Overadvance Amount. The definition of the term "Overadvance Amount" is hereby amended in its entirety to read as follows:
Overadvance Amount. The definition of “Overadvance Amount” in Section 1.1 of the Credit Agreement is amended to read as follows:
Overadvance Amount. The definition of "
Overadvance Amount. After giving effect to all Loans made and ------------------ all Letters of Credit issued or deemed issued on the Effective Date, and after deducting such reserves to the Borrowing Base as the Agent determines to be appropriate for duty and freight in connection with the importation of Inventory, the Overadvance Amount shall not exceed $14,000,000.
Overadvance Amount. The sum of all Individual Overadvance Amounts outstanding at any one time, provided in no event shall the Overadvance Amount exceed $5,000,000 in the aggregate at any time.
Overadvance Amount. The Lender hereby agrees to waive compliance by Borrowers with respect to the prompt payment of aggregate unpaid principal balance of all Revolving Credit Loans exceeding the Borrowing Base plus the Overadvance Amount as discussed in Section 1.1.7 of the Credit Agreement for the period beginning December 31, 1997 and ending March 1, 1998.
Overadvance Amount. The definition of the term "Overadvance Amount" in Section 1.01 of the Financing Agreement is hereby amended in its entirety to read as follows:
Overadvance Amount. The Overadvance Amount, calculated on a combined basis for the Borrowers as of September 29, 1997 after giving effect to the Loans and Letters of Credit necessary to effect the Acquisition, as set forth in the combined Borrowing Base Certificate delivered to the Agents pursuant to Section 5.01(d)(xxii) hereof, shall not exceed $15,000,000.
Overadvance Amount. The definition of the term "Overadvance Amount" is hereby added to read as follows: ""Overadvance Amount." means (i) $500,000, from November 26, 1997 through and including December 15, 1997, and (ii) $0.00, after December 15, 1997, provided, however, Foothill may in its sole discretion increase the Overadvance Amount to $1,000,000 from December 1, 1997 through and including December 5, 1997."
Overadvance Amount. The Lender agrees, on the terms and ------------------ subject to the conditions herein set forth, to make an advance in excess of that permitted under the Borrowing Base to the Borrower on the Funding Date in the amount of $1,000,000 (the "Overadvance Amount"). The Borrower's obligation to pay the Overadvance Amount shall be evidenced by the Revolving Note and shall be secured by the Collateral as provided in Article III. Except as otherwise provided herein, the Overadvance Amount shall be treated as a Revolving Advance. Amounts of the Overadvance Amount re-paid may not be reborrowed. Upon fulfillment of the applicable conditions set forth in Article IV, the Lender shall deposit the Overadvance Amount to the Borrower's demand deposit account specified in Section 2.1(b) unless the Lender and the Borrower shall agree in writing to another manner of disbursement.
