest at the applicable Default Rate.