ABR Loans definition

ABR Loans. Loans the rate of interest applicable to which is based upon the ABR.
ABR Loans means Loans the rate of interest applicable to which is based upon the ABR.
ABR Loans means Loans that bear interest at rates based upon the Alternate Base Rate.

Examples of ABR Loans in a sentence

  • All or any part of outstanding Term Benchmark Loans denominated in Dollars and ABR Loans denominated in Dollars may be converted as provided herein, provided that no Loan may be converted into a Eurocurrency Loan or Term Benchmark Loan after the date that is one month prior to (i) in the case of a Loan made by an Objecting Bank, such Objecting Bank’s Commitment Expiration Date, and (ii) in the case of all Loans, the Termination Date.

  • Subject to Section 2.13, (i) each Borrowing of a Class shall be constituted entirely of ABR Loans, of RFR Loans or of Term Benchmark Loans of such Class denominated in a single Currency as the Borrower may request in accordance herewith.

  • Each ABR Loan shall be denominated in Dollars and (ii) each Pro-Rata Borrowing shall be constituted entirely of ABR Loans or of Term Benchmark Loans denominated in Dollars.


More Definitions of ABR Loans

ABR Loans means Loans bearing interest based upon the ABR.
ABR Loans. Loans denominated in Dollars the rate of interest applicable to which is based upon the ABR.
ABR Loans. Committed Rate Loans at such time as they are made and/or being maintained at a rate of interest based upon the ABR.
ABR Loans. Revolving Credit Loans bearing interest based upon the ABR.
ABR Loans means Loans that bear interest at a rate or rates determined by reference to the Alternate Base Rate.
ABR Loans. Loans and Swingline Loans, the rate of interest applicable to which is based upon the ABR.
ABR Loans. Loans the rate of interest applicable to which is based upon the ABR or, with respect to Canadian Facility Revolving Credit Loans, the Canadian Prime Rate.