Overdraft Facility Agreement definition

Overdraft Facility Agreement means an agreement between the Borrowers and a Lender for an overdraft facility agreement in the amount of the Overdraft Facility Commitment.
Sample 1Sample 2Sample 3
Overdraft Facility Agreement means any agreement between a member of the Group and the Overdraft Bank relating to the Overdraft Facility. PARTY means a party to this Deed.
Sample 1
Overdraft Facility Agreement means an uncommitted overdraft credit facility for the benefit of the Euro Holding Company as evidenced by a separate agreement between the Overdraft Lender and the Euro Holding Company, as the same may be amended, modified, exchanged or substituted from time to time.”
Sample 1

Examples of Overdraft Facility Agreement in a sentence

  • The Overdraft Facility Agreement shall be valid and effective only and exclusively together with the bank account agreement concerning the keeping of a transactional or payment account that constitutes the basis of the Bank Account.

  • The Period of Availability of the Overdraft Facility shall end on the day preceding the date of Maturity of the Overdraft Facility Agreement.

  • Within the limit of the Overdraft Facility specified in the Multicurrency Overdraft Facility Agreement, up to the Overdraft Sub-Facilities defined in the currencies of the Bank Accounts therein identified, in the currency of such Overdraft Sub-Facilities, the Bank shall provide Overdraft Loans for the Customer without specific instructions from the Customer at the time and in such amount as is necessary to meet any payment order submitted against the specific Bank Account of the Customer.

  • Within the limit of the Overdraft Facility specified in the Overdraft Facility Agreement, the Bank shall provide an Overdraft Loan for the Customer in respect of the Bank Account specified in the Overdraft Facility Agreement without specific instructions from the Customer at the time and in such amount as is necessary to meet any payment order submitted against the aforementioned Bank Account of the Customer.

  • In the case of an Overdraft Facility Agreement or Revolving Loan Facility Agreement, no prior notice shall be sent by the Bank, and the Customer shall be notified of the amount of interests, fees and commissions that have fallen due after the debiting of the same, via statements of account.

  • Notwithstanding anything to the contrary in the Account Agreement or an Overdraft Facility Agreement, however, you must immediately repay any overdraft resulting from debits made under this Section.

  • Notwithstanding the presence of any Overdraft Facility Agreement we may in our sole discretion require any outstanding debit balance to be repaid on demand by notice given in writing or personally delivered to you at your usual or last known place of abode.

  • At our discretion, we may dishonour or refuse any transaction that causes or will cause your account to go into a debit position unless previously arranged and in accordance with the terms and conditions of any Overdraft Facility Agreement.

  • Timing and mechanics of Overdraft Loans shall be as set forth in the Overdraft Facility Agreement.

  • Subject to the terms of this Agreement, the Euro Holding Company may borrow, repay and reborrow Overdraft Loans at any time prior to the Facility Termination Date in accordance with the terms of the Overdraft Facility Agreement.


More Definitions of Overdraft Facility Agreement

Overdraft Facility Agreement means the SEK 865,000,000 overdraft facilities entered into by the Issuer and DNB Sweden AB/DNB Bank ASA, Sweden Branch, Swedbank AB, Svenska Handelsbanken AB and Danske Bank A/S, Danmark, Sverige Filial.
Sample 1
Overdraft Facility Agreement means the multicurrency overdraft facility agreement in the maximum amount of HUF 1,120,000,000 available in HUF, USD and EUR concluded by the Borrower and the Bank under the contract no. EMC-1/2009 dated on 5 January 2009 which was amended several times previously and on or about the date of this Credit Facility Agreement.
Sample 1

Related to Overdraft Facility Agreement

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • Credit Facility Agreement means any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

  • Senior Facility Agreement means the Facility Agreement dated 27 June 2016 (as amended from time to time) between, among others, Bendon Limited (as initial borrower) and the Debtor (as initial guarantor), and all other loan facility agreement(s) between (among others) the Senior Creditor and the Debtor from time to time and also includes each other document evidencing the provision of, or setting out the terms that apply to, any Senior Debt (of whatever nature) made or to be made available by the Senior Creditor to the Debtor from time to time (howsoever documented).

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Facility Agreement means an agreement or arrangement between a State Party and the Organization relating to a specific facility subject to on-site verification pursuant to Articles IV, V and VI.

  • Original Facility Agreement means the facility agreement dated 19 December 2018 and made between, amongst others, (i) the Borrower, (ii) the Lenders, (iii) the Mandated Lead Arrangers, (iv) the Facility Agent and the SACE Agent and (v) the Security Trustee.

  • Local Facility Agreements means any agreement under which a Local Facility is made available.

  • Existing Facility Agreement has the meaning specified therefor in the recitals hereto.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Credit Party and any Cash Management Bank.

  • Facility Letter means, in relation to any Facilities, such facility letters from Citibank to me or any agreement, document or instrument or arrangement from time to time made between Citibank and me relating to such Facilities, whether they are expressed to be subject to the Terms or otherwise.

  • Overdraft Obligations means, with respect to any Portfolio, the amount of any outstanding Overdraft(s) provided by the Custodian to such Portfolio together with all accrued interest thereon.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Credit Line Agreement means the related credit line account agreement for a Mortgage Loan executed by the related mortgagor and any amendment or modification of it.

  • Specified Cash Management Agreement any agreement providing for treasury, depositary or cash management services, including in connection with any automated clearing house transfers of funds or any similar transactions between the Borrower or any Guarantor and any Lender or affiliate thereof or any Agent or affiliate thereof, which has been designated by such Lender and the Borrower, by notice to the Administrative Agent not later than 90 days after the execution and delivery by the Borrower or such Guarantor, as a “Specified Cash Management Agreement”.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Credit Agreement Documents means the collective reference to any Credit Agreement, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Repayment Agreement means an agreement

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Credit Agreement Obligations means the “Obligations” as defined in the Credit Agreement.

  • Cash Management Agreements means those certain cash management agreements, in form and substance satisfactory to Agent, each of which is among the applicable Credit Party, Agent, and one of the Cash Management Banks.