Margin
Margin. Percentage points ( basis points)
Margin. Initially means three and one-half percentage points (3.50%) (350 basis points) and will be effective until such time as the aggregate principal balance of all Loans and unfunded Commitment amounts under the Credit Agreement is (a) $20,000,000 or less, at which time the Margin will be reduced to three and one-quarter percentage points (3.25%), or (b) $15,000,000 or less, at which time the Margin will be further reduced to three percentage points (3.00%). Each reduction in the Margin will become...
View More
Found in
Advanced BioEnergy, LLC contract
Margin. Means 1.56%.
Found in
Applied Optoelect contract
Margin. 375 basis points
All Definitions