Substitute ABR Loans Sample Clauses

Substitute ABR Loans. If the obligation of any Lender to make Eurocurrency Loans shall be suspended pursuant to Section 6.01, 6.02 or 6.03 hereof, all Loans in Dollars which would otherwise be made by such Lender as Eurocurrency Loans shall be made instead as ABR Loans (and, if an event referred to in Section 6.01(b)or 6.03 hereof has occurred and such Lender so requests by notice to the Company with a copy to the Administrative Agent, each Dollar-denominated Eurocurrency Loan of such Lender then outstanding shall be automatically converted into an ABR Loan on the date specified by such Lender in such notice) and, to the extent that Eurocurrency Loans are so made as (or converted into) ABR Loans, all payments of principal which would otherwise be applied to such Eurocurrency Loans shall be applied instead to such ABR Loans.
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Substitute ABR Loans. If the obligation of any Lender to make Term Benchmark Loans shall be suspended pursuant to Section 6.01, 6.02 or 6.03 hereof, all Loans in Dollars which would otherwise be made by such Lender as Term Benchmark Loans shall be made instead as ABR Loans (and, if an event referred to in Section 6.01(b) or 6.03 hereof has occurred and such Lender so requests by notice to the Company with a copy to the Administrative Agent, each Dollar-denominated Term Benchmark Loan of such Lender then outstanding shall be automatically converted into an ABR Loan on the date specified by such Lender in such notice) and, to the extent that Term Benchmark Loans are so made as (or converted into) ABR Loans, all payments of principal which would otherwise be applied to such Term Benchmark Loans shall be applied instead to such ABR Loans. If the obligation of any Lender to make CDORCORRA Rate Loans shall be suspended pursuant to Section 6.01, 6.02 or 6.03 hereof, all Loans in Canadian Dollars which would otherwise be made by such Lender as CDORCORRA Rate Loans shall be made instead as C$ Prime Loans (and, if an event referred to in Section 6.01(b) or 6.03 hereof has occurred and such Lender so requests by notice to the Company with a copy to the Administrative Agent, each Canadian Dollar-denominated CDORCORRA Rate Loan of such Lender then outstanding shall be automatically converted into a C$ Prime Loans Loan on the date specified by such Lender in such notice) and, to the extent that CDORCORRA Rate Loans are so made as (or converted into) C$ Prime Loans, all payments of principal which would otherwise be applied to such CDORCORRA Rate Loans shall be applied instead to such C$ Prime Loans.
Substitute ABR Loans. 50 6.05 Compensation...................................................50 6.06
Substitute ABR Loans. 56 6.5 COMPENSATION....................................................................56 6.6 CAPITAL ADEQUACY................................................................57 6.7
Substitute ABR Loans. 61 6.05. Compensation.............................................................61 6.06. Capital Adequacy.........................................................62 6.07. Substitution of Lender...................................................62 6.08. Additional Costs in Respect of Letters of Credit.........................62 Section 7 Conditions Precedent........................................................63 7.01. Effective Date...........................................................63 7.02. Initial and Subsequent Loans.............................................65 Section 8 Representations and Warranties..............................................65 8.01. Corporate Existence......................................................65 8.02. Information..............................................................66 8.03. Litigation...............................................................67 8.04. No Breach................................................................67 8.05. Corporate Action.........................................................67 8.06. Approvals................................................................67 8.07. Regulations U and X......................................................68 8.08. ERISA and the Canadian Pension Plans.....................................68 8.09. Taxes....................................................................68 8.10. Subsidiaries; Agreements; Etc............................................68 8.11. Investment Company Act...................................................68 8.12. Public Utility Holding Company Act.......................................69 8.13. Ownership and Use of Properties..........................................69 8.14. Environmental Compliance.................................................69 8.15. Solvency.................................................................69 8.16. Senior Debt..............................................................69 Section 9 Covenants...................................................................70 9.01. Financial Statements and Other Information...............................70 9.02. Taxes and Claims.........................................................72 9.03. Insurance................................................................72 9.04. Maintenance of Existence; Conduct of Business............................73 9.05. Maintenance of and Access to Properties..................................73 9.06. Compliance...

Related to Substitute ABR Loans

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

  • Borrowing Mechanics for Term Loans (i) the Borrower shall deliver to the Administrative Agent a fully executed Borrowing Notice no later than three (3) Business Days prior to the Closing Date. Promptly upon receipt by the Administrative Agent of such Borrowing Notice, the Administrative Agent shall notify each Lender of the proposed borrowing.

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