Applicable Margin

Applicable Margin. [*] basis points

Applicable Margin. The per annum percentage set forth below, which corresponds to the Borrower's Pricing Level as of the most recent Calculation Date.

Applicable Margin. Three and three fourths percent (3.75%) per annum

Applicable Margin. 1.1.7 "Applicable Margin" means (i) with respect to any Advance by way of Prime Rate Loan or Base Rate Loan, 125 basis points and (ii) with respect to any Advance by way of Libor Loan or Banker's Acceptance, 275 basis points.

Applicable Margin. Means, with respect to the JP Morgan Chase Bank Rate or LIBOR, as applicable, the amount set forth below corresponding to the applicable level.

Applicable Margin. (i) with respect to the Daily Adjusting Term SOFR Rate, Two and One Half percent (2.50%) per annum, and (ii) with respect to the Prime Referenced Rate, the greater of (x) the Applicable Margin for the Daily Adjusting Term SOFR Rate minus one percent (1%) per annum, or (y) zero percent (0%) per annum.

Applicable Margin. (a) with respect to LIBOR Rate Loans, three hundred fifty basis points (3.50%) per annum, and (b) with respect to Base Rate Loans, one hundred fifty basis points (1.50%) per annum.

Applicable Margin. Pricing Level Funded Debt to EBITDA Ratio Unused Fee Prime Rate Loans SOFR Rate Loans 1 >=3.00x 0.10% 0.50% 1.75% 2 <3.00x and >=2.00x 0.10% 0.00% 1.10% 3 <2.00x and >=1.50x 0.10% 0.00% 0.95% 4 <1.50x 0.10% 0.00% 0.75% Any increase or decrease in the Applicable Margin resulting from a change in the Funded Debt to EBITDA Ratio shall become effective as of the first Business Day immediately following the date a Covenant Compliance Certificate is delivered pursuant to this Agreement; provided, however, that if a Covenant Compliance Certificate is not delivered when due in accordance with this Agreement, then, Pricing Level 1 shall apply, in each case as of the first Business Day after the date on which such Covenant Compliance Certificate was required to have been delivered and in each case shall remain in effect until the first Business Day following the date on which such Covenant Compliance Certificate is delivered

Applicable Margin. At any time, as to the Interest Rate for Prime Rate Loans and the Interest Rate for Eurodollar Rate Loans, the applicable percentage (on a per annum basis) set forth below if the Quarterly Average Modified Adjusted Excess Availability for the immediately preceding fiscal quarter is at or within the amounts indicated for such percentage.

Applicable Margin. The rate per annum set forth below for the then applicable Leverage Ratio (tested quarterly pursuant to Sections 6.1(a) and 5.2(a) and applicable for the fiscal quarter immediately following the fiscal period tested)