SHORT-TERM ADVANCE definition
SHORT-TERM ADVANCE means, save as otherwise provided herein, an advance made or to be made by the Banks pursuant to Clause 8 (Request for Offers) and the other terms hereof.
SHORT-TERM ADVANCE means any Advance denominated in sterling made by the Overdraft Provider in that capacity pursuant to the terms hereof;
SHORT-TERM ADVANCE shall have the meaning set forth in Section
Examples of SHORT-TERM ADVANCE in a sentence
Smith Telephone: 1 4▇▇ ▇▇▇ ▇▇▇▇ ▇ax: 1 4▇▇ ▇▇▇ ▇▇▇▇ THE FACILITY ▇▇▇▇▇ ▇▇▇ ▇▇▇SE MANHATTAN BANK By: Address: 270 Park Avenue New ▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇: ▇▇▇▇▇ Gabbidon Telephone: 1 2▇▇ ▇▇▇ ▇▇▇▇ ▇elefax: 1 2▇▇ ▇▇▇ ▇▇▇▇ ANNEX US$1,000,000,000 MULTICURRENCY REVOLVING CREDIT AGREEMENT with SHORT-TERM ADVANCE, SWING-LINE AND LETTER OF CREDIT OPTIONS between KONINKLIJKE AHOLD N.V. AHOLD USA HOLDINGS, INC.
More Definitions of SHORT-TERM ADVANCE
SHORT-TERM ADVANCE means an Advance made under any New Bonneville Obligation, where the Advance has a final maturity date for repayment that is less than three years from the date the funds are advanced. An Advance that refunds at maturity or funds the repurchase before maturity of an Advance or portion thereof (including a Long-Term Advance) is a Short-Term Advance if the Advance being refunded or repurchased has a final maturity date for repayment that is less than three years following the date on which the funds are advanced.
SHORT-TERM ADVANCE means any Advance denominated in Swiss francs made by the Overdraft Provider in that capacity pursuant to the terms hereof; "TERM" means, save as otherwise provided herein, in relation to any Advance hereunder (other than a Short-Term Advance), the period for which such Advance is borrowed (as specified in the Utilisation Request relating thereto) and, in relation to any Letter of Credit, the period from the date on which such Letter of Credit is issued until its Expiry Date (as specified in the Utilisation Request relating thereto); "TERMINATION DATE" means the day which is sixty months after the Closing Date (as defined in the Credit Agreement); "TOTAL COMMITMENTS" means the aggregate for the time being of the Banks' Commitments; "TRANSFER CERTIFICATE" means a certificate substantially in the form set out in the Second Schedule signed by a Bank and a Transferee whereby: (i) such Bank seeks to procure the transfer to such Transferee of all or a part of such Bank's rights and obligations hereunder upon and subject to the terms and conditions set out in Clause 30; and (ii) such Transferee undertakes to perform the obligations it will assume as a result of delivery of such certificate to the Borrowers and the Agent as is contemplated in Clause 30; "TRANSFER DATE" means, in relation to any Transfer Certificate or Overdraft Provider Transfer Certificate, the date for the making of the transfer as specified in the schedule to such Transfer Certificate or Overdraft Provider Transfer Certificate (as the case may be); "TRANSFEREE" means a bank or other financial institution to which a Bank transfers all or part of such Bank's rights and obligations hereunder in accordance with Clause 30; "UK FACILITY" means the amended and restated revolving credit, letter of credit and contract guarantee facility made available to Pelikan Scotland Limited by Barclays Bank PLC and NationsBank, N.A. of even date hereof; "UTILISATION" means a utilisation of the Facility hereunder; "UTILISATION DATE" means the date of a Utilisation, being the date on which the Advances in respect thereof are to be made or the Letter of Credit in respect thereof is to be issued; and "UTILISATION REQUEST" means a notice given to the Agent pursuant to Clause 6.1 substantially in the -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- form set out in the Fourth Schedule.
SHORT-TERM ADVANCE has the meaning given to it in SECTION 2.6.
SHORT-TERM ADVANCE means any Advance denominated in Swiss francs made by the Overdraft Provider in that capacity pursuant to the terms hereof';