Overadvance Amount definition

Overadvance Amount has the meaning specified therefor in Section 2.4(f).

Overadvance Amount has the meaning specified in Section 2.5(b).

Overadvance Amount in Section 6.1 of the Credit Agreement is hereby amended and restated to read in its entirety as follows:

Examples of Overadvance Amount in a sentence

• Lender shall not be obligated to provide any Advances during any period that an Overadvance Amount is outstanding.

• If payment in full of the outstanding revolving loans is insufficient to eliminate the Overadvance Amount and Letter of Credit Usage continues to exceed the Borrowing Base, Borrowers shall maintain Letter of Credit Collateralization of the outstanding Letter of Credit Usage sufficient to eliminate the Overadvance Amount.

• If payment in full of the outstanding revolving loans is insufficient to eliminate the Overadvance Amount and Letter of Credit Usage continues to exceed the Borrowing Base, Borrowers shall maintain Letter of Credit Collateralization of the outstanding Letter of Credit Usage.

• Lender shall not be obligated to provide any Revolving Loans during any period that an Overadvance Amount is outstanding.

• If payment in full of the outstanding Revolving Loans is insufficient to eliminate the Overadvance Amount and Letter of Credit Usage continues to exceed the Maximum Revolver Amount, Borrowers shall maintain Letter of Credit Collateralization of the outstanding Letter of Credit Usage.

More Definitions of Overadvance Amount

Overadvance Amount has the meaning specified therefor in Section 2.9(c) hereof.

Overadvance Amount has the meaning set forth in Section 1.1(j).

Overadvance Amount means: (1) at any time from the Sixth Amendment Closing Date through April 1, 2009, the difference between (a) $3,500,000 and (b) the aggregate amount of proceeds received by a Borrower from Permitted Atchison Debt, Permitted Cray Debt and/or Permitted ENB Debt financings at such time; and (2) at any time after April 1, 2009, zero; provided, however, that in no event shall the Overadvance Amount be a negative number.

Overadvance Amount means at any time the amount by which ABL Facility Credit Exposure exceeds Available Credit.

Overadvance Amount means, as of the Eleventh Amendment Effective Date, $67,415,586; provided that such amount shall be reduced to $63,556,526 on the Reversion Date and will be further reduced in monthly installments on each of the dates set forth below in the amounts set forth below: March 31, 2009 $ 3,859,060 $ 59,697,466 Conversion Date $ 59,697,466 $ 0 “Parent” means AbitibiBowater Inc., a Delaware corporation f/k/a Alpha-Bravo Holdings, Inc.

Overadvance Amount means $2,000,000, less $83,300 on the fifteenth (15th) day of each month commencing with July 15, 2007 but reducing to $0 upon the end of the Term.

Overadvance Amount has the meaning specified therefor in Section 2.4(f) of this Agreement