Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5
Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period:
Applicable Commitment Fee Margin means, at all times, 0.500%.
Examples of Applicable Commitment Fee Margin in a sentence
For any quarter during the Term where the average daily unpaid balance of the Advances outstanding for each day of the quarter does not equal the Maximum Advance Amount, then Borrower shall pay to Agent for the ratable benefit of Lenders a fee at a rate per annum equal to the Applicable Commitment Fee Margin on the amount by which the Maximum Advance Amount exceeds such average daily unpaid balance during such quarter.
More Definitions of Applicable Commitment Fee Margin
Applicable Commitment Fee Margin means 0.50%.
Applicable Commitment Fee Margin means (a) at all times prior to the Reset Date, 0.500% and (b) at all times after the Reset Date, the applicable percentage set forth below corresponding to the relevant Leverage Ratio set forth in the Compliance Certificate most recently delivered by the Borrowers to the Administrative Agent: Leverage Ratio Applicable Commitment Fee Margin Greater than 1.75:1 0.500 % Less than or equal to 1.75:1 0.375 %
Applicable Commitment Fee Margin means at all times during the applicable periods set forth below with respect to the commitment fee payable to the Lenders, pursuant to Section 3.3.1, the applicable percentage set forth below under the column entitled "Applicable Commitment Fee Margin": Applicable Commitment Leverage Ratio Fee Margin Less than 3.50:1 0.250% Greater than or equal to 0.375% 3.50:1 and less than 4.50:1
Applicable Commitment Fee Margin means at all times during the applicable periods set forth below with respect to the fees payable to the Lenders pursuant to Section 4.03(c), the applicable percentage set forth below under the column entitled "Applicable Commitment Fee Margin": Total Net Debt to Applicable Commitment EBDAIT Ratio Fee Margin ----------------- Less than 4.0:1 0.375% Greater than or equal 0.500% to 4.0:1 The Total Net Debt to EBDAIT Ratio used to compute the Applicable Commitment Fee Margin shall be the Total Net Debt to EBDAIT Ratio set forth in the Compliance Certificate most recently delivered by the Borrowers to the Administrative Agents; changes in the Applicable Commitment Fee Margin resulting from a change in the Total Net Debt to EBDAIT Ratio shall become effective upon delivery by the Borrowers to the Administrative Agents of a new Compliance Certificate pursuant to Section 7.01(d)(ii). Notwithstanding anything to the contrary set forth in this Agreement (including the then effective Total Net Debt to EBDAIT Ratio), the Applicable Commitment Fee Margin for the period commencing on the Effective Date and ending on the earlier of November 17, 1997 or the delivery of the Compliance Certificate in respect of the Borrowers' third fiscal quarter of Fiscal Year 1997 shall be 0.50%. If the Borrowers shall fail to deliver a Compliance Certificate within 50 days after the end of any Fiscal Quarter (or within 60 days, in the case of the last Fiscal Quarter of the Fiscal Year) as required pursuant to Section 7.01(d)(ii), the Applicable Commitment Fee Margin from and including the 51st (or 61st, as the case may be) day after the end of such Fiscal Quarter to but not including the date the Borrowers deliver to the Administrative Agents a Compliance Certificate shall conclusively equal the highest Applicable Commitment Fee Margin set forth above. If the Borrowers deliver a Compliance Certificate pursuant to Section 7.01(d) (an "Annual Compliance Certificate") with respect to the audited annual financial statements of Foamex and its Subsidiaries for a Fiscal Year which shows a variance in the computation of the Total Net Debt to EBDAIT Ratio from such computation set forth in the Compliance Certificate delivered pursuant to Section 7.01(d) (a "Monthly Compliance Certificate") in connection with the last month of such Fiscal Year and the result of such variance is that the Borrowers received a decrease in the Applicable Commitment Fee Margin upon the delivery of the Monthly Complian...
Applicable Commitment Fee Margin means 0.375%.
Applicable Commitment Fee Margin means the lowest per annum rate determined by reference to the Net Debt to EBITDA Ratio and EBITDA to Interest Ratio, in each case that is satisfied for each of such ratios in a given clause below and as indicated in the Compliance Certificate most recently delivered pursuant to clause (c) of Section 7.1.1, equal to:
Applicable Commitment Fee Margin shall have the meaning set forth in Section 2.5.1(ii) hereof.