Applicable Rate

Example Definitions of "Applicable Rate"
Applicable Rate. Means the corporate base rate of interest publicly announced from time to time by Wells Fargo Bank, N.A. plus 2% per annum.
Applicable Rate. Means a rate per annum equal to the sum of: (i) the daily simple Secured Overnight Financing Rate published on the Federal Reserve Bank of New York, as the administrator of the benchmark (or a successor administrator) on its website as of the most recent historical Quarterly Interest Calculation Date plus (ii) one percent (1%); provided, that the Applicable Rate immediately following the Original Issue Date of this Note until the first Quarterly Interest Calculation Date following the Original... Issue Date shall be the Applicable Rate calculated using the Original Issue Date in lieu of the most recent historical Quarterly Interest Calculation Date. View More Arrow
Applicable Rate. Means the rate equal to the Prime Rate plus the Margin, but in any event, not less than ten percent (10%).
Applicable Rate. Means the applicable Federal short-term rate under ss.1274 of the Code announced from time to time.
Applicable Rate. Is 1% per month.
Applicable Rate. Means, at any particular time, the lesser of (x) four hundred (400) basis points above the "prime rate", as published by the Wall Street Journal, or (y) the maximum rate permitted by applicable law at such time.
Applicable Rate. Shall mean a rate equal to 5.5699%.
Applicable Rate. Pricing Level Consolidated Adjusted Total Debt to Consolidated Adjusted EBITDAR Ratio Commitment Fee Eurodollar Rate Base Rate 1 33.00:1 0.350 % 1.750 % 0.250 % 2 3 2.50:1 but 3.00:1 0.300 % 1.500 % 0.000 % 3 ... 3 2.00:1 but < 2.50:1 0.250 % 1.250 % 0.000 % 4 3 1.50 but< 2.00 0.225 % 1.125 % 0.000 % 5 < 1.50:1 0.200 % 1.000 % 0.000 % View More Arrow
Applicable Rate. Is a per annum rate equal to the "Prime Rate" plus one and three-quarters percent (1.75%).
Applicable Rate. For purposes of the foregoing, (i) the Leverage Ratio shall be determined as of the end of (A) each of the first three fiscal quarters of the Borrower's fiscal year based upon the Borrower's consolidated financial statements delivered pursuant to Section 5.01(b) and (B) the last fiscal quarter of the Borrower's fiscal year based upon the Borrower's consolidated financial statements delivered pursuant to Section 5.01(a) and (ii) each change in the Applicable Rate resulting from a change in the... Leverage Ratio shall be 1 effective during the period commencing on and including the date of delivery to the Administrative Agent of such consolidated financial statements indicating such change and ending on the date immediately preceding the effective date of the next such change; provided that the Leverage Ratio shall be deemed to be in Category 1 (A) at any time that an Event of Default has occurred and is continuing or (B) at the option of the Administrative Agent or at the request of the Required Lenders if the Borrower fails to deliver the consolidated financial statements required to be delivered by it pursuant to Section 5.01(a) or (b), during the period from the expiration of the time for delivery thereof until such consolidated financial statements are delivered. View More Arrow
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