Overdraft Line definition

Overdraft Line shall have the meaning assigned to such term in Section 6.01(w).
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Overdraft Line means Indebtedness with respect to overdraft protections (including, but not limited to, intraday, ACH and purchasing card/T&E services), established for any of the Company and its Subsidiaries’ ordinary course of operations, which Indebtedness may be secured.
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Overdraft Line shall have the meaning assigned to such term in Section 4.03(b)(xxx).
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Examples of Overdraft Line in a sentence

  • All fees applicable to your Overdraft Line of Credit Account are also contained in the agreement.

  • Please refer to the Overdraft Line of Credit Agreement for more information.

  • Overdraft Line of Credit Accounts are subject to qualification and the terms and conditions contained in the applicable credit agreement.

  • When you do not have available funds in your Account, including your Account Overdraft Protection or Overdraft Line of Credit, if any, to pay a transaction, we consider the transaction an Insufficient Funds Item and will return the transaction unpaid.

  • When both a designated deposit Account and a designated Overdraft Line of Credit Account are linked, the balance in either Account must be sufficient to cover the overdraft in full before a transfer can be made.


More Definitions of Overdraft Line

Overdraft Line has the meaning set forth in Section 10.02(cc).
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Overdraft Line means Indebtedness with respect to overdraft protections (including, but not limited to, intraday, ACH and purchasing card/T&E services), established for any of the Operating Partnership and its Subsidiaries’ ordinary course of operations, which Indebtedness may be secured.
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Overdraft Line has the meaning specified in Section 8.04(g).
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Overdraft Line shall have the meaning provided in the recitals to this Agreement.
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Overdraft Line means the Line amount seton the Home Credit Current account which is made available consequent to funds credited into the Current account by the Borrower.
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Overdraft Line shall have the meaning set forth in the recitals hereto.
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Overdraft Line means that certain discretionary overdraft line the -------------- Borrower maintains with Bank of America.
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