Excess Sum definition

Excess Sum means the sum or sums drawn from the Facility in excess of the Credit Limit.
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Excess Sum means in relation to the Business Overdraft Facility, all sums in excess of the Business Credit Approved Limit.
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Excess Sum means the amount by which the Sale Price exceeds the Base Price.
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Examples of Excess Sum in a sentence

  • Save for the Potential Excess Sum, there will be no cash received by the Group as the proceeds from the Transfer of Properties, being the Transfer Sum, will be used to settle the Outstanding Contract Sum under the terms of the Supplemental Agreement.

  • In the event GAMI sells Amerace within nine (9) months of the date of this Agreement, GAMI agrees to pay to Purchasers, pro rata in accordance with their respective holdings of GAMI Shares subject to this Agreement, an amount equal to 17.866% of the Excess Sum, payable in cash.


More Definitions of Excess Sum

Excess Sum means the sum or sums drawn from the Facility in excess of (i) the Credit Limit, if there is no effective Temporary Limit or (ii) the effective Temporary Limit.
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Related to Excess Sum

  • Excess Amount has the meaning set forth in Section 13.

  • Excess Subordinated Amount With respect to any Distribution Date, the excess, if any, of (a) the Subordinated Amount on such Distribution Date over (b) the Specified Subordinated Amount for such Distribution Date.

  • Excess Amounts means, as of any Payment Date, the amount remaining in the 2016-A SUBI Collection Account after the distributions provided for in clause (iii) of Section 8.04(a) of the Indenture have been made.

  • Excess Collections shall have the meaning specified in Section 2.8(a)(xv) of the Indenture.

  • Excess Fraud Loss Any Fraud Loss, or portion thereof, which exceeds the then applicable Fraud Loss Amount.