Alternate Base Rate Loans definition

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

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

Examples of Alternate Base Rate Loans in a sentence

The Liquidity Fundings may be Alternate Base Rate Loans or Term SOFR Loans, or a combination thereof, selected by the Borrower in accordance with Article II.
Accordingly, all Liquidity Fundings shall initially be Alternate Base Rate Loans.
Changes in the rate of Interest on Alternate Base Rate Loans and Daily Term SOFR Loans will take effect simultaneously with each change in the Alternate Base Rate or the applicable Daily Term SOFR rate, respectively.
Revolving Loans may consist of Alternate Base Rate Loans or SOFR Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.
SOFR Loans and Alternate Base Rate Loans shall be made by each Revolving Lender at its Domestic Lending Office.

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

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

Alternate Base Rate Loans means those Loans which may be made under this Agreement and which are described in Section 2.02(c)(i) on which the Company shall pay interest at a rate based on the Alternate Base Rate.

Alternate Base Rate Loans means Loans bearing interest at rates determined by reference to the Alternate Base Rate as provided in subsection 2.2A.

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.

Alternate Base Rate Loans means loans in U.S. Dollars made by a U.S. Lender to the U.S. Borrower on which the interest rate is calculated with reference to the Alternate Base Rate.