Overadvance Loans definition

Overadvance Loans means collectively the Tranche A Overadvance Loans and Tranche B Overadvance Loans.
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Overadvance Loans as defined in Section 2.23(a).
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Overadvance Loans shall have the meaning set forth in ----------------- Section 2.
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Examples of Overadvance Loans in a sentence

  • In no event shall Overadvance Loans be required that would cause the outstanding Revolver Loans and LC Obligations to exceed the aggregate Revolver Commitments.

  • All U.S. Overadvance Loans shall constitute U.S. Facility Obligations secured by the U.S. Facility Collateral and shall be entitled to all benefits of the Loan Documents.

  • All Canadian Overadvance Loans shall constitute Canadian Facility Obligations secured by the Canadian Facility Collateral and shall be entitled to all benefits of the Loan Documents.

  • All Overadvance Loans shall constitute Obligations secured by the Collateral and shall be entitled to all benefits of the Loan Documents.

  • In no event shall Overadvance Loans be required that would cause Revolver Usage to exceed the aggregate Revolver Commitments.

  • In no event shall Overadvance Loans be required that would cause the aggregate outstanding Revolving Loans and LC Obligations to exceed the aggregate Revolving Commitments.

  • Required Lenders may at any time revoke the Administrative Agent’s authority to make further Overadvance Loans by written notice to the Administrative Agent.

  • In no event shall Overadvance Loans be required that would cause the outstanding Loans and LC Obligations to exceed the aggregate Commitments.

  • In no event shall Overadvance Loans be required that would cause Revolver Usage to exceed the aggregate Commitments.

  • In no event shall Overadvance Loans be required that would cause (i) the outstanding Tranche A Revolver Loans and LC Obligations of any Tranche A Revolver Lender to exceed its Tranche A Revolver Commitment, (ii) the outstanding Tranche B Revolver Loans of any Tranche B Revolver Lender to exceed its Tranche B Revolver Commitment or (iii) the outstanding Tranche A Revolver Loans, Tranche B Revolver Loans and LC Obligations to exceed the aggregate Revolver Commitments.


More Definitions of Overadvance Loans

Overadvance Loans is defined in SECTION 2.3.2(a).
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Overadvance Loans has the meaning assigned to such term in Section 2.05(d) hereof.
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Related to Overadvance Loans

  • Overadvance Loan means a Base Rate Loan made when an Overadvance exists or is caused by the funding thereof.

  • Overadvance has the meaning set forth in Section 2.5.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Canadian Overadvance has the meaning assigned to such term in Section 2.04(b).

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Swing Loans each is defined in Section 1.7 hereof.

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Aggregate Borrowing Base means as of any date of determination, an amount equal to (i) the sum of the SMP Borrowing Base and the SI Borrowing Base; less (ii) any Reserves except to the extent already deducted therefrom.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Revolving Advance has the meaning given in Section 2.1.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.