Adjusted Alternate Base Rate definition

Adjusted Alternate Base Rate means a floating interest rate equal to the Alternate Base Rate plus the ABR Applicable Margin changing when and as the Alternate Base Rate and ABR Applicable Margin changes.
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Adjusted Alternate Base Rate means, (a) for all Interest Periods ending on or prior to September 30, 2010, Alternate Base Rate plus 250 basis points, (b) for all Interest Periods commencing after September 30, 2010 and ending on or prior to September 30, 2011, Alternate Base Rate plus 260 basis points, and (c) for all Interest Periods commencing after September 30, 2011, Alternate Base Rate plus 290 basis points.
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Adjusted Alternate Base Rate means, at any time with respect to any ABR Loan, a rate per annum equal to the Alternate Base Rate as in effect at such time plus the Applicable Margin Percentage for such ABR Loan, as in effect at such time.
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Examples of Adjusted Alternate Base Rate in a sentence

  • All Swingline Loans shall bear interest at the Adjusted Alternate Base Rate and shall be deemed to be Adjusted Alternate Base Rate Advances.

  • Interest accrued on each Adjusted Alternate Base Rate Advance, LIBOR Advance and Swingline Loan shall be payable in arrears from time to time on each of (i) the first day of each calendar month, commencing with the first such date to occur after the date hereof, (ii) the Maturity Date, and (iii) the effective date of any termination of the Aggregate Commitment in full pursuant to Section 2.17.

  • Each LIBOR Advance shall be in the minimum amount of $2,000,000 (and in multiples of $100,000 if in excess thereof), each Adjusted Alternate Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $100,000 if in excess thereof) and each Swingline Advance shall be in the minimum amount of $50,000 (and in multiples of $25,000 if in excess thereof), provided, however, that any Adjusted Alternate Base Rate Advance may be in the amount of the unused Aggregate Commitment.

  • The ratable Advances may be Adjusted Alternate Base Rate Advances, LIBOR Advances or a combination thereof, selected by the Borrower in accordance with Sections 2.10 and 2.

  • The ratable Advances may be Adjusted Alternate Base Rate Advances, LIBOR Advances or a combination thereof, selected by the Borrower in accordance with Sections 2.10 and 2.11.

  • The Shelf Registration Statement shall include the Plan of Distribution attached hereto as Annex A.

  • The Advances may be ratable Adjusted Alternate Base Rate Advances, ratable LIBOR Advances or non-pro rata Swingline Loans.

  • The Advances may be ratable Adjusted Alternate Base Rate Advances, ratable LIBOR Advances or non pro rata Swingline Loans.

  • Each LIBOR Advance shall be in the minimum amount of $2,000,000 (and in multiples of $100,000 if in excess thereof), each Adjusted Alternate Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $100,000 if in excess thereof) and each Swingline Advance shall be in the minimum amount of $100,000 (and in multiples of $50,000 if in excess thereof), provided, however, that any Adjusted Alternate Base Rate Advance may be in the amount of the unused Aggregate Commitment.

  • All Swingline Loans shall bear interest at the Adjusted Alternate Base Rate and shall be deemed to be Alternate Base Rate Advances.


More Definitions of Adjusted Alternate Base Rate

Adjusted Alternate Base Rate means, Alternate Base Rate plus [200] basis points.
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Adjusted Alternate Base Rate means a floating interest rate equal to the Alternate Base Rate plus the Applicable Margin, changing when and as the Alternate Base Rate and Applicable Margin change.
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