ABR Borrowing means, as to any Borrowing, the ABR Loans comprising such Borrowing.

Examples of ABR Borrowing in a sentence

In the case of a Letter of Credit denominated in any Approved Currency, the Borrower shall reimburse the applicable Issuing Bank in accordance with this clause (e) in Dollars, unless the Borrower shall have requested that such payment be financed with an ABR Borrowing.
The Loans comprising each ABR Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
At the time that each ABR Borrowing and/or RFR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $250,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the Aggregate Revolving Credit Commitment or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e).

More Definitions of ABR Borrowing

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

ABR Borrowing means a Borrowing comprised of ABR Loans. -------------

ABR Borrowing means a Borrowing comprised of ABR Loans. "ABR Loan" shall mean any Loan bearing interest at a rate

ABR Borrowing means a Borrowing consisting of one or more Alternate Base Rate Loans.

ABR Borrowing means any Borrowing at the Alternate Base Rate.

ABR Borrowing means the borrowing of an ABR Loan pursuant to Section 2.2.