Pricing Table

Pricing Table. ------------- - ----------- --------------- ---------------- ----------------- ------------------ ------------------ Applicable Applicable Applicable Eurodollar Base Rate L/C Margin Applicable Margin Margin (per annum) Commitment (per (per Rate Level Pricing... Ratio annum) annum) (per annum) - ----------- --------------- ---------------- ----------------- ------------------ ------------------ 1 Less than 1.75% 0.25% 1.75% 0.375% 2.50 to 1 - ----------- --------------- ---------------- ----------------- ------------------ ------------------ 2 Greater 2.00% 0.25% 2.00% 0.375% than or equal to 2.50 and less than 3.00 to 1 - ----------- --------------- ---------------- ----------------- ------------------ ------------------ 3 Greater 2.25% 0.25% 2.25% 0.50% than or equal to 3.00 and less than 3.50 to 1 - ----------- --------------- ---------------- ----------------- ------------------ ------------------ 4 Greater 2.50% 0.50% 2.50% 0.50% than or equal to 3.50 and less than 4.00 to 1 - ----------- --------------- ---------------- ----------------- ------------------ ------------------ 5 Greater 2.75% 0.75% 2.75% 0.50% than or equal to 4.00 and less than 4.50 to 1 - ----------- --------------- ---------------- ----------------- ------------------ ------------------ Any change in the applicable margin shall become effective on the first day after receipt by the Banks of the financial statements delivered pursuant to ss.6.4(a) or (b) which indicate a change in the Pricing Ratio. If at any time such financial statements are not delivered within the time periods specified in ss.6.4(a) or (b), the applicable margin shall be the highest rate set forth in the respective column of the Pricing Table, subject to adjustment upon actual receipt of such financial statements. View More

Pricing Table. Pricing Table... For each period commencing on an Adjustment Date through the date immediately preceding the next Adjustment Date (each a "Rate Adjustment Period"), the applicable margin shall be the applicable percentage set forth below with respect to the Obligors' Leverage Ratio, as determined at the end of the fiscal quarter of the Obligors and their Subsidiaries ending immediately prior to the applicable Rate... Adjustment Period: - - - ------------------------------------------------------------------------------------------------------ Level Leverage Ratio Applicable Applicable Base Commitment Fee Eurodollar Rate Rate Margin Margin - - - ------------------------------------------------------------------------------------------------------ I Greater than or equal to 3.00 2.250% 0.750% 0.625% to 1.00 - - - ------------------------------------------------------------------------------------------------------ II Less than 3.00 to 1.00 and 2.000% 0.500% 0.625% greater than or equal to 2.25 to 1.00 - - - ------------------------------------------------------------------------------------------------------ III Less than 2.25 to 1.00 and 1.750% 0.250% 0.500% greater than or equal to 1.50 to 1.00 - - - ------------------------------------------------------------------------------------------------------ IV Less than 1.50 to 1.00 and 1.500% 0.250% 0.500% greater than or equal to 1.00 to 1.00 - - - ------------------------------------------------------------------------------------------------------ V Less than 1.00 to 1.00 1.250% 0.250% 0.500% - - - ------------------------------------------------------------------------------------------------------ Notwithstanding the foregoing, (a) for the period commencing on the Closing Date through the end of the month in which the quarterly compliance certificate for the fiscal quarter ending March 31, 1999 is delivered pursuant to ss.9.4(d) hereof, the applicable margin for Loans shall be that percentage corresponding to Level II in the table above, and (b) if the Obligors fail to deliver any Compliance Certificate pursuant to ss.9.4(d) hereof, then for the period commencing on the first day of the month immediately following the date such Compliance Certificate was due through the date immediately preceding the Adjustment Date that occurs immediately following the date on which such Compliance Certificate is delivered, the applicable margin for Loans shall be that percentage corresponding to Level I in the table above. View More

Pricing Table. With respect to Domestic Loans, Canadian Loans, U.K. Loans, PR Loans, Bankers' Acceptances, Letters of Credit, Letter of Credit Fees, Domestic Commitments, Canadian Commitments, U.K. Commitments and PR Commitments, on each day the Applicable Acceptance Fee Rate, Applicable Facility Fee Rate, and Applicable Margin shall be as set forth in the table below (expressed in basis points per annum) based on the Senior Public Debt Ratings in effect on such day and shall correspond to the highest level... in such table at which the Senior Public Debt Ratings threshold shall be satisfied. If at any time there is a split among ratings of S&P, Fitch and Moody's such that all three ratings fall in different Levels in the table below, the Applicable Acceptance Fee Rate, Applicable Facility Fee Rate, and Applicable Margin shall be determined by the rating that is neither the highest nor the lowest of the three ratings, and, if at any time there is a split among ratings of S&P, Fitch and Moody's such that two of such ratings are in one Level in the table below (the "Majority Level") and the third rating is in a different Level, the Applicable Acceptance Fee Rate, Applicable Facility Fee Rate, and Applicable Margin shall be determined by the rating at the Majority Level. In the event that a Senior Public Debt Rating is not available from any one of S&P, Moody's or Fitch, the Applicable Acceptance Fee Rate, Applicable Facility Fee Rate, and Applicable Margin shall be as set forth in the table below (expressed in basis points per annum) based on the Senior Public Debt Ratings of S&P, Moody's and Fitch that are available and in effect on such day and shall correspond to the highest level in such table at which the Senior Public Debt Ratings threshold shall be satisfied; provided that (i) in the event of a one step split rating by S&P, Moody's and Fitch, as the case may be, the higher step rating shall apply and (ii) in the event of a two or more step split rating by S&P, Moody's and Fitch, as the case may be, the step rating that is one step above the lower rating shall apply. In the event that a Senior Public Debt Rating is not available from Fitch and one of S&P or Moody's, the Applicable Acceptance Fee Rate, Applicable Facility Fee Rate, and Applicable Margin shall be as set forth in the table below (expressed in basis points per annum) based on the Senior Public Debt Ratings available from S&P or Moody's, as the case may be, in effect on such day and shall correspond to the highest level in such table at which the Senior Public Debt Ratings threshold shall be satisfied. In the event that neither S&P nor Moody's has a Senior Public Debt Rating available, the Applicable Acceptance Fee Rate, the Applicable Facility Fee Rate, and the Applicable Margin shall be as set forth in Level VI in the table below. Adjustments to the Applicable Acceptance Fee Rate, the Applicable Facility Fee Rate, and the Applicable Margin shall be made on, and shall be effective as of, the day of any adjustment in the Senior Public Debt Rating. View More