ABR Borrowing definition

ABR Borrowing means a Borrowing comprised of ABR Loans.
ABR Borrowing means a Borrowing consisting of one or more Alternate Base Rate Loans.
ABR Borrowing means a Borrowing comprised of ABR Loans. “ABR Loan” shall mean any ABR Term Loan or ABR Revolving Loan.

Examples of ABR Borrowing in a sentence

  • If no election as to the Type of Borrowing is specified, then requested Borrowing shall be an ABR Borrowing.

  • At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $100,000 and not less than $500,000; provided that an ABR Revolving Borrowing may be in an aggregate amount that is equal to the entire unused balance of the aggregate Revolving Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.06(e).


More Definitions of ABR Borrowing

ABR Borrowing a Borrowing of ABR Loans.
ABR Borrowing means a Borrowing comprised of ABR Loans. "ABR Loan" shall mean any Standby Loan bearing interest at a rate
ABR Borrowing has the meaning set forth in the definition of “Borrowing”.
ABR Borrowing or “ABR Loan” means a Loan bearing interest based on ABR.
ABR Borrowing means, as to any Borrowing, the ABR Loans comprising such Borrowing. “ABR Loan” means a Loan that bears interest based on the ABR.
ABR Borrowing means a Borrowing comprised of ABR
ABR Borrowing means a Borrowing if such Advances are ABR Advances. “Euro-Dollar Borrowing” means a Borrowing if such Advances are Euro-Dollar Advances.