CABR definition

CABR when used with respect to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Canadian Alternate Base Rate.
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Examples of CABR in a sentence

  • If no election as to the Type of Revolving Borrowing is specified, then the requested Revolving Borrowing shall be a LIBOR Borrowing if denominated in U.S. Dollars or Sterling, or a CABR Borrowing if denominated in Canadian Dollars.

  • Each CABR Revolving Borrowing shall be in an aggregate amount that is an integral multiple of US$1,000,000 and not less than US$10,000,000 (or the Alternative Currency Equivalent).

  • These Guidelines are established for the mutual benefit of members of CABR and HBA to promote the high standards of conduct in the transaction of real estate business so that membership in either of these organizations may serve as a guarantee of business integrity and responsibility.

  • These Guidelines shall be reviewed annually by CABR and HBA to determine if they are current and should continue in force the following calendar year.

  • Neither CABR nor HBA have recommended rates of commission or recommended commission splits.

  • These Guidelines may be amended if approved by the governing bodies of both CABR and HBA.

  • A commission dispute arising between applicable HBA and CABR members shall be referred to the REALTOR®/Builder Joint Executive Committee for conciliation or resolution in accordance with the Rules for Arbitration.

  • Each Canadian Swingline Loan denominated in Canadian Dollars shall be made as a CABR Swingline Loan and each Swingline Loan denominated in U.S. Dollars or Sterling shall be made as a LIBOR Swingline Loan.

  • Any Member of CABR or HBA who has subscribed to these Guidelines and refuses to comply with these Guidelines, or fails to comply with a finding of the REALTOR®/Builder arbitration hearing panel, shall be subject to disciplinary action by the Board of Directors of the CABR or HBA, as applicable.

  • These guidelines shall be binding upon the members of CABR and HBA who subscribe to them in writing with their constituent organization, and shall remain in effect until revoked in writing and communicated, accordingly, to the respective organization.

Related to CABR

  • Taxicab driver means an individual who uses a taxicab to provide transportation services to potential passengers.

  • Loft means an intermediary floor on a residual space in a pitched roof; above normal floor level with a maximum height of 1.5 metres and which is constructed or adopted for storage purposes;

  • Frontage means the length of the property line of any one lot parallel to and along each legally accessible public street;

  • Halfway house means a facility licensed by the division of parole and community services of the department of rehabilitation and correction pursuant to section 2967.14 of the Revised Code as a suitable facility for the care and treatment of adult offenders.

  • Non-Administrator Ambulatory Surgical Facility means an Ambulatory Surgical Facility which does not meet the definition of an Administrator Ambulatory Surgical Facility.