Overadvance definition

Overadvance has the meaning set forth in Section 2.5.
Overadvance is defined in Section 2.2.
Overadvance has the meaning assigned to such term in Section 2.05(b).

Examples of Overadvance in a sentence

  • In such circumstances, if any Lender objects to the proposed terms of reduction or repayment of any Overadvance, the terms of reduction or repayment thereof shall be implemented according to the determination of the Required Lenders.


More Definitions of Overadvance

Overadvance means, as of any date of determination, that the Revolver Usage is greater than any of the limitations set forth in Section 2.1 or Section 2.11 of this Agreement.
Overadvance has the meaning ascribed to it in Section 1.1(a)(iii).
Overadvance means a Credit Extension to the extent that, immediately after its having been made, Availability is less than zero.
Overadvance has the meaning specified therefor in Section 2.5 of the Agreement.
Overadvance means a Credit Extension to the extent that, immediately after its having been made, Excess Availability is less than zero.
Overadvance is defined in Section 2.4.
Overadvance means either a Canadian Overadvance or a Domestic Overadvance.