Overdraw definition

Overdraw means any event, condition or circumstance under which the aggregate Revolving Commitment Usage of all Lenders exceeds Availability.
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Overdraw or “Overdrawing” means to artificially produce water, in any one-year period, from a ground water reservoir, or part thereof, at an annual rate that:
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Overdraw means to means to pump or otherwise extract groundwater from an aquifer or groundwater reservoir whenartificially produce water, in any one-year period, from a ground water reservoir, or part thereof, at an annual rate that:
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Examples of Overdraw in a sentence

  • Your Overdraw Limit and our continued approval of your Requests for a Facility will be determined by your credit score.

  • We shall notify you of any variation to the Overdraw Limit and your continued use of the Service will constitute acceptance of your revised Overdraw Limit.

  • If we pay Items that you have written or honor other withdrawals before the funds are available to you, you may incur a fee if the transactions Overdraw your account.

  • Your credit score will be assessed based on various matters including the information obtained from your use of Safaricom Services and the KCB M-PESA Service, M- Shwari Service and repayment history on your existing Overdraw Limit.

  • The Credit Union, in its sole discretion, may pay any overdraft via Overdraw Transfer, Overdraft Protection or Card Overdraft, or otherwise on a case-by-case basis, but has no obligation to do so, or to continue to do so.

  • Use or allowance of Overdraw Transfer does not constitute an actual or implied agreement between you and us, nor does it constitute an actual or implied obligation of or by us.

  • Below is a detailed description of each Overdraw Program, followed by a section that sets forth how the Credit Union calculates your balance to determine whether there are enough available funds in your account to pay account debit requests that are presented for payment from your Checking Account.

  • If you maintain a negative balance in your Checking Account for 40 or more consecutive days, or if you otherwise abuse your Checking Account or your privileges under the Enhanced Overdraw Protection service, the Credit Union may close your Checking Account without additional notice to you.

  • If CoreSite discovers that Customer has violated the Critical Power Limit or violated such 80% limitation, then, without limiting CoreSite’s other rights and remedies, Customer shall pay to CoreSite the Power Overdraw Charge, and CoreSite may disconnect the circuit in violation until the violation is remedied by Customer to CoreSite’s reasonable satisfaction.

  • You may not withdraw funds from the Business Money Market Account at an ATM, using checks, or using Overdraw Protection.


More Definitions of Overdraw

Overdraw means to artificially produce water, in any one-year period,n" or "Overdrawing" means the total authorized groundwater use from a ground water reservoir, or part thereof, at anhas a combined annual ratvolume that:¶
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Related to Overdraw

  • Overdraft means any payment or transfer of funds on behalf of a Fund or series of a Fund for which there are, at the close of business on the date of such payment or transfer, insufficient funds held by the Custodian on behalf of such Fund or series thereof.

  • Overdraft Rate means the per annum rate of interest, regardless of compounding frequency, designated by the Financial Institution as its “Overdraft Rate” from time to time.

  • 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.

  • Overdraft Obligations means, with respect to any Portfolio, the amount of any outstanding Overdraft(s) provided by the Custodian to such Portfolio together with all accrued interest thereon.

  • Cash Management Account has the meaning set forth in Section 2.7(a).