Applicable Margin

Applicable Margin. Means the applicable per annum percentage set forth at the appropriate intersection in the table shown below, based on the Borrowing Base Utilization as in effect from time to time

Applicable Margin. One-half of one percent (0.5%) per annum

Applicable Margin. 1.25% per annum

Applicable Margin. Initially shall mean 1.5% per annum, and shall be adjusted within 30 days after Borrowers deliver to Lender Borrowers' financial statements for the last day of a fiscal year of Borrowers, commencing with the fiscal year ending December 31, 2013 (based on financial statements delivered under Section 8.1(b) hereof, subject to retroactive adjustment upon delivery of financial statements under Section 8.1(a) hereof in case such statements indicate a Net Income that would result in a different... Applicable Margin), which adjustment shall be effective as of the first day of the month (the "Effective Date") in which the adjustment is made, provided that the Rate Adjustment Conditions (as defined hereinafter) are met. View More

Applicable Margin. 1.75% per annum

Applicable Margin. For any day, a rate per annum of (i) for LIBOR Loans, 2.25%, (ii) for Base Rate Loans, 0.00% or (iii) for Fixed Rate Loans, 2.25%.

Applicable Margin. (a) one percent (1.00%) per annum or (b) three quarters of one percent (0.75%) per annum upon Bank's receipt of evidence satisfactory to it that Borrower has achieved two consecutive quarters of positive net income, as determined in accordance with GAAP.

Applicable Margin. The following percentages per annum, based upon the Leverage Ratio as set forth in the most recent Compliance Certificate received by the Purchaser pursuant to Section 7(b)(1) of the Guaranty Agreement.

Applicable Margin. For any day, with respect to any ABR Loan, 1.75%, and in the case of any Eurocurrency Loan, 2.75%.

Applicable Margin. The definition of "Applicable Margin" is amended by deleting the word "Grid" and replacing it with "grid"