Applicable Margin

Example Definitions of "Applicable Margin"
Applicable Margin. Means, with respect to the Term Loans, Revolving Loans, the Swingline Loans, L/C Participation Fees and Commitment Fees: in the case of (i) ABR Borrowings and Swingline Loans, 6.50% per annum, (ii) SOFR Borrowings and the L/C Participation Fees, 7.00% per annum, and (iii) Commitment Fees, 0.50% per annum.
Applicable Margin. (a) with respect to Term A Loans which are Alternate Base Rate Loans, 4.00% per annum, (b) with respect to Term A Loans which are Eurodollar Loans, 5.00% per annum, (c) with respect to Alternate Base Rate Loans (other than Term A Loans), 4.50% per annum and (d) with respect to Eurodollar Loans and all other Loans (other than Term A Loans and Alternate Base Rate Loans), 5.50% per annum;
Applicable Margin. Shall mean, with respect to each Revolving Loan (and with respect to the calculation of Letter of Credit fees pursuant to Section 2.02(i)), subject to Section 2.07(c) hereof, the per annum margin which is determined pursuant to the Pricing Grid and added to the Base Rate or LIBOR Rate, as the case may be, for such Revolving Loan. The Applicable Margin shall be determined as provided in the Pricing Grid and may change for each Fiscal Quarter and as provided in Section 2.07(c).
Applicable Margin. The Applicable Margin shall be 2.50% for all Prime Rate Loans and 4.50% for all Eurodollar Rate loans.
Applicable Margin. The Applicable Margin shall be 6.50% for all Prime Rate Loans.
Applicable Margin. With respect to any Type of Loan (other than the FHLB Rate Loan), the margin set forth below, as determined by the Debt Service Coverage Ratio for the relevant Fiscal Quarter or Fiscal Quarters, as the case may be: Debt Service ------------ Level Coverage Ratio Prime Rate Loans LIBOR Loans ----- -------------- ---------------- ----------- I 1.50 ... 0% 1.50% - - --------------- ------------------------- -------------------- ----------------- II > 1.25, but < 1.49 0% 1.75% - - - --------------- ------------------------- -------------------- ----------------- III > 1.15, but < 1.24 0% 2.00% - - - --------------- ------------------------- -------------------- ----------------- IV < 1.15 (but not in 0% 2.25% default) - --------------- ------------------------- -------------------- ----------------- The Applicable Margin for Prime Rate Loans outstanding on the Effective Date shall be 0%. The Applicable Margin for LIBOR Loans outstanding as of the Effective Date shall be as determined under the Original LSA until the Interest Periods applicable thereto expire. With respect to all Loans made, continued or converted to another Type on or after the Effective Date, until the first day of the calendar month following Lender's receipt of the financial statements and corresponding Compliance Certificate for the Fiscal Quarter of Parent Guarantor ending on October 31, 2006, the Applicable Margin shall be determined as if Level II were applicable. Thereafter, the margins shall be subject to increase or decrease upon receipt by Lender pursuant to Section 10.1.2 of the financial statements and corresponding Compliance Certificate for the last Fiscal Quarter, which change shall be effective on the first day of the calendar month following receipt. If Lender fails to receive the financial statements and corresponding Compliance Certificate for any Fiscal Quarter of Parent Guarantor, then commencing on the first day of the calendar month following the date upon which such financial statements and Compliance Certificate were due to be delivered, the margins shall be determined as if Level II were applicable, from such day until the first Business Day of the calendar month following actual receipt. View More Arrow
Applicable Margin. Shall be, for any Type and Class of Loan, (i) prior to the Fourth Amendment Date, the percentage per annum set forth on Schedule 1.01(a) for such Type and Class of Loan, (ii) on and after the Fourth Amendment Date and prior to the Sixth Amendment Date, the Applicable Margin shall be the percentage per annum set forth on Schedule 1.01(b) for such Type and Class of Loan, and (iii) on and after the Sixth Amendment Date, the Applicable Margin shall be the percentage per annum set forth on Schedule... 1.01(c) for such Type and Class of Loan. View More Arrow
Applicable Margin. Means the following amounts per annum, based upon ------------------- the ratio of Indebtedness to TTM EBITDA as set forth in the most recent compliance certificate of Borrower received by Bank pursuant to Section 4.B.iii. of that certain Loan Agreement dated as of June 10, 2000 between Borrower and ------------- Bank, provided, however, that until Bank receives the first compliance -------- ------- certificate after the date of this... Note such amount shall be those indicated for pricing level 2 set forth below; - --------------------------------------------------------------------- Applicable Margin (in basis points per annum) --------------------------------------------------------------------- Indebtedness Wall Street Pricing To Journal Libor Level TTM EBITDA Rate + --------------------------------------------------------------------- 1 (less than) 1.50 to 1.0 200 bps --------------------------------------------------------------------- 2 (greater than/equal to) 1.50 to 1.0 250 bps --------------------------------------------------------------------- The Applicable Margin shall be in effect from the date the most recent compliance certificate is received by Bank to but excluding the date the next compliance certificate is received by Bank; provided, however, that if Borrower -------- ------- fails to timely deliver the next compliance certificate, the Applicable Margin from the date such compliance certificate was due to but excluding the date such is received by Bank shall be that indicated for the highest pricing level set forth above, and, thereafter, the pricing level indicated by such compliance certificate when received. View More Arrow
Applicable Margin. (a) with respect to Base Rate Loans, 2.00% per annum and (b) with respect to Eurocurrency Loans, 3.00% per annum; provided that on and after the first Adjustment Date, the Applicable Margin with respect to any Loans will be the rate per annum determined for such Type of Loan pursuant to the applicable Pricing Grid.
Applicable Margin. `Applicable Margin' means for each of the periods set forth below that percent per annum set forth opposite each such period: Applicable Period Margin ------ ---------- Date of Amendment No. 2 through June 30, 2001 2.00% ... July 1, 2001 through September 30, 2001 2.50% October 1, 2001 through December 31, 2001 2.75% January 1, 2002 through April 15, 2002 3.00% View More Arrow
All Definitions