Applicable Margin

Applicable Margin. At any date of calculation on or after the Fourth Amendment Date, the percentage corresponding to the applicable Senior Funded Debt to Consolidated EBITDA Ratio as reported for the most recently concluded fiscal quarter of Borrower with respect to which Borrower has been required to report pursuant to Section 5.12(a) or 5.12(b) of this Agreement and as set forth in the calculations attached to the certificate delivered pursuant to Section 5.12(k) of this Agreement for such fiscal quarter:... Senior Funded Debt to Consolidated EBITDA Ratio ApplicableMargin > 1.50:1.00 2.00 % £ 1.50:1.00 and > 0.75:1.00 1.75 % £ 0.75:1.00 1.50 % The Applicable Margin determined with respect to each fiscal quarter of Borrower shall apply from the date after the end of such fiscal quarter when the same is determined until the date after the end of the next succeeding fiscal quarter of Borrower when the Applicable Margin is determined with respect to such next succeeding fiscal quarter of Borrower. View More

Applicable Margin. Borrowing Base Utilization Grid Borrowing Base Utilization Percentage <25% 325% <50% 350% <75% 375% £100% >100% Eurodollar Loans 2.25% 2.50% 2.75% 3.00% 3.50% ABR Loans 1.25% 1.50% 1.75% 2.00% 2.50%

Applicable Margin. 1 Borrowing Base Utilization Grid Borrowing Base Utilization Percentage <25% >25% <50% >50% <75% >75% <90% >90% Eurodollar Loans 1.50 % 1.75 % 2.00 % 2.25 % 2.50 % ABR Loans 0.50 % 0.75 % 1.00 % 1.25 % 1.50 %

Applicable Margin. The definition of "Applicable Margin" is hereby amended by deleting the columns titled "Applicable Margin for Eurodollar Rate Revolving Loans" and "Applicable Margin for ABR Rate Revolving Loans" in the chart included in such definition and replacing it with the following: 1 Applicable Margin for Eurodollar Rate Revolving Loans Applicable Margin for ABR Rate Revolving Loans 2.75 % 1.75 % 2.50 % 1.50 %

Applicable Margin. The definition of Applicable Margin is hereby amended by amending and restating the Borrowing Base Utilization Grid contained therein in its entirety to read as follows: Borrowing Base Utilization Grid Borrowing Base Utilization Percentage <25.0% 325% <50.0% 350.0% <75.0% 375% <90% >90% Eurodollar Loans 2.00% 2.25% 2.50% 2.75% 3.00% ABR Loans 1.00% 1.25% 1.50% 1.75% 2.00%

Applicable Margin. Leverage Ratio chart contained in the definition of "Applicable Margin" in Section 1.1 is hereby deleted in its entirety and replaced with the following: Leverage Ratio Column 1 Column 2 Category l Greater than or equal to 4.50 to 1. 3.50 % 0.50 % Category 2 Less than 4.50 to 1, but greater than or equal to 4.00 to 1. 3.25 % 0.45 % Category 3 Less than 4.00 to 1, but greater than or equal to 3.50 to 1 3.00 % 0.40 % Category 4 Less than 3.50 to 1, but greater than or equal to 3.00 to 1 2.75 %... 0.35 % Category 5 Less than 3.00 to 1, but greater than or equal to 2.25 to 1. 2.00 % 0.25 % Category 6 Less than 2.25 to 1, but greater than or equal to 1.50 to 1. 1.75 % 0.20 % Category 7 Less than 1.50 to 1. 1.50 % 0.15 % View More

Applicable Margin. One percent (1.0%) per annum

Applicable Margin. With respect to Initial Term Loans, (i) for Eurodollar Rate Loans, 3.00% and (ii) for ABR Loans, 2.00%

Applicable Margin. Means a percentage charged by Consultant for the Services in the amount set forth on Schedule A, as amended from time to time by mutual written agreement of the Parties.

Applicable Margin. One hundred sixty five (165) basis points