Overadvance Amount. The definition of the term "Overadvance Amount" is hereby amended in its entirety to read as follows:
Overadvance Amount. The definition of “Overadvance Amount” in Section 1.1 of the Credit Agreement is amended to read as follows:
Overadvance Amount. The definition of "
Overadvance Amount. The Lender agrees, on the terms and ------------------ subject to the conditions herein set forth, to make an advance in excess of that permitted under the Borrowing Base to the Borrower on the Funding Date in the amount of $1,000,000 (the "Overadvance Amount"). The Borrower's obligation to pay the Overadvance Amount shall be evidenced by the Revolving Note and shall be secured by the Collateral as provided in Article III. Except as otherwise provided herein, the Overadvance Amount shall be treated as a Revolving Advance. Amounts of the Overadvance Amount re-paid may not be reborrowed. Upon fulfillment of the applicable conditions set forth in Article IV, the Lender shall deposit the Overadvance Amount to the Borrower's demand deposit account specified in Section 2.1(b) unless the Lender and the Borrower shall agree in writing to another manner of disbursement.
Overadvance Amount. Unless the Required Lenders shall otherwise agree, during the Overadvance Period, if any Debt for borrowed money shall be incurred by Borrower or its Restricted Subsidiaries (other than under the Financing Documents), then the principal amount of the Revolving Loans shall be prepaid or Letter of Credit Liabilities shall be cash collateralized in the manner specified in Section 2.9(e) by an amount equal to 75% of the amount of the Net Cash Proceeds of such Debt to the extent necessary to eliminate any Overadvance outstanding at the time of such incurrence. The provisions of this Section 2.3(d) do not constitute a consent to the incurrence of any Debt by Borrower or any of its Subsidiaries not otherwise permitted by this Agreement. Unless the Required Lenders shall otherwise agree, the Overadvance Amount shall be reduced by the amount of each prepayment or cash collateralization pursuant to this Section 2.3(d).
Overadvance Amount. During the period from and after the Closing Date until September 30, 2008, the Overadvance Amount shall be $4,000,000, subject to any redetermination pursuant to Section 2.09(b). From and after September 30, 2008, the Overadvance Amount shall be $0.00.
Overadvance Amount. The definition of "Overadvance Amount" is deleted in its entirety.
Overadvance Amount. The Overadvance Amount, calculated on a combined basis for the Borrowers as of September 29, 1997 after giving effect to the Loans and Letters of Credit necessary to effect the Acquisition, as set forth in the combined Borrowing Base Certificate delivered to the Agents pursuant to Section 5.01(d)(xxii) hereof, shall not exceed $15,000,000.
Overadvance Amount. The sum of all Individual Overadvance Amounts outstanding at any one time, provided in no event shall the Overadvance Amount exceed $5,000,000 in the aggregate at any time.
Overadvance Amount. The Lender hereby agrees to waive compliance by Borrowers with respect to the prompt payment of aggregate unpaid principal balance of all Revolving Credit Loans exceeding the Borrowing Base plus the Overadvance Amount as discussed in Section 1.1.7 of the Credit Agreement for the period beginning December 31, 1997 and ending March 1, 1998.
