Overadvances definition

Overadvances has the meaning set forth in Section 2.2(b).
Overadvances has the meaning specified in Section 2.1.4(c).
Overadvances has the meaning assigned to such term in Section 2.05(b).

Examples of Overadvances in a sentence

  • The making of any such Permitted Overadvance on any one occasion shall not obligate the Agent or any Lender to make or permit any Permitted Overadvance on any other occasion or to permit such Permitted Overadvances to remain outstanding.

  • The Agent shall have no liability for, and no Loan Party or Credit Party shall have the right to, or shall, bring any claim of any kind whatsoever against the Agent with respect to Unintentional Overadvances regardless of the amount of any such Overadvance(s).

  • This Section shall not apply to Swingline Borrowings, Overadvances or Protective Advances, which may not be converted or continued.

  • The ability of Agent to make Protective Advances is separate and distinct from its ability to make Overadvances and its ability to make Overadvances is separate and distinct from its ability to make Protective Advances.

  • In addition, Overadvances may be made even if the condition precedent set forth in Section 4.02(c) has not been satisfied.


More Definitions of Overadvances

Overadvances means, individually and collectively as the context may require, the U.S. Overadvances and the Canadian Overadvances.
Overadvances shall have the meaning assigned to such term in Section 2.19(b).
Overadvances is defined in Section 2.1.4(b).
Overadvances loans by the Lender to the Borrower in excess of those described in Section 2.1(a).
Overadvances means Canadian Overadvances and Domestic Overadvances, collectively.
Overadvances has the meaning specified in Section 2.10.
Overadvances is defined in Section 2.2.2.