ABR Advance definition

ABR Advance means an Advance which bears interest at the Alternate Base Rate.

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ABR Advance means a Revolving Credit Advance that bears interest at the Alternate Base Rate.

ABR Advance means an Advance consisting of ABR Loans.

Examples of ABR Advance in a sentence

Interest accrued on each ABR Advance shall be payable monthly, with such payment being due, with respect to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012).
Each Term SOFR Ratable Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each ABR Advance or Daily Simple SOFR Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 if in excess thereof), provided, however, that any ABR Advance or Daily Simple SOFR Advance may be in the amount of the Aggregate Available Revolving Credit.
Each Term SOFR Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each ABR Advance or Daily Simple SOFR Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 if in excess thereof), provided, however, that any ABR Advance or Daily Simple SOFR Advance may be in the amount of the Borrowing Base Availability.
Interest accrued on each ABR Advance shall be payable monthly, with such payment being due, with respect to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of March 2026).

ABR Advance means a Liquidity Advance that bears interest at a rate determined by reference to the Alternate Base Rate.

ABR Advance means an Advance which bears interest at the ABR Rate.

ABR Advance means an Advance which, except as otherwise provided in Section 2.9, bears interest at the Alternate Base Rate.

ABR Advance means, with respect to any Advance, such Advance when such Advance bears or is to bear interest at a rate based upon the ABR.

ABR Advance means an Advance that bears interest based on the ABR.

ABR Advance has the meaning specified in the definition of “Advance” herein.

ABR Advance means, an Advance that bears interest based on the Alternative Base Rate.