Overdraft Amount definition

Overdraft Amount means a Domestic Overdraft Amount or Offshore Overdraft Amount, as applicable.
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Overdraft Amount means, as at any date of determination, the aggregate amount of outstanding overdrafts charged to the Overdraft Account.
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Overdraft Amount means the amount of any overdraft and the interest on the Overdraft Amount which you agree to pay to Vancity in accordance with the section of this Agreement entitled Overdrafts.
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Examples of Overdraft Amount in a sentence

  • In order to be granted an Overdraft, you should make an Overdraft request by completing the relevant Form.ADCB may in exceptional cases and in its sole discretion also grant an Exceptional Overdraft Amount without an Overdraft request where there are insufficient funds in your Account to cover a particular payment from your Account.

  • If ADCB refuses to grant this Exceptional Overdraft Amount, it can refuse to effect the payment that you have authorised.If you are granted an Overdraft by ADCB, the General Loan Terms will apply to you.

  • Bank may, at its option, request Multicurrency Revolving Lenders to make Multicurrency Revolving Loans as provided in subsection 2.1(d) of the Credit Agreement and apply the proceeds of such Multicurrency Revolving Loans to effect payment of the Domestic Overdraft Amount as set forth above.

  • Notwithstanding the foregoing, at no time shall the Total Overdraft Usage exceed the Maximum Overdraft Amount.

  • Xxxxxxxx shall pay to Bank on demand an amount equal to the Domestic Overdraft Amount then outstanding in respect of such overdraft.

  • Transfers from your Source Account will be made in the exact amount necessary to cover the Overdraft Amount provided.

  • If you elect to use a Source Account to pay overdrafts on your checking account, we will transfer funds from your Source Account to your checking account when any debit on your checking account is presented for payment in an amount in excess of the available balance in your checking account (“Overdraft Amount”).Transfers from your Source Account will be made in the exact amount necessary to cover the Overdraft Amount provided.

  • The proceeds of such Revolving Loans shall be immediately delivered to Administrative Agent (and not to any Domestic Borrower or any other Loan Party) and applied to repay the Domestic Overdraft Amount.

  • Facility Detail A Facility Type Overdraft Amount Purpose of Loan Tenure of Loan Availability Period 12 months from the Date of Sanction of the Credit facility in case of Overdraft and/or Approved Tenor for Term Loan, Drop Line OD (DLOD) Rate of Interest* (Interest rate are linked to GSBLR.

  • The Depositor may cancel or withdraw money from the Deposit(s), which is held as collateral for the Overdraft and which SMBC Trust Bank approves, unless the balance of the Overdraft Amount after such cancellation or withdrawal exceeds the maximum amount of Overdraft.


More Definitions of Overdraft Amount

Overdraft Amount shall include all amounts disbursed by the Bank pursuant to the Facility granted hereunder. GRANT OF FACILITY
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Overdraft Amount means, at any time, the principal amount by way of loan overdraft or guarantee outstanding under the Overdraft Facility at that time;
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Overdraft Amount and "Overdraft Commitment" in the Credit Agreement are hereby deleted in their entirety, and in connection therewith, there shall be no overdraft facility available to the U.K. Borrower under the terms of the Credit Agreement.
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Overdraft Amount funds (utilized or to be utilized) allocated by the Bank to the Client in accordance with the conditions of the Agreement, based on repayment, pricing, security and terms.
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Overdraft Amount means the sum of Four Million Pounds (4,000,000), initially, as it shall or may be reduced from time to time hereafter pursuant to the operation and effect of Sections 2.6 and 2.7.
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Overdraft Amount means a Domestic Overdraft Amount or Offshore Overdraft Amount, as applicable. “Overdraft Provider” means the Domestic Overdraft Provider or an Offshore Overdraft Provider, as applicable. “Owens-Brockway” means Owens-Brockway Glass Container Inc., a Delaware corporation.
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Related to Overdraft Amount

  • Swap Receipt Amount Swap Termination Payment"

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Required Spread Account Amount means, for the March 2012 Payment Date and the April 2012 Payment Date, zero, and for any Payment Date thereafter, the product of (i) the Spread Account Percentage in effect on such date and (ii) during (x) the Revolving Period, the Collateral Amount, and (y) during the Controlled Accumulation Period or the Early Amortization Period, the Collateral Amount as of the last day of the Revolving Period; provided that, prior to the occurrence of an Event of Default and acceleration of the Series 2012-1 Notes, the Required Spread Account Amount will never exceed the Class C Note Principal Balance (after taking into account any payments to be made on such Payment Date).

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Discount Amount means initially $6,549,982; provided that following any issuance of additional Class C(2020-5) Notes in accordance with Section 2.09, the Discount Amount shall mean the amount specified in the Notice of Additional Issuance.

  • Unused Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one-half of one percent (0.5%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

  • Available Spread Account Amount means, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Spread Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Spread Account made or to be made with respect to such date) and (b) the Required Spread Account Amount, in each case on such Transfer Date.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Prepayment Interest Excess Amount With respect to any Principal Prepayment in full which is applied to the related Mortgage Loan from the first day of the month of any Remittance Date through the sixteenth day of the month of such Remittance Date, all amounts paid in respect of interest on such Principal Prepayment in full. A Prepayment Interest Excess Amount cannot result from a Principal Prepayment in part, but only from a Principal Prepayment in full.

  • Reserve Account Amount means, for any Distribution Date, the amount on deposit in and available for withdrawal from the Reserve Account on such Distribution Date (after giving effect to all deposits to and withdrawals from the Reserve Account on the preceding Distribution Date, or, in the case of the initial Distribution Date, the Closing Date), including all interest and other income (net of losses and investment expenses) earned on such amount during the preceding Collection Period.

  • Undrawn Amount means, with respect to any Letter of Credit, at any time, the maximum amount available to be drawn under such Letter of Credit at such time and “Undrawn Amounts” means, at any time, the sum of all Undrawn Amounts at such time.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.