Example ContractsClausesABR Loans
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ABR Loans. The Loans constituting each ABR Borrowing (including each Swingline Loan denominated in Dollars) shall bear interest at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin provided that in the case of Swingline Loans such interest rate shall be reduced by the commitment fee rate payable pursuant to Section 2.11(a).

ABR Loans”: Loans the rate of interest applicable to which is based upon the ABR.

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“ABR Borrowing” means a Borrowing comprised of ABR Loans.

Section # Illegality. Notwithstanding any other provision herein, if the adoption of or any change in Applicable Law or regulation or in the interpretation or application thereof shall make it unlawful for any Lender to make or maintain Non-ABR Loans as contemplated by this Agreement, # the Commitment of such Lender hereunder to make Non-ABR Loans, continue Non-ABR Loans as such and convert ABR Loans into Non-ABR Loans shall forthwith be canceled and # such Lender’s Loans then outstanding as Non-ABR Loans, if any, shall be converted automatically to ABR Loans on the respective last days of the then current Interest Periods with respect to such Loans or within such earlier period as required by law. If any such conversion or repayment of a Non-ABR Loan occurs on a day which is not the last day of the then current Interest Period with respect thereto, the shall pay to such Lender such amounts, if any, as may be required pursuant to [Section 2.16]. If circumstances subsequently change so that any affected Lender shall determine that it is no longer so affected, such Lender will promptly notify the and the Administrative Agent, and upon receipt of such notice, the obligations of such Lender to make or continue Non-ABR Loans or to convert ABR Loans into Non-ABR Loans shall be reinstated.

that Committed Rate ABR Loans be made pursuant to [subsection 2.1] on such second Business Day in an aggregate amount equal to the Dollar Equivalent Amount of the aggregate amount of all Specified Loans, and the procedures set forth in [subsection 2.2] shall be followed in making such Committed Rate ABR Loans. The proceeds of such Committed Rate ABR Loans shall be applied to repay such Specified Loans.

Section # ABR Loans Substituted for Affected Term Benchmark Loans 60

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.

whether the Loans comprising such Borrowing are to be ABR Loans or Term Benchmark Loans,

first, to ABR Loans; and

The Loans comprising each ABR Borrowing (including each Swingline Loan) will bear interest at the ABR plus the Applicable Margin.

The Proposed Borrowing is to consist of [ABR Loans][Eurodollar Loans][Australian Bank Bill Rate Loans][Canadian BA Rate Loans].

“Applicable Margin” means, # for ABR Revolving Loans, 0%, and # for Eurocurrency Revolving Loans, 1.25%.

#By giving a Notice of Conversion, any Specified Borrower may elect from time to time # to convert such Specified Borrower’s Committed Rate Eurocurrency Loans in Dollars to Committed Rate ABR Loans or # to convert such Specified Borrower’s Committed Rate ABR Loans to Committed Rate Eurocurrency Loans in Dollars. Upon receipt of any Notice of Conversion the Applicable Administrative Agent shall promptly notify each relevant Bank thereof. All or any part of Committed Rate Eurocurrency Loans outstanding in Dollars or Committed Rate ABR Loans may be converted as provided herein, provided

Loans. A Participant shall not be eligible to obtain a loan from the Plan.

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