ABR Term Loan definition

ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.
ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of
ABR Term Loan means any Tranche B Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

Examples of ABR Term Loan in a sentence

  • The Initial Term B Loans comprising each ABR Term Loan Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Margin for ABR Initial Term B Loans.

  • To request a Term Borrowing, the Borrower shall notify the Administrative Agent of such request (as provided in Section 9.01) in writing by providing a Borrowing Request in the form of Exhibit C hereto (a) in the case of a Eurocurrency Borrowing, not later than such time as the Administrative Agent and Lead Arrangers shall agree, (b) in the case of an ABR Term Loan Borrowing, not later than such time as the Administrative Agent and Lead Arrangers shall agree.

  • The Initial Term B Loans comprising each ABR Term Loan Borrowing shall bear interest at the Base Rate plus the Applicable Margin for ABR Initial Term B Loans.

  • Each Tranche A-1 Term Loan and each Tranche B-1 Term Loan shall be a Eurocurrency Term Loan or an ABR Term Loan.

  • In order to request a Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of an ABR Term Loan, not later than 10:00 a.m., New York City time one Business Day before a proposed Borrowing and (b) in the case of a Eurodollar Borrowing, not later than 10:00 a.m., New York City time, three Business Days before a proposed Borrowing.


More Definitions of ABR Term Loan

ABR Term Loan means any Term Loan denominated in dollars and bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.
ABR Term Loan means any ABR Term B-1 Loan or any ABR Term B-2 Loan.
ABR Term Loan shall have corresponding meanings. All ABR Loans shall be denominated in Dollars.
ABR Term Loan means a Term Loan that is an ABR Loan.
ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II. “Adjusted LIBO Rate” shall mean, with respect to any Eurocurrency Borrowing for any Interest Period,Daily Simple SOFR” means an interest rate per annum equal to (a) the LIBO Rate in effect for such Interest Period divided by (b) one minus the Statutory Reserves applicable to such Eurocurrency Borrowing, if anyDaily Simple SOFR, plus (b) 0.11448%; provided, that (x) in the case of Eurocurrency Borrowings composed of Revolving Loans, if the Adjusted LIBODaily Simple SOFR Rate shallas so determined would be less than zerothe Floor, such interest rate shall be deemed to be zero and (y) inequal to the case of such Eurocurrency Borrowings composed of 2021 Term Loans,Floor for the purposes of this Agreement. “Adjusted Term SOFR Rate” means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) the Term SOFR Adjustment; provided that if the Adjusted LIBOTerm SOFR Rate shallas so determined would be less than 0.50%, such interestthe Floor, such rate shall be deemed to be 0.50%equal to the Floor for the purposes of this Agreement. “Adjustment Date” shall have the meaning assigned to such term in the definition ofPricing Grid.” “Administrative Agent” shall have the meaning assigned to such term in the introductory paragraph of this Agreement, together with its permitted successors and assigns. “Administrative Agent Fees” shall have the meaning assigned to such term in Section 2.12(c). “Administrative Questionnaire” shall mean an Administrative Questionnaire in the form of Exhibit B or such other form supplied by the Administrative Agent. “Affected Financial Institution” shall mean (a) any EEA Financial Institution or (b) any UK Financial Institution. “Affiliate” shall mean, when used with respect to a specified person, another person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the person specified. “Affiliate Lender” shall have the meaning assigned to such term in Section 9.21(a). “Agents” shall mean the Administrative Agent and the Collateral Agent. “Agreement” shall have the meaning assigned to such term in the introductory paragraph of this Agreement, as may be amended, restated, supplemented or otherwise modified from time to time. “All-in Yield” shall mean, as to any Loans, the yield the...
ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisionsof Article II.
ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the Alternate Base Rate plus the Applicable Percentage in accordance with the provisions of Article II.