Applicable Margin

Applicable Margin. Means, for any day, with respect to any ABR Loan or Eurodollar Loan, or with respect to the Commitment Fee Rate, as the case may be, the rate per annum set forth in the Borrowing Base Utilization Grid below based upon the Borrowing Base Utilization Percentage then in effect

Applicable Margin. Two percent (2.0%) per annum

Applicable Margin. For each Type of Loan (other than Other Term Loans), the rates per annum determined pursuant to the Pricing Grid, subject to Section 4.16(a)

Applicable Margin. Applicable Margin shall mean, with respect to (a) the Revolving Loans, three percent (3.00%) for Chase Bank Rate Loans and four percent (4.00%) for LIBOR Loans, and (b) Letters of Credit, four percent (4.00%)

Applicable Margin. (i) prior to the Conversion Date, one and one half of one percent (1.50%); or (ii) on or after the Conversion Date, two and one quarter of one percent (2.25%).

Applicable Margin. The Borrower agrees to pay to the Administrative Agent for the account of each Lender a commitment fee, which shall accrue at a rate per annum equal to 3/4 of 1% on the average daily unused amount of the Commitment of such Lender during the period from and including the date hereof to but excluding the earlier of the date such Commitment terminates and the Commitment Termination Date; provided that such rate shall be reduced by 1⁄4 of 1% per annum from and after the earlier of (x) the first day... of the 2008 Fiscal Year and (y) the Rate Reduction Date (as defined in the definition of "Applicable Margin" in Section 1.01 hereof). View More

Applicable Margin. (a) with respect to any ABR Loan, 6.50% per annum; and (b) with respect to any Eurodollar Loan, 7.50% per annum. The Applicable Margin for the Incremental Loans of any Series shall be determined at the time such Series of Loans is established pursuant to Section 2.01(c); and (i) if the Applicable Margin for Incremental Facility Term Loans of any Series would otherwise be more than 25 basis points higher than the Applicable Margin for Term Loans, then the Applicable Margin for Term Loans shall... be automatically increased to a rate per annum equal to 25 basis points less than the Applicable Margin for such Series of Incremental Facility Term Loans from and after the earlier of the initial date of borrowing of such Incremental Facility Term Loans or the date that the related Incremental Facility Term Loan Commitments are established and (ii) if the Applicable Margin for Incremental Revolving Credit Loans of any Series would otherwise be more than 25 basis points higher than the Applicable Margin for Revolving Credit Loans, then the Applicable Margin for Revolving Credit Loans shall be automatically increased to a rate per annum equal to 25 basis points less than the Applicable Margin for such Series of Incremental Facility Revolving Credit Loans from and after the date that the related Incremental Facility Revolving Credit Commitments are established View More

Applicable Margin. (i) for the Base Rate Portion, One-Half of One Percent (0.50%) per annum, and (ii) for the LIBOR Portion, Two and Sixty-Five Hundredths Percent (2.65%) per annum.

Applicable Margin. For each variable base rate loan, the applicable rate per annum on the table next following under the caption "Base Rate Margin" or "LIBOR Margin", respectively, under the Pricing Level then in effect based upon Borrower's Leverage Ratio as reflected in the Financials for the immediately preceding four Fiscal Quarters for income statement items and the most recently ended Fiscal Quarter for balance sheet items, computed as provided below.

Applicable Margin. Means, for any day, with respect to any ABR Loan or Eurodollar Loan, as the case may be, the rate per annum set forth in the Borrowing Base Utilization Grid below based upon the Borrowing Base Utilization Percentage then in effect: Borrowing Base Utilization Percentage Eurodollar Loans ABR Loans Level 1 less than 33% 1.000% 0.000% Level 2 greater than or equal to 33%, but less than 66% 1.250% 0.000% Level 3 greater than or equal to 66%, but less than 85% 1.500% 0.125% Level 4 greater than or... equal to 85% 1.750% 0.250% Each change in the Applicable Margin shall apply during the period commencing on the effective date of such change and ending on the date immediately preceding the effective date of the next such change, provided, however, that if at any time the Borrower fails to deliver a Reserve Report pursuant to Section 8.12(a), then the 'Applicable Margin' means the rate per annum set forth on the grid when the Borrowing Base Utilization Percentage is at its highest level. View More