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 and including the Ninth Amendment Effective Date to and including November 1, 2016.

Examples of Overadvance Period in a sentence

• 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.

• 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).

• During a Seasonal Overadvance Period, upon the satisfaction of the Seasonal Overadvance Conditions, the delivery of the Seasonal Overadvance Notice, and Agent’s acceptance of the same (and the inclusion of the Seasonal Overadvance Amount in the Borrowing Base), all Revolving Loans up to the Seasonal Overadvance Amount (which shall be deemed to be the first Revolving Loans made and outstanding) shall bear interest based upon the rates set forth above, as applicable, plus 0.50%.

• 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 June 30, 2004 through and including March 31, 2005.

Overadvance Period shall require the written consent of all Lenders.

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

Overadvance Period means the period from the Closing Date to the earlier of (i) April 23, 2008 or (ii) the date that the Overadvance Amount has been reduced to zero pursuant to Section 2.05.

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 commencing on the date hereof and ending on June 30, 1999 during which the aggregate of all Revolving Credit Loans, B/A Exposure and L/C Exposure exceeds the Borrowing Base by a sum not greater than $1,200,000.00.

Overadvance Period means the period from the Closing Date to the earlier of (a) September 7, 2008 and (b) the IPO Effective Date.