USBR Loan definition

USBR Loan means a Drawdown of or Conversion into U.S. Dollars for which USBR is the reference interest rate.
USBR Loan means an Advance which is denominated in US Dollars and in respect of which the Borrower has elected to pay interest in accordance with Section 4.2(a) (including US Overdrafts).
USBR Loan means an Advance in U.S. Dollars for which USBR is the reference interest rate;

Examples of USBR Loan in a sentence

  • Such interest shall be calculated on the principal amount of each USBR Loan and on the basis of the actual number of days each such USBR Loan is outstanding in a year of 365 days.

  • Dollars) or a USBR Loan (if denominated in any currency other than Cdn.

  • Changes in the USBR shall cause an immediate adjustment of the interest rate applicable to each USBR Loan without the necessity of any notice to the Borrower.

  • Such interest shall be payable monthly in arrears on each Interest Payment Date for such USBR Loan.

  • Country X is a party to an income tax convention with the United States.


More Definitions of USBR Loan

USBR Loan means an Advance in, or Conversion into, United States Dollars made by the Applicable Lenders under a Credit Facility to the Borrower with respect to which the Borrower has specified or a provision hereof requires that interest is to be calculated by reference to the US Base Rate.
USBR Loan or “USBR Borrowing” or “Canadian Prime Loan” or “Canadian Prime Borrowing”).
USBR Loan means a Loan which is denominated in US Dollars bearing interest at a fluctuating rate determined by reference to the US Base Rate in accordance with Section 3.2.
USBR Loan means (i) a Loan which bears interest with reference to the U.S. Base Rate or (ii) an overdue amount which was a USBR Loan immediately before it became overdue.
USBR Loan or "USBR BORROWING" or "CANADIAN PRIME LOAN" or "CANADIAN PRIME BORROWING").
USBR Loan means an Advance which is denominated in US Dollars and in respect of which the Borrower is obligated to pay interest in accordance with Section 3.2(1). LEGAL_39694004.1- 27 SIXTH AMENDED ANDRESTATED CREDIT AGREEMENT
USBR Loan means an Advance in U.S. Dollars for which USBR is the reference interest rate; "U.S. Dollars" and "U.S. $" means lawful money of the United States of America for the payment of public and private debts;