Applicable Libor Margin

Applicable Libor Margin. As to each LIBOR Rate Loan, the applicable margin set forth in the right side of the grid below: A percentage equal to the average principal amount of Revolving A Loans and Letter of Credit Obligations outstanding during any calendar month over the Total Revolving A Credit Commitment Applicable LIBOR Margin - ----------------------------------------------------------------------- ----------------------- ... Less than 50% 2.75 percentage points Greater than or equal to 50% 3.0 percentage points View More

Applicable Libor Margin. As of any date of determination, the per annum rate set forth below opposite the ratio of Total Funded Debt to Total Capitalization calculated as of the then most recent fiscal quarter of the Borrower for which the Bank shall have received the Borrower's financial statements