Daylight Overdrafts. Bank may permit intraday or “daylight” overdrafts incurred by Client when the balance in the Account utilized for a Treasury Management Service will be brought positive by the end of the Business Day.
Daylight Overdrafts. Bank agrees to provide daylight overdrafts at no charge.
Daylight Overdrafts. BNP Paribas has agreed to consider, on a discretionary basis, making Daylight Overdrafts, from time-to-time, for the benefit of the Co-Borrowers; provided, however, that, the sum of the requested Daylight Overdrafts, plus the Effective Amount of all other outstanding Revolving Loans, plus the Effective Amount of all L/C Obligations then existing under the Borrowing Base Line shall not exceed the Borrowing Base Cap.
