Common use of ABR Borrowings and Canadian Prime Rate Borrowings Clause in Contracts

ABR Borrowings and Canadian Prime Rate Borrowings. The Loans comprising each ABR Borrowing (including each Swingline Loan) shall bear interest at the Alternate Base Rate plus the Applicable Rate. The Loans to a Canadian Borrower comprising each Canadian Prime Rate Borrowing shall bear interest at the Canadian Prime Rate plus the Applicable Rate

Appears in 4 contracts

Samples: Credit Agreement (IHS Markit Ltd.), Credit Agreement (IHS Inc.), Guaranty Agreement (IHS Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.