ABR Advance definition

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

Examples of ABR Advance in a sentence

  • In the absence of delivery of (i) a timely Notice of Conversion with respect to any ABR Advance, such ABR Advance shall continue as an ABR Advance or (ii) a Notice of Conversion with respect to any Euro-Dollar Advance at least three (3) Euro-DollarU.S. Government Securities Business Days before the last day of the then current Interest Period with respect thereto, such Euro-Dollar Advance shall, on such last day, automatically continue as a Euro-Dollar Advance.

  • Concurrently with prepaying such Euro-Dollar Advances, the Borrower shall borrow an ABR Advance in an equal principal amount from such Lender (on which interest and principal shall be payable contemporaneously with the related Euro-Dollar Advances of the other Lenders), and such Lender shall make such an ABR Advance.


More Definitions of ABR Advance

ABR Advance means an Advance which, except as otherwise provided in Section 2.9, bears interest at the Alternate Base Rate.
ABR Advance means an Advance consisting of ABR Loans.
ABR Advance has the meaning specified in the definition ofAdvance” herein.
ABR Advance means a Revolving Credit Advance that 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 any Advance that bears interest at a rate determined by reference to the Adjusted Base Rate.