Overdraft Facility Maximum Amount definition

Overdraft Facility Maximum Amount means the maximum amount of an Overdraft Facility as specified pursuant to clause 5.8(b)(i)(D) (Overdraft Facilities and the Guarantee Facility) as the same may be reduced from time to time;
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Examples of Overdraft Facility Maximum Amount in a sentence

  • If as a result thereof the relevant Overdraft Facility Maximum Amount is exceeded the Borrower shall repay the amount of such excess within 5 Business Days of the relevant Lender's first written demand.

Related to Overdraft Facility Maximum Amount

  • 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.

  • 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.

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).