OverAdvanced Amount
OverAdvanced Amount. Means, as of any day, the greater of (i) zero (0) and (ii) an amount equal to the aggregate outstanding principal balance of the Advances and Swingline Advances as of such date and the Advance Credit Balance as of such date reduced by any Cash on deposit in the Collateral Account representing Principal Proceeds and Eligible Investments in the Collateral Account representing Principal Proceeds minus the Maximum Advance as of such day.
All Definitions
Found in
NewStar Financial, Inc. contract