ABR Revolving Loan definition

ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.
ABR Revolving Loan means a Revolving Loan to the US Borrower bearing interest at a rate determined by reference to the Alternate Base Rate.
ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

Examples of ABR Revolving Loan in a sentence

  • Any payment made by a Revolving Facility Lender pursuant to this paragraph to reimburse an Issuing Bank for any L/C Disbursement (other than the funding of an ABR Revolving Loan or a Swingline Borrowing as contemplated above) shall not constitute a Loan and shall not relieve the Borrower of its obligation to reimburse such L/C Disbursement.

  • Any payment made by a Revolving Facility Lender pursuant to this paragraph to reimburse an Issuing Bank for any L/C Disbursement (other than the funding of an ABR Revolving Loan or a Swingline Borrowing as contemplated above) shall not constitute a Loan and shall not relieve the Borrower or any Co-Borrower of its obligation to reimburse such L/C Disbursement.


More Definitions of ABR Revolving Loan

ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.
ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the ABR.
ABR Revolving Loan means a Revolving Loan that is an ABR Loan.
ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of ARTICLE II.
ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II. “ABR Term Loan” shall mean any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II. “Adjusted LIBO Rate” shall mean, with respect to any Eurocurrency Borrowing for any Interest Period,Daily Simple SOFR” means an interest rate per annum equal to (a) the LIBO Rate in effect for such Interest Period divided by (b) one minus the Statutory Reserves applicable to such Eurocurrency Borrowing, if anyDaily Simple SOFR, plus (b) 0.11448%; provided, that (x) in the case of Eurocurrency Borrowings composed of Revolving Loans, if the Adjusted LIBODaily Simple SOFR Rate shallas so determined would be less than zerothe Floor, such interest rate shall be deemed to be zero and (y) inequal to the case of such Eurocurrency Borrowings composed of 2021 Term Loans,Floor for the purposes of this Agreement. “Adjusted Term SOFR Rate” means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) the Term SOFR Adjustment; provided that if the Adjusted LIBOTerm SOFR Rate shallas so determined would be less than 0.50%, such interestthe Floor, such rate shall be deemed to be 0.50%equal to the Floor for the purposes of this Agreement. “Adjustment Date” shall have the meaning assigned to such term in the definition ofPricing Grid.” “Administrative Agent” shall have the meaning assigned to such term in the introductory paragraph of this Agreement, together with its permitted successors and assigns. “Administrative Agent Fees” shall have the meaning assigned to such term in Section 2.12(c). “Administrative Questionnaire” shall mean an Administrative Questionnaire in the form of Exhibit B or such other form supplied by the Administrative Agent. “Affected Financial Institution” shall mean (a) any EEA Financial Institution or (b) any UK Financial Institution. “Affiliate” shall mean, when used with respect to a specified person, another person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the person specified. “Affiliate Lender” shall have the meaning assigned to such term in Section 9.21(a). “Agents” shall mean the Administrative Agent and the Collateral Agent. “Agreement” shall have the meaning assigned to such term in the introductory par...
ABR Revolving Loan means any Revolving Loan denominated in Dollars or Canadian Dollars bearing interest at a rate determined by reference to the ABR.
ABR Revolving Loan means any Revolving R-2 Facility Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.