AABR definition

AABR means, for any day, a rate per annum (rounded upwards, if necessary, to the next 1/ 16 of I%) equal to the greatest of (a) the Prime Rate in effect on such day, (b) the Base CD Rate in effect on such day plus 1% and (c) the Federal Funds Effective Rate in effect on such day plus 2 of 1 %. Any change in the ABR due to a change in the Prime Rate, the Three-Month Secondary CD Rate or the Federal Funds Effective Rate shall be effective as of the opening of business on the effective day of such change in the Prime Rate, the Three-Month Secondary CD Rate or the Federal Funds Effective Rate, respectively.
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Examples of AABR in a sentence

  • AABR Automated Auditory Brainstem Response technology, for automatic waveform template matching and recognition at 35 dB nHL.

  • Official guests of AABR Midwest and Conference workers approved by the AANR Midwest President or other designated AANR Midwest officer(s) shall also be exempt from any registration fee.

  • Including the annual level of housing completions monitored against the Anticipated Annual Build Rate (AABR) as specified in the adopted RLDP housing trajectory; the total cumulative completions monitored against the anticipated cumulative completion rate specified in the adopted RLDP housing trajectory; the level of affordable housing completions monitored against the RLDP's overarching target; and the tenure of affordable housing completions.