Overadvance Loan definition

Overadvance Loan means a Base Rate Revolving Loan made when an Overadvance exists or is caused by the funding thereof.
Overadvance Loan means a Base Rate Loan made when an Overadvance exists or is caused by the funding thereof.
Overadvance Loan a Base Rate Revolver Loan made when an Overadvance exists or is caused by the funding thereof.

Examples of Overadvance Loan in a sentence

  • Agent agrees to use its commercially reasonable best efforts to promptly notify the Lenders of the issuance of an Overadvance Loan; provided, that Agent shall have no liability for any failure to provide any such notice.


More Definitions of Overadvance Loan

Overadvance Loan means an ABR Borrowing made when an Overadvance exists or is caused by the funding thereof.
Overadvance Loan means a U.S. Overadvance Loan and/or a Canadian Overadvance Loan, as the context may require.
Overadvance Loan means a (i) U.S. Base Rate Loan made when an Overadvance exists or is caused by the funding thereof under the U.S. Tranche A Subfacility, (ii) a Canadian Prime Loan and/or Canadian Base Rate Loan when an Overadvance exists or is caused by the funding thereof under the Canadian Subfacility or (iii) a European Base Rate Loan when an Overadvance exists or is caused by the funding thereof under the Dutch Subfacility.
Overadvance Loan means a Revolving Credit Loan that bears interest at a rate based on the Default Rate made when an Overadvance exists or an Overadvance is caused by the funding thereof.
Overadvance Loan means a CBFR Loan made when an Overadvance exists or is caused by the funding thereof.
Overadvance Loan a Tranche A Base Rate Revolver Loan or Tranche B Base Rate Revolver Loan made when an Overadvance exists or is caused by the funding thereof.
Overadvance Loan has the meaning set forth in SECTION 2.01(c).