Example ContractsClausesabr loansVariants
ABR Loans
ABR Loans contract clause examples

the Administrative Agent determines (which determination shall be conclusive and binding upon the Company) that deposits in Dollars are not generally available in the applicable market; the Administrative Agent shall give telecopy or telephonic notice (followed promptly by written notice) thereof to the Company and the Lenders as soon as practicable thereafter. If such notice is given pursuant to [clause (i) or (ii) of this Section 2.12(a)] in respect of RFR Loans, then # any RFR Loans requested to be made shall be made as ABR Loans, # any ABR Loans that were to have been converted to RFR Loans shall be continued as ABR Loans and # any outstanding RFR Loans shall be converted to ABR Loans.

the Administrative Agent shall give telecopy or telephonic notice (followed promptly by written notice) thereof to the Company and any relevant Subsidiary Borrower and the Lenders as soon as practicable thereafter. If such notice is given pursuant to [clause (i) or (ii) of this Section 2.12(a)] in respect of RFR Loans, then # any RFR Loans requested to be made shall be made as ABR Loans, # any ABR Loans that were to have been converted to RFR Loans shall be continued as ABR Loans and # any outstanding RFR Loans shall be converted to ABR Loans.

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