OverLoans

OverLoans. Shall mean Revolving Loans, together with the Second Supplemental Loan, which are in excess of the formula advance limits (inclusive of Availability Reserves) set forth in Section 2.1(a) of the Loan Agreement. For the purposes of determining Revolving Loan Senior Debt in respect of the application of payments pursuant to Section 6.4(b) hereof, the amount of any OverLoan shall be determined on the date of any such payment immediately prior to such payment. For the purposes of determining... Revolving Loan Senior Debt in respect of the application of payments pursuant to Section 6.4(c) and 6.4(d) below, the amount of any OverLoan shall be determined on the date of the occurrence of a Priority Event, provided, that, after the occurrence and during the continuance of a Priority Event, any additional advances or other financial accommodations made by Lender without Participant's prior written consent shall be determined on the date of such advance or other financial accommodation. View More