USBR definition

USBR when used in reference to any Dollar Loan or Dollar Borrowing denominated in Dollars refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest by reference to the US Base Rate (Canada).

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USBR means the United States Bureau of Reclamation.

USBR means the United States Department of the Interior, Bureau of Reclamation, or its duly authorized representative(s).

Examples of USBR in a sentence

• The U.S. Bureau of Reclamation (hereinafter called USBR) manages, develops, and protects water and related resources in an environmentally and economically sound manner in the interest of the American public (43 U.S.C. Chapter 12).

• The U.S. Bureau of Reclamation (hereinafter called USBR) manages, develops, and protects water and related resources in an environmentally and economically sound manner in the interest of the American public (43 USC Chapter 12).

• The Bureau of Reclamation (hereinafter called USBR) manages, develops, and protects water and related resources in an environmentally and economically sound manner in the interest of the American public (43 U.S.C. Chapter 12).

• Dollars) or a USBR Loan (if denominated in any currency other than Cdn.

• Such interest shall be calculated on the principal amount of each USBR Loan and on the basis of the actual number of days each such USBR Loan is outstanding in a year of 365 days.

More Definitions of USBR

USBR means the rate of interest per annum (based on a 365/366 day year) established by the Bank from time to time as the reference rate of interest for the determination of interest rates that the Bank charges to customers of varying degrees of creditworthiness for US dollar loans made by it in Canada. Any interest rate based on a period less than a year expressed as an annual rate for the purposes of the Interest Act (Canada) is equivalent to such determined rate multiplied by the actual number of days in the calendar year in which the same is to be ascertained and divided by the number of days in the period upon which it was based.

USBR or "US Base Rate" means the rate of interest per annum, based on a 365 day year, established by the Lender from time to time as a reference rate for the determination of interest rates that the Lender charges to customers of varying degrees of creditworthiness for US dollar loans made by it in Canada. For purposes of this Facility, the US Base Rate will be the higher of the stated rate by the Lender or the Fed Funds Rate plus 1%.

USBR means, for any day, the greatest of:

USBR means, for any day, a rate per annum equal to the greater of:

USBR means the Bureau of Reclamation, United States Department of

USBR means Defendant-Appellee’s opening brief.

USBR means the rate of interest per annum (based on a 365 day year) established by the Bank from time to time as the reference rate of interest for the determination of interest rates that the Bank charges to customers of varying degrees of creditworthiness for US dollar loans made by it in Canada. If Prime Rate, CDOR, LIBOR, USBR or any other applicable base rate is less than zero, such base rate shall be deemed to be zero for purposes of this Agreement. Any interest rate based on a period less than a year expressed as an annual rate for the purposes of the Interest Act (Canada) is equivalent to such determined rate multiplied by the actual number of days in the calendar year in which the same is to be ascertained and divided by the number of days in the period upon which it was based.