Common use of ABR Tranches Clause in Contracts

ABR Tranches. The portion of the Loans comprising each ABR Tranche shall bear interest at the Alternate Base Rate plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

Appears in 5 contracts

Samples: Second Lien Term Loan Agreement (Rosetta Resources Inc.), Second Lien Term Loan Agreement (Petrohawk Energy Corp), Second Lien Term Loan Agreement (Linn Energy, LLC)

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ABR Tranches. The portion of the Loans comprising each ABR Tranche shall bear interest at the sum of the Alternate Base Rate plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Jones Energy, Inc.)

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ABR Tranches. The portion of the Floating Rate Loans comprising each ABR Tranche shall bear interest at the Alternate Base Rate plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Rosetta Resources Inc.)

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