Common use of SPECIFIC PROVISIONS FOR THE MULTIPRODUCT FACILITY WHEREBY OVERDRAFT SUBCEILINGS ARE GRANTED Clause in Contracts

SPECIFIC PROVISIONS FOR THE MULTIPRODUCT FACILITY WHEREBY OVERDRAFT SUBCEILINGS ARE GRANTED. If, within the Multiproduct Facility, Credit Facilities have been granted in other currencies than the Reference Currency, and by a full utilisation of the overdraft Subceilings the Available Credit Limit would be exceeded, the Bank will automatically block a part of the value of the overdraft Subceilings in order not to allow the exceeding of the Available Facility Limit. The amount which is blocked shall be calculated as the aggregate sum of the overdraft Subceilings which would determine, if used, the exceeding of the Available Facility Limit. The amount blocked at the level of each overdraft Subceilings is pro rata to the value of the undrawn amounts from each relevant Subceiling by reference to the value of the undrawn amounts at the time of blocking.