Overadvance
Overadvance. (a) the amount by which the Outstanding Advances exceed the Maximum Credit Line, or (b) the amount by which the Outstanding Advances exceed Purchased Accounts which are not Chargeback Accounts multiplied by the Advance Rate.
Found in
Scott's Liquid Gold - Inc. contract
Overadvance. An advance by Lender hereunder or under the RLOC Note when an Overadvance Condition exists or would result from the making of such advance
Found in
RTI SURGICAL, INC. contract
Overadvance. Advances exceed the maximum outstanding Principal balance
All Definitions
Found in
OPTICAL CABLE CORP contract
