Annual overdraft definition

Annual overdraft as used in this act means the amount, determined by the board of directors, by which the production of water from the groundwater supplies within said
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Annual overdraft means the amount by which the production of water from the ground water supplies within the district during the water year exceeds the natural replenishment of such ground water supplies in such year.
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Annual overdraft. ’ means the amount, determined by
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More Definitions of Annual overdraft

Annual overdraft. ’ means the amount, determined by the board, by which the production of water from the
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Related to Annual overdraft

  • 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.

  • Service credit year means an accumulation of months of

  • Daily One Month LIBOR means, for any day, the rate of interest equal to LIBOR then in effect for delivery for a one (1) month period.

  • Loan Year means each period of twelve (12) consecutive months commencing on the Closing Date and on each anniversary thereof.