ABR Term Loan definition

ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.
ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of
ABR Term Loan means any Tranche B 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 Term Loan in a sentence

  • At the time that each ABR Term Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $5,000,000; provided that an ABR Term Loan Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Term Loan Commitments.

  • The Initial Term B Loans comprising each ABR Term Loan Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Margin for ABR Initial Term B Loans.

  • Each repayment of Term Loan Borrowings shall be applied to repay any outstanding ABR Term Loan Borrowings first, and then to outstanding Eurodollar Term Loan Borrowings in the order of the remaining duration of their respective Interest Periods (the Borrowing with the shortest remaining Interest Period to be repaid first).

  • The Initial Term B Loans comprising each ABR Term Loan Borrowing shall bear interest at the Base Rate plus the Applicable Margin for ABR Initial Term B Loans.

  • To request a Term Borrowing, the Borrower shall notify the Administrative Agent of such request (as provided in Section 9.01) in writing by providing a Borrowing Request in the form of Exhibit C hereto (a) in the case of a Eurocurrency Borrowing, not later than such time as the Administrative Agent and Lead Arrangers shall agree, (b) in the case of an ABR Term Loan Borrowing, not later than such time as the Administrative Agent and Lead Arrangers shall agree.


More Definitions of ABR Term Loan

ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II .
ABR Term Loan shall have corresponding meanings. All ABR Loans shall be denominated in Dollars.
ABR Term Loan means any ABR Term B-1 Loan or any ABR Term B-2 Loan.
ABR Term Loan means a Term Loan that is an ABR Loan.
ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II. "Acquisition" shall mean the purchase by Oak, pursuant to the Stock Purchase Agreement, of 100 percent of the issued and outstanding shares of the capital stock of Lasertron for a gross purchase price no greater than $112,000,000. "Adjusted LIBO Rate" shall mean, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1 percent) equal to the product of (a) the LIBO Rate in effect for such Interest Period and (b)
ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II. “Additional Subsidiary Guarantor” shall mean any Material Subsidiary that the Borrower has proposed and the Required Lenders have accepted as an Additional
ABR Term Loan appearing in Section 1.01 of the Credit Agreement is hereby amended by deleting the text “any B Term Loan” appearing therein and inserting the text “any Term Loan” in lieu thereof.