Applicable Additional Margin
Applicable Additional Margin. Means a rate per annum equal to 0.10% for any period during which the sum of (a) the aggregate outstanding principal amount of the Loans and (b) the aggregate outstanding principal amount of the Loans under (and as defined in) the Other Credit Agreement shall be greater than 50% of the RC Sublimit then in effect.
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Found in
XL GROUP LTD contract