Overadvance Period definition

Overadvance Period means a period of up to twenty-eight (28) consecutive calendar days following the making of an Overadvance under Section 2.1(c) hereof.

Overadvance Period means the period commencing on the Closing Date and ending on the earlier of (i) November 30, 2002, or (ii) the date selected by the Borrower in accordance with the provisions of Section 2.5(c) hereof.

Overadvance Period means the period from June 30, 2004 through and including March 31, 2005.

Examples of Overadvance Period in a sentence

• During a Permitted Overadvance Period, and absent an Event of Default, the Administrative Agent shall make Advances up to the Permitted Overadvance Amount (which amount shall be included in the Borrowing Base and deemed to be the first Revolving Loans made and outstanding during the Permitted Overadvance Period).

• The Revolving Credit Commitments and/or Overadvance Period, as applicable, once terminated may not be reinstated and any amount of the Revolving Credit Commitments that has been reduced may not be reinstated.

• During the 2013 Seasonal Overadvance Period, Credit Parties shall not permit the Consolidated Adjusted EBITDA for Euramax and its Subsidiaries, which shall be tested as of the last day of each month occurring during the Financial Covenant Testing Period for the immediately preceding twelve-month period, to be less than $55,000,000.

• At the request of Agent or Requisite Lenders, for so long as there are Working Capital Obligations outstanding during a Seasonal Overadvance Period or during the 2013 Seasonal Overadvance Period, by 5:00 p.m. on the first Thursday of each month, Euramax shall deliver to Agent and each Lender a 13-week rolling cash flow forecast in form and substance satisfactory to Agent.

• At the request of Agent or Requisite Lenders, for so long as there are Working Capital Obligations outstanding during a Seasonal Overadvance Period, by 5:00 p.m. on the first Thursday of each month, Euramax shall deliver to Agent and each Lender a 13-week rolling cash flow forecast in form and substance satisfactory to Agent.

More Definitions of Overadvance Period

Overadvance Period means the period from and including the Ninth Amendment Effective Date to and including November 1, 2016.

Overadvance Period means each period of no more than 60 days during which Overadvances are outstanding. Within the limits of the Borrowing Capacity, and subject to the limitations set forth in this Agreement, Borrower may borrow, repay and reborrow Advances."

Overadvance Period means the period from the Closing Date to the earlier of (i) May , 2009 or (ii) the date that the Overadvance Amount has been reduced to zero pursuant to Section 2.3(d) or 2.16(e).

Overadvance Period means the period from and including the Seventh Amendment Effective Date to and including May 1, 2016.

Overadvance Period set forth in Section 1.1 of the Agreement are hereby deleted.

Overadvance Period means the period commencing on the Amendment No. 5 Effective Date and ending on October 15, 2001.

Overadvance Period the period from December 5, 1995 to and including the date that is the earlier of (1) the date Customer receives written notice from IBM Credit following the occurrence of a Special Event of Default that the Overadvance Period is being terminated, (2) the date thirty (30) days, or such later date specified by IBM Credit, after Customer receives notice from IBM Credit during the continuance of a Default that the Overadvance Period is being terminated, and (3) March 31, 1995.