business overdraft definition
business overdraft means a type of Arranged Overdraft relating to a BCA, which is classified as SME Lending, where the agreement is entered into by the borrower wholly or predominantly for the purposes of the borrower’s business.
business overdraft means any NAB Business Plus, NAB Business Overdraft or NAB Farm Management Account Overdraft.
business overdraft means a facility which is stipulated as a business overdraft in the business overdraft facility schedule. business overdraft facility schedule means the Schedule of that name that forms part of this facility agreement. Bank of Queensland Limited ABN 32 ▇▇▇ ▇▇▇ ▇▇▇ AFSL and Australian Credit Licence No. 244616 29 business term loan means a facility which is stipulated as a business term loan facility in the business term loan facility schedule. business term loan facility schedule means the Schedule of that name that forms part of this facility agreement. change of credit means a change in the financial position of you or any person who has given a guarantee of your obligations under this facility agreement or an adverse change in the value of the security property which we determine would, it had occurred at the time we approved the facility, have materially affected our decision to provide the facility on the terms set out in the facility agreement. commercial rate loan means a facility which is stipulated as a commercial rate loan in the commercial rate loan facility schedule. commercial rate loan base rate for a commercial rate loan, is the internal rate or rates we set daily for each facility type for each of the interest periods. You can find out what this rate is for a particular day by contacting your branch. commercial rate loan facility schedule means the Schedule of that name that forms part of this facility agreement. completion for a construction finance facility, means the date of issue of a certificate of practical completion in a form suitable to us by a consultant we appoint or approve for the works. construction finance facility, means a business term loan or a commercial rate loan which is to be used for construction purposes. control of a corporation includes the direct or indirect power to directly or indirectly:
More Definitions of business overdraft
business overdraft means any NAB Business Plus, NAB Business Overdraft or NAB Farm Management Account Overdraft. Drawdown Date means the date on which funds are first drawn down under a loan NAB Invoice Finance Facility Agreement means an agreement or letter of offer (howsoever called) containing a facility for invoice finance provided by NAB to an Applicant.
business overdraft sub-facility means the sub-facility which is stipulated as a business overdraft sub-facility in the Schedule. change of credit means a default or change in the financial position of you or any person who has given a guarantee of your obligations under this aggregate trade facility agreement, anadverse change inthe value ofthe security property or a breach of a financial covenant which we determine would, if it had occurred at the time we approved the facility, have materially affected our decision to provide the facility on the terms set out in the aggregate trade facility agreement.
business overdraft means a facility which is stipulated as a business overdraft in the business overdraft facility schedule. business overdraft facility schedule means the Schedule of that name that forms part of this facility agreement. business term loan means a facility which is stipulated as a business term loan facility in the business term loan facility schedule. business term loan facility schedule means the Schedule of that name that forms part of this facility agreement. change of credit means a change in the financial position of you or any person who has given a guarantee of your obligations under this facility agreement or an adverse change in the value of the security property which we reasonably determine would, if it had occurred at the time we approved the facility, have materially affected our decision to provide the facility on the terms set out in the facility agreement. means the date of issue of a certificate of practical completion in a form suitable to us by a consultant we appoint or approve for the works. construction finance facility means a business term loan or a market rate loan which is to be used for construction purposes.
business overdraft means any overdraft facility provided by the Transferor in respect of which the borrower is categorised as at the Effective Date as a business or commercial borrower by the Transferor which remains unsatisfied or outstanding as at the Effective Date and any offer for any such loan or overdraft made by the Transferor which is outstanding at the Effective Date;
business overdraft means a facility which is stipulated as a business overdraft in the business overdraft facility schedule. business overdraft facility schedule means the Schedule of that name that forms part of this facility agreement. business term loan means a facility which is stipulated as a business term loan facility in the business term loan facility schedule. business term loan facility schedule means the Schedule of that name that forms part of this facility agreement. change of credit means a change in the financial position of you or any person who has given a guarantee of your obligations under this facility agreement or an adverse change in the value of the security property which we determine would, it had occurred at the time we approved the facility, have materially affected our decision to provide the facility on the terms set out in the facility agreement. commercial rate loan means a facility which is stipulated as a commercial rate loan in the commercial rate loan facility schedule. commercial rate loan base rate for a commercial rate loan, is the internal rate or rates we set daily for each facility type for each of the interest periods. It includes a market rate component which is calculated according to a money market or some other external reference rate, or a rate otherwise designated as a variable or floating rate (e.g. BBSW). If the market rate is not available or if, in our reasonable opinion, the market rate becomes inappropriate, the market rate will be the rate reasonably determined by us acting in good faith having regard to comparable indices then available to us. If the market rate is less than zero, the market rate shall be deemed to be zero. You can find out what this rate is for a particular day by contacting your branch. commercial rate loan facility schedule means the Schedule of that name that forms part of this facility agreement. completion for a construction finance facility, means the date of issue of a certificate of practical completion in a form suitable to us by a consultant we appoint or approve for the works. construction finance facility, means a business term loan or a commercial rate loan which is to be used for construction purposes. control of a corporation includes the direct or indirect power to directly or indirectly:
business overdraft means a facility which is stipulated as a business overdraft in the business overdraft facilityschedule. business overdraft facility schedule means the Schedule ofthat name that forms part of this facility agreement. 103892277.1 Bank of Queensland Limited ABN 32 ▇▇▇ ▇▇▇ ▇▇▇ AFSL and Australian Credit Licence No. 244616 25 business term loan means a facility which is stipulated as a business term loan facility in the business term loan facility schedule. business term loan facility schedule means the Schedule ofthat name that forms part of this facility agreement. change of credit means a change in the financial position of you or any person who has given a guarantee of your obligations under this facility agreement or an adverse change in the value of the security property which we reasonably determine would, if it had occurred at the time we approved the facility, have materially affected our decision to providethe facility on the terms set out in the facility agreement. completion for a construction finance facility, means the date of issue of a certificate of practical completion in a form suitable to us by a consultant we appoint or approvefor the works. construction finance facility, means a business term loan ora