CBR Loan definition

CBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate.
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CBR Loan means a Loan which bears interest at the CBR Rate.
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CBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate. “CBR Spread” means the Applicable Rate, applicable to such Loan that is replaced by a CBR Loan.
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Examples of CBR Loan in a sentence

  • Any collected funds still remaining in the Cash Collateral Account after such remittances and application to reduce the Swingline Loan and Aggregate Revolving CBR Loan shall be applied at Lender's discretion to (i) the outstanding principal balance of any Revolving LIBOR Advances when their respective Interest Periods expire, or (ii) the outstanding principal balance of any subsequent Revolving CBR Advances.

  • If a Notice of Conversion/Continuation is not made by 11:00 a.m. St. Louis time on the last day of the Interest Period for a Loan with a base rate for which an Interest Period must be specified, then Borrower shall be deemed to have timely given a Notice of Conversion/Continuation to Lender requesting to convert the Loan to an Adjusted CBR Loan.

  • The CBR Increment for each CBR Loan shall be determined quarterly, and shall become effective for all CBR Loans immediately.

  • All prepayments required under Section and all scheduled principal payments required under Section to be applied against the Aggregate Term 1 Loan shall first be applied against the outstanding principal, if any, of the Aggregate Term 1 CBR Loan.

  • Borrower shall pay interest accrued on each Adjusted CBR Loan which is a Revolving Loan or a Convertible Revolving Loan monthly in arrears, beginning on the first day of the first full calendar month following the Effective Date, and continuing on the first day of each calendar month thereafter, and on the Ultimate Revolving Maturity Date.

  • All prepayments required under Section and all scheduled principal payments required under Section to be applied against the Aggregate Term 2 Loan shall first be applied against the outstanding principal, if any, of the Aggregate Term 2 CBR Loan.


More Definitions of CBR Loan

CBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate. “CDOR” has the meaning assigned to such term in Section 1.07.
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CBR Loan means a Loan that bears interest at a ratedetermined by reference to the Central Bank Rate.
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CBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate. “CBR Spread” means the Applicable Rate, applicable to such Loan that is replaced by a CBR Loan. “Central Bank Rate” means, the greater of (I)(A) for any Loan denominated in (a) Euro, one of the following three rates as may be selected by the Administrative Agent in its reasonable discretion : (1) the fixed rate for the main refinancing operations of the European Central Bank ( or any successor thereto ), or, if that rate is not published, the minimum bid rate for the main refinancing operations of the European Central Bank ( or any successor thereto), each as published by the European Central Bank (or any successor thereto) from time to time , (2) the rate for the marginal lending facility of the European Central Bank (or any successor thereto), as published by the European Central Bank (or any successor thereto) from time to time, or (3) the rate for the deposit facility of the central banking system of the Participating Member States, as published by the European Central Bank (or any successor thereto) from time to time , and (b) any other Foreign Currency determined after the Amendment No. 1 10
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CBR Loan means a Loan which bears interest at the CBR Rate. "CBR Rate" means, for any day, a rate per annum equal to (i) the
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Related to CBR Loan

  • 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.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Dollar Loan means a Loan denominated in Dollars.

  • LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Eurodollar Loan means a Loan which bears interest at a Eurodollar Rate.

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Euro-Dollar Loan means a Committed Loan which bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

  • Prime Rate Loan means any Loan bearing interest at a rate determined by reference to the Prime Rate in accordance with the provisions of Article II.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

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

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • PPP Loan means the loan made to the Company by the PPP Lender pursuant to the PPP Loan Agreement, for the principal amount of $905,207.00, pursuant to the requirements of the Paycheck Protection Program under the CARES Act.

  • Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.