Applicable Rate
Applicable Rate. Means the rate at which the Preferred Securities --------------- accrue dividends. The Applicable Rate shall be 6 1/2% per annum from the date of original issuance of the Preferred Securities to (but excluding) the Reset Date. From the Reset Date, the Applicable Rate will be the Term Rate established by the Remarketing Agent to be effective on the Reset Date. The Applicable Rate will be increased upon the occurrence of a Registration Default, as set forth in Section 7(a) hereof. 2
Found in
URBAN ONE, INC. contract
Applicable Rate. Is a per annum rate equal to the "Prime Rate" plus one (1.0) percentage point.
Found in
MERCATOR SOFTWARE INC contract
Applicable Rate. Means, during the period from the date hereof through the Maturity Date, (a) the Prime Rate plus one-half of one (.50%) percent per annum or (b) the LIBOR Rate in effect with respect to the applicable Interest Period pursuant to the terms hereof plus two (2.00%) percent per annum.
Applicable Rate. Shall mean 9% per annum, subject to increase as required by Section 2(d) hereof and the Indenture.
Found in
Thryv Holdings, Inc. contract
Applicable Rate. Means the rate equal to ten percent (10%).
Applicable Rate. Means the annual rate equal to 8.0%.
Found in
NanoVibronix, Inc. contract
Applicable Rate. Index Debt Ratings: (Moody's/S&P) SOFR Spread ABR Spread Facility Fee Rate Category 1 ≥ A1/A+ 0.690 % 0.000 % 0.060 % Category 2 A2/A 0.800 % 0.000 % 0.075 % Category 3 A3/A- 0.900 % 0.000 % 0.100 % Category 4 Baa1/BBB+ 1.000 % 0.000 % 0.125 % Category 5 ≤ Baa2/BBB 1.100 % 0.100 % 0.150 %
Applicable Rate. Means 5.0% per annum.
Found in
NTN BUZZTIME INC contract
Applicable Rate. Shall mean 8.00% plus the Monthly SOFR Rate (as defined below).
Found in
Sun BioPharma, Inc. contract
Applicable Rate. Twelve percent (12%) per annum, which shall increase to an annual rate of eighteen percent (18%) per annum for so long as any Event of Default remains uncured. 1
All Definitions
Found in
HealthLynked Corp contract
