Class B Applicable Margin

Example Definitions of "Class B Applicable Margin"
Class B Applicable Margin. (I) with respect to any day on or prior to the effective date of this Amendment, 10.00%; and (II) with respect to any day after the effective date of this Amendment, 12.00%; provided (III) that on any day on which an Event of Default shall exist, the Class B Applicable Margin shall be the Class B Default Applicable Margin.
Found in CONSUMER PORTFOLIO SERVICES INC contract
All Definitions