ABR Loan definition
ABR Loan means any Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.
ABR Loan means any ABR Term Loan or ABR Revolving Loan.
Examples of ABR Loan in a sentence
If no election as to the Type of a Loan is specified, then the requested Loan shall be an ABR Loan.
Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.6, prepay under Section 2.11, and reborrow under this Section 2.6. Each Swing Line Loan shall be an ABR Loan and may not be converted to a Term Benchmark Loan (or RFR Loans in accordance with Section 2.17).
More Definitions of ABR Loan
ABR Loan means each Loan bearing interest at the rate provided in Section 2.8(a) and, in any event, shall include all Swingline Loans.
ABR Loan means any Standby Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.
ABR Loan means a Loan bearing interest at the ABR.
ABR Loan means each Revolving Credit Loan bearing interest at the rate provided in Section 2.8(a).
ABR Loan means any ABR Revolving Loan or U.S. Swingline Loan.
ABR Loan means a Loan that bears interest at a rate based upon the ABR.