Overdraft Line shall have the meaning assigned to such term in Section 6.01(w).

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.

Overdraft Line shall have the meaning assigned to such term in Section 4.03(b)(xxx).

Examples of Overdraft Line in a sentence

Where the Borrower has availed of a Home Credit Facility along with the Cash Out loan (Property Power Loan/ Property Power with Enhancement Loan / Home Loan takeover with enhancement or Home Loan Enhancement / Top-up facility), then for the purpose of calculating the foreclosure charge (where ever applicable as mentioned in Article 3.5.2 above), the principal component of the Loan shall also be increased by the Overdraft Line amount made available to the Borrower.
Where the Borrower has availed of a Miniraj Construction Pvt Ltd Facility along with the Cash Out loan (Property Power Loan/ Property Power with Enhancement Loan / Home Loan takeover with enhancement or Home Loan Enhancement/ Top-up facility), then for the purpose of calculating the foreclosure charge (where ever applicable as mentioned in Article 3.5.2 above), the principal component of the Loan outstanding shall also be increased by the Overdraft Line amount made available to the Borrower.

More Definitions of Overdraft Line

Overdraft Line has the meaning set forth in Section 10.02(cc).

Overdraft Line has the meaning specified in Section 8.04(g).

Overdraft Line has the meaning assigned to such term in Section 4.03(b)(xxx).

Overdraft Line shall have the meaning provided in the recitals to this Agreement.

Overdraft Line shall have the meaning provided in Section 9.04(o).

Overdraft Line means that certain discretionary overdraft line the -------------- Borrower maintains with Bank of America.

Overdraft Line shall have the meaning set forth in the recitals hereto.