Cash Line definition

Cash Line means the aggregate amount of Cash Advances evidenced by the Cash Note which BANK may extend to BORROWER subject to and in accordance with the provisions of Article II hereof.
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Examples of Cash Line in a sentence

  • You may also use Your Card in conjunction with Your PIN in any of Our network of ATMs and such other machines or facilities as We may designate to make the following transactions: (a) withdraw cash from Your savings and checking Account(s); (b) transfer funds between Your savings and checking Account(s); (c) make miscellaneous inquiries on Your savings and checking balances; and (d) take advances on Your Quick Cash Line of Credit.

  • In the event these overdraft protection plans are utilized, we will use our best efforts to transfer available funds from the eligible Savings or Club Account to your Checking Account, or to make an advance of funds under the eligible 1st Cash Line of Credit Agreement to your Checking Account, to remedy the overdraft.

  • Electronic funds transfers (“EFTs”) are electronically initiated transfers of money through VISA Debit Card (“Card”) transactions, automated teller machines (“ATMs”), Cash Line Audio System, electronic check transaction and online banking access system involving your deposit accounts at the Credit Union.

  • Capital Outlay Cash includes General Funds, NRP Bonds, Cash Line of Credit and/or Bonds sold.

  • Electronic funds transfers (“EFTs”) are electronically initiated transfers of money through VISA Debit Card transactions, automated teller machines (“ATMs”), Cash Line Audio System, electronic check transaction and online banking access system involving your deposit accounts at the Credit Union.

  • Ready Cash Line of Credit is a line of credit that can provide coverage for Overdrafts and help you manage unexpected expenses.

  • With a Ready Cash Line of Credit, funds from your credit line will be transferred into your Account, up to your approved credit limit, when your Available Balance is depleted.

  • If your Account has a Ready Cash Line of Credit associated with it, the terms and conditions contained in your Ready Cash Personal Line of Credit Agreement and Disclosure Statement will control with respect to Overdrafts and this service.

  • Pursuant to a Loan and Security Agreement between Borrower and Bank dated August 8, 1989 (together with the Consolidating Amendment referred to in Paragraph B below, the "Loan Agreement"), Bank extended to Borrower (i) a $1,000,000 line of credit ("Cash Line"), (ii) a $1,500,000 time loan ("Time Loan") and (iii) a $1,000,000 term loan ("Term Loan").

  • Provided that no Event of Default or Unmatured Event of Default shall have occurred and be continuing, and subject to the terms and conditions set forth herein, commencing with the date hereof and expiring on the Termination Date, BANK will extend to BORROWER the Cash Line pursuant to which the BANK will make aggregate Cash Advances to or for the benefit of BORROWER up to the Maximum Cash Line, which BORROWER may from time to time borrow, repay and reborrow.

Related to Cash Line

  • Cash Liquidity means, with respect to any Person, on any date of determination, the sum of (i) unrestricted cash, plus (ii) Available Borrowing Capacity, plus (iii) Cash Equivalents.

  • Coating line means one or more apparatus or operations which include a coating applicator, flash-off area, and oven wherein a surface coating is applied, dried, or cured.

  • Cash Liquidation As to any defaulted Mortgage Loan other than a Mortgage Loan as to which an REO Acquisition occurred, a determination by the Master Servicer that it has received all Insurance Proceeds, Liquidation Proceeds and other payments or cash recoveries which the Master Servicer reasonably and in good faith expects to be finally recoverable with respect to such Mortgage Loan.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Issuer or any Restricted Subsidiary: