BBR definition

BBR means, in respect of any Relevant Currency and any specified period, the rate for bills of exchange denominated in such Relevant Currency and having a tenor equal to such specified period;

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BBR means Bank Bill Rate, which in turn stands for the average bid rate displayed on the Reuters screen bank bill swap bid rate (“BBSY”) for a term equivalent to the relevant period. BBSY is based on the wholesale interbank rate within Australia for the country’s top panel banks, although it is a bid rate reference and is generally 5 basis points higher than the mid-rate reference of the wholesale rate.

BBR means MVIS MarketVector Bitcoin Benchmark Rate, described at https://marketvector.com/indices/digital-assets/marketvector-bitcoin-benchmark-rate.

Examples of BBR in a sentence

• To the extent and for the period that it is not practicable or economic to include in the staff of the Partnership personnel capable of providing certain management and staff services required by the Partnership, the Partnership, through the Partnership Committee, may enter into appropriate service agreements with BBR and/or Thoroughbred for such services.

• BBR Bulletin for Biblical Research Bib Biblica BJS British Journal of Sociology BR Biblical Research BSac Bibliotheca Sacra CBÅ Collegium Biblicum Årsskrift ChrW ▇▇▇▇▇▇ and the World Cleveland St. L.

• Thoroughbred shall at the closing pay to BBR an amount equal to the BBR's capital account as determined under this Agreement and shall indemnify the BBR from and against all liability and obligations which BBR may have under any Guaranty Agreements which BBR shall have executed in support of then outstanding indebtedness or obligations of the Partnership.

• If, under Section 16.3 of the Third Amended and Restated Partnership Agreement of Black Beauty Coal Company referenced above, as amended, (the "Thoroughbred Purchase Provisions"), Thoroughbred is obligated to purchase the interest of BBR, Thoroughbred shall have the obligation to purchase all right, title and interest of BBR in the Partnership.

• The use of the name "Black Beauty" and logo of BBR shall be limited to business documentation of the Partnership, and, where appropriate, to its marketing publications and on or in connection with the products or services to be sold or rendered by the Partnership.

More Definitions of BBR

BBR when used in reference to any Revolving Loans, refers to whether such Revolving Loan is bearing interest at a rate determined by reference to the BB Rate.

BBR means, in relation to any Loan:

BBR means the New Zealand 90 (ninety) Day Bank ▇▇▇▇ Rate displayed at or about 10:45 A.M. New Zealand time on page "BKBM" in Wellington, New Zealand.

BBR is defined as the benefit of the bargain rate of return over time and is hereby set as seven percent (7%) as a bargain rate.

BBR means, for an Interest Period, the average bid rate for Bills having a tenor closest to the Interest Period as displayed on the Reuters BBSY page of the Reuters Monitor System on the first day of that Interest Period, except in respect of Advances which have a tenor of 7 days or 14 days, BBR will be the average bid rate for Bills having a tenor of 30 days. However, if:

BBR means (a) for a period relating to an Australian Dollar Revolving Credit Advance, (i) the average mid rate displayed at or about 10:15 A.M. (Sydney time) on the Quotation Day on the Reuters screen BBSW page for a term equivalent to the period or (ii) if (A) for any reason BBR is not available for the applicable Interest Period but is available for other Interest Periods with respect to any such Australian Dollar Revolving Credit Advance, then the rate shall be the Interpolated Screen Rate or (B) the basis on which that rate is displayed is changed and in the opinion of the Administrative Agent it ceases to reflect the Lenders’ cost of funding to the same extent as at the date of this Agreement, then BBR will be the rate reasonably determined by the Administrative Agent to be the arithmetic mean of the bid and ask rates for bills of exchange accepted by leading Australian banks in the Relevant Interbank Market at or about 10:15 A.M. (Sydney time) on the Quotation Day and which have a term equivalent to the period, and (b) for any Swing Line Advance in Australian Dollars, (i) the rate quoted to the Administrative Agent by Citibank N.A., Sydney Branch, as the rate in the Relevant Interbank Market as of 12:00 P.M. (Sydney time) on the day of such Swing Line Advance or (ii) if no such rate is available, the rate reasonably determined by the Administrative Agent to be the arithmetic mean of the rate quoted by leading banks in the Relevant Interbank Market as of 12:00 P.M. (Sydney time) on the day of such Swing Line Advance. Rates under clauses (a) and (b) above will be expressed as a yield percent per annum to maturity and, if necessary, will be rounded up to the nearest fourth decimal place. Notwithstanding anything to the contrary in this Agreement, in no event shall BBR be less than 0.00% per annum for any Advance that has not been identified by the Borrowers to the Administrative Agent as being subject to a Hedge Agreement.

BBR means for a period relating to an Advance in respect of the Australian Dollar Loan, (a) the average mid rate displayed at or about 10.30 A.M. (Sydney time) on the Quotation Day on the Reuters screen BBSW page for a term equivalent to the period or (b) if (i) for any reason that rate is not displayed for a term equivalent to that period or (ii) the basis on which that rate is displayed is changed and in the opinion of the Administrative Agent it ceases to reflect the Lenders’ cost of funding to the same extent as at the date of this Agreement, then BBR will be the rate reasonably determined by the Administrative Agent to be the arithmetic mean of the bid and ask rates for bills of exchange accepted by a leading Australian bank and which have a term equivalent to the period. Rates will be expressed as a yield percent per annum to maturity.