CBR Loan definition

CBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate.
CBR Loan means a Loan which bears interest at the CBR Rate.
CBR Loan a Loan that bears interest at a rate determined by reference to the Central Bank Rate.

Examples of CBR Loan in a sentence

  • All prepayments required under Section and all scheduled principal payments required under Section to be applied against the Aggregate Term 1 Loan shall first be applied against the outstanding principal, if any, of the Aggregate Term 1 CBR Loan.

  • The CBR Increment for each CBR Loan shall be determined quarterly, and shall become effective for all CBR Loans immediately.

  • Any collected funds still remaining in the Cash Collateral Account after such remittances and application to reduce the Swingline Loan and Aggregate Revolving CBR Loan shall be applied at Lender's discretion to (i) the outstanding principal balance of any Revolving LIBOR Advances when their respective Interest Periods expire, or (ii) the outstanding principal balance of any subsequent Revolving CBR Advances.

  • All prepayments required under Section and all scheduled principal payments required under Section to be applied against the Aggregate Term 2 Loan shall first be applied against the outstanding principal, if any, of the Aggregate Term 2 CBR Loan.

  • Borrower shall pay interest accrued on each Adjusted CBR Loan which is a Revolving Loan or a Convertible Revolving Loan monthly in arrears, beginning on the first day of the first full calendar month following the Effective Date, and continuing on the first day of each calendar month thereafter, and on the Ultimate Revolving Maturity Date.

  • If a Notice of Conversion/Continuation is not made by 11:00 a.m. St. Louis time on the last day of the Interest Period for a Loan with a base rate for which an Interest Period must be specified, then Borrower shall be deemed to have timely given a Notice of Conversion/Continuation to Lender requesting to convert the Loan to an Adjusted CBR Loan.


More Definitions of CBR Loan

CBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate. “CBR Spread” means the Applicable Rate, applicable to such Loan that is replaced by a CBR Loan.
CBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate. “CDOR” has the meaning assigned to such term in Section 1.07.
CBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate. “CBR Spread” means the Applicable Margin applicable to such Loan that is replaced by a CBR Loan.
CBR Loan means a Loan which bears interest at the CBR Rate. "CBR Rate" means, for any day, a rate per annum equal to (i) the
CBR Loan means a Loan that bears interest at a ratedetermined by reference to the Central Bank Rate.
CBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate. “CBR Spread” means the Applicable Rate, applicable to such Loan that is replaced by a CBR Loan. “Central Bank Rate” means, the greater of (I)(A) for any Loan denominated in (a) Euro, one of the following three rates as may be selected by the Administrative Agent in its reasonable discretion : (1) the fixed rate for the main refinancing operations of the European Central Bank ( or any successor thereto ), or, if that rate is not published, the minimum bid rate for the main refinancing operations of the European Central Bank ( or any successor thereto), each as published by the European Central Bank (or any successor thereto) from time to time , (2) the rate for the marginal lending facility of the European Central Bank (or any successor thereto), as published by the European Central Bank (or any successor thereto) from time to time, or (3) the rate for the deposit facility of the central banking system of the Participating Member States, as published by the European Central Bank (or any successor thereto) from time to time , and (b) any other Foreign Currency determined after the Amendment No. 1 10

Related to CBR Loan

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

  • Dollar Loan means a Loan denominated in Dollars.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Prime Rate Loan means any Loan bearing interest at a rate determined by reference to the Prime Rate.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.