LIBO Rate Applicable Margin

LIBO Rate Applicable Margin. Ratio of Borrowing Base Debt to Borrowing Base LIBO RateApplicable Margin Greater than or equal to 90% 2.000 % Greater than or equal to 66.6% and less than 90% 1.750 % Greater than or equal to 33.3% and less than 66.6% 1.500 % Less than 33.3% 1.250 %