Example ContractsClausesoveradvancesVariants
Overadvances
Overadvances contract clause examples

together with all other Permitted Overadvances then outstanding, shall not # exceed 5.00% of the Borrowing Base, in the aggregate outstanding at any time or # unless a Liquidation is taking place, remain outstanding for more than 45 consecutive Business Days;

together with all other Protective Advances then outstanding, shall not # exceed tenthe greater of five percent (105%) of the Modified Borrowing Base and $20,000,000 at any time or # unless a Liquidation is taking place, remain outstanding for more than forty-five (45) consecutive Business Days, unless in each case, the Requisite Revolving Credit Lenders and the [[FILO Documentation Agent:Organization]] otherwise agree;

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