Alternate Base Rate Loans means Loans that bear interest at an interest rate based on the Alternate Base Rate.

Alternate Base Rate Loans. Loans at such time as they are made and/or being maintained at a rate of interest based upon the Alternate Base Rate.

Alternate Base Rate Loans means Loans which bear interest at a rate based upon the Alternate Base Rate.

Examples of Alternate Base Rate Loans in a sentence

Upon receipt of such notice, (x) the Company may revoke any pending request for a borrowing of, conversion to or continuation of XXXXX Loans in the affected currency and the Company shall either (y)(i) prepay any outstanding affected XXXXX Loans immediately or (ii) convert such affected XXXXX Loans to Alternate Base Rate Loans denominated in Dollars (in an amount equal to the Dollar Equivalent of such Foreign Currency) immediately.
Revolving Borrowings may consist of Alternate Base Rate Loans, SOFR Loans, Eurocurrency Loans or XXXXX Loans, or a combination thereof, selected by the applicable Borrower in accordance with Sections 2.08 and 2.09.
If the applicable Borrower has elected to pay the amount of such drawing with funds from other sources and shall fail to reimburse such Issuing Lender as provided above, the unreimbursed amount of such drawing shall bear interest at the rate which would be payable on any outstanding Alternate Base Rate Loans which were then overdue from the date such amounts become payable (whether at stated maturity, by acceleration or otherwise) until payment in full.

More Definitions of Alternate Base Rate Loans

Alternate Base Rate Loans. Revolving Credit Loans the rate of interest applicable to which is based upon the Alternate Base Rate.

Alternate Base Rate Loans means the Dollar Loans hereunder at such time as such Dollar Loans are made and/or being maintained at a rate of interest based upon the Alternate Base Rate.

Alternate Base Rate Loans. Loans the rate of interest applicable to which is based upon the Alternate Base Rate.

Alternate Base Rate Loans. Revolving Loans hereunder at all times when they bear interest at a rate based upon the Alternate Base Rate.

Alternate Base Rate Loans means Loans that bear interest at rates based upon the Alternate Base Rate.

Alternate Base Rate Loans. Committed Rate Loans that bear interest at an interest rate based on the Alternate Base Rate.

Alternate Base Rate Loans or “ABR Loans” means any Loans which accrue interest by reference to the Alternate Base Rate, in accordance with the terms of this Agreement.