Applicable Margin

Applicable Margin. For eighteen (18) months following the Amendment No. 1 Effective Date, the Applicable Margin shall be increased by an additional 0.75% per annum.

Applicable Margin. 260 basis points (2.60%) per annum.

Applicable Margin. For any day, a margin of interest over the Base Rate or the LIBOR Rate, as the case may be, that is applicable when the Base Rate or LIBOR Rate, as applicable, is determined under this agreement. For purposes of determining the Applicable Margin for Borrowings, the following rules shall apply: (a) The Applicable Margin is subject to adjustment (upwards or downwards, as appropriate) on any day without notice to Borrower or any other Person based on the ratio of the Commitment Usage to the... Conforming Borrowing Base, as stated in the table below. (b) For purposes of the definition of "Applicable Margin", the ratio of the Commitment Usage to the Conforming Borrowing Base is determined as of each day by dividing the Commitment Usage for such day by the Conforming Borrowing Base in effect on such day. (c) If Borrower fails to timely furnish to Administrative Agent any Financials and related Compliance Certificate as required by this agreement, then the maximum Applicable Margin shall apply from the date those Financials and related Compliance Certificate are required to be delivered and remain in effect until Borrower furnishes them to Administrative Agent. (d) If the Conforming Borrowing Base is no longer in effect, then all references in this definition to "Conforming Borrowing Base" shall be deemed to refer to the "Borrowing Base". For all Borrowings: RATIO OF COMMITMENT USAGE TO THE CONFORMING BORROWING BASE APPLICABLE MARGIN FOR BASE-RATE BORROWINGS APPLICABLE MARGIN FOR LIBOR-RATE BORROWINGS less than 25% 0.00% 1.25% greater than or equal to 25% but less than 50% 0.00% 1.50% greater than or equal to 50% but less than 75% 0.25% 1.75% greater than or equal to 75% but less than 100% 0.50% 2.00% greater than or equal to 100% 0.75% 2.25% View More

Applicable Margin. Means, for any day, with respect to any Base Rate Advance, Canadian Prime Rate Advance or Eurodollar Rate Advance or with respect to the commitment fees payable hereunder, the applicable rate per annum set forth below under the caption "Base Rate and Canadian Prime Rate", "Eurodollar Rate" or "Commitment Fee Rate", respectively, subject to changes in the Total Debt Ratio as indicated below:

Applicable Margin. For any day, with respect to any Loan or with respect to the Commitment Fee Rate, the applicable rate per annum set forth in the Borrowing Base Utilization Grid below based on the Borrowing Base Utilization Percentage then in effect on such day: Borrowing Base Utilization Percentage <25 % >25% <50 % >50% <75 % >75% <90 % >90 % Eurodollar Loans 2.500 % 2.750 % 3.000 % 3.250 % 3.500 % ABR Loans 1.625 % 1.875 % 2.125 % 2.375 % 2.625 % Commitment Fee Rate 0.500 % 0.500 % 0.500 % 0.500 % 0.500 % Each change in the Applicable...itment Fee Rate shall apply during the period commencing on the effective date of such change in the Borrowing Base Utilization Percentage 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" and "Commitment Fee Rate" each shall mean the rate per annum set forth on the grid when the Borrowing Base Utilization Percentage is at its highest level View More

Applicable Margin. To the extent that an applicable Existing Loan Document contains a definition of "Applicable Margin" (or analogous or similar term), such term is hereby amended to replace references therein to the word "LIBOR" (or other analogous or similar reference relating to a LIBOR Credit Extension) with the word "SOFR" (or other analogous or similar reference relating to a SOFR Credit Extension).

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.