Common use of ABR Loans Clause in Contracts

ABR Loans. While such Loan is an ABR Loan, a rate per annum equal to the ABR in effect from time to time plus the Applicable Margin as in effect from time to time, interest under this clause (i) to be payable quarterly in arrears on the last Business Day of each March, June, September and December and on the date such ABR Loan shall be Converted and on the date of each payment of principal thereof.

Appears in 8 contracts

Samples: Guarantee and Security Agreement (KKR & Co. Inc.), Credit Agreement (KKR & Co. Inc.), Guarantee and Security Agreement (KKR & Co. Inc.)

AutoNDA by SimpleDocs

ABR Loans. While such Loan is an ABR Loan, a rate per annum equal to the ABR in effect from time to time plus the Applicable Margin for ABR Loans as in effect from time to time, interest under this clause (i) to be payable quarterly in arrears on the last Business Day of each March, June, September and December and on the date such ABR Loan shall be Converted and on the date of each payment of principal thereofor paid in full.

Appears in 3 contracts

Samples: Credit Agreement (Hanover Insurance Group, Inc.), Credit Agreement (Hanover Insurance Group, Inc.), Credit Agreement (Hanover Insurance Group, Inc.)

AutoNDA by SimpleDocs

ABR Loans. While If such Loan is an ABR Loan, a rate per annum equal at all times for such Loan to the ABR in effect from time to time Alternate Base Rate plus the Applicable ABR Margin (such rate to change when and as the ABR Margin changes) in effect from time to time, interest under this clause (i) to be payable quarterly in arrears on the last Business Day day of each MarchJanuary, JuneApril, September July and December October and on the date such ABR Loan shall be Converted and Converted, repaid (whether due to acceleration or otherwise), on the date of each payment of principal thereofamount so repaid, or paid in full.

Appears in 1 contract

Samples: Credit Agreement (Baxter International Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.