Applicable Margin
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.
Found in
KEY TRONIC CORP contract
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.
Found in
Sensus Healthcare, Inc. contract
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.
Found in
COWEN INC. contract
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
Found in
Omega Flex, Inc. contract
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.
Found in
BlueLinx Holdings Inc. contract
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)
Applicable Margin. Means (a) 0.90% per annum with respect to a Tranche funded with Commercial Paper and (b) in all other cases, 1.30% per annum.
Found in
Bunge LTD contract
Applicable Margin. (a) for each Type of Loan under each Facility set forth below, the rate per annum set forth opposite such Facility under the relevant column heading below: Base RateLoans EurodollarLoans Revolving Credit Facility 0.75 % 1.75 % Tranche C Term Loan Facility 1.00 % 2.00 % and (b) for each Type of Loans under the Additional Term Loan Facility, the rate per annum set forth for such Type in the Additional Term Loan Supplement.
Applicable Margin. 2.00% per annum
Found in
RGC RESOURCES INC contract
Applicable Margin. With respect to the definition of "Applicable Margin," by amending and restating the table therein to read in its entirety as follows: Base Rate Loans LIBOR Loans If the Total Leverage Ratio is less than 4.0 0.0 % 1.75 % If the Total Leverage Ratio is equal to or greater than 4.0 0.25 % 2.25 %
All Definitions
Found in
WILLIS LEASE FINANCE CORP contract