Existing ABR Borrowings definition

Existing ABR Borrowings means all ABR Borrowings advanced under the Original Credit Agreement, the First Restated Credit Agreement or the Prior Credit Agreement and outstanding on the Closing Date.
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Examples of Existing ABR Borrowings in a sentence

  • Borrower will use the proceeds of the Revolving Loans on and after the Closing Date to refinance the Existing ABR Borrowings, finance any Permitted Loan Funded Acquisition and for general corporate purposes.

  • Any Existing ABR Borrowing outstanding on the Closing Date shall be deemed to be refinanced on the Closing Date with a new ABR Borrowing, bearing interest as provided in this Agreement, and such new Borrowing shall be deemed to be advanced under this Agreement to repay such Existing ABR Borrowings.

Related to Existing ABR Borrowings

  • ABR Borrowing means a Borrowing comprised of ABR Loans.

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

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • ABR when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Alternate Base Rate.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.

  • Total Borrowings means, in respect of the Company on a consolidated basis, as of a given date the aggregate of the following, without duplication:

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).