Eurodollar Rate Margin definition

Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.
Eurodollar Rate Margin has the meaning specified in subsection 2.2A.
Eurodollar Rate Margin means for any day the rate per annum set forth below opposite the applicable S&P Bond Rating and Moodx'x Bond Rating in effect on such day:

Examples of Eurodollar Rate Margin in a sentence

  • TERM LOAN FACILITY: Term Loan Facility Eurodollar Rate Margin...........................


More Definitions of Eurodollar Rate Margin

Eurodollar Rate Margin means a percentage, determined as set forth in Section 2.6.
Eurodollar Rate Margin has the meaning specified in Section 5.2.
Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Revolving Loans that are Eurodollar Rate Loans pursuant to subsection 2.2A.
Eurodollar Rate Margin means for any date the percentage per annum applicable on such date as set forth in the row labeled "Applicable Margin" on Schedule II hereto, which is based on the ratings (or lack thereof) by Moody's or S&P or both of the public long-term senior unsecured debt securities of Parent.
Eurodollar Rate Margin means the Applicable Margin for Eurodollar Loans.
Eurodollar Rate Margin means (i) during the period commencing on the Closing Date and ending on but not including the first Adjustment Date, two percent (2.000%) per annum and (ii) during each Calculation Period, the percent per annum set forth in the table below under the heading Eurodollar Rate Margin opposite the Indebtedness to EBITDA Ratio which corresponds to the Indebtedness to EBITDA Ratio set forth in, and as calculated in accordance with, the applicable Compliance Certificate. Indebtedness to EBITDA Base Margin Commitment Fee Eurodollar Rate Margin ---------------------- ----------- -------------- ---------------------- Greater than or equal to 1.50 0.500% 0.500% 2.250% Greater than or equal to 1.00 but less than 1.50 0.500% 0.375% 2.000% Less than 1.00 0.500% 0.375% 1.750% Upon delivery of the Compliance Certificate pursuant to subsection 9.1(c) in connection with the financial statements of Parent and the Subsidiaries required to be delivered pursuant to Section 9.1(b) at the end of each Fiscal Quarter commencing with such Compliance Certificate delivered with respect to the Fiscal Quarter ending on November 30, 2000, the Base Margin, the Eurodollar Rate Margin (for Interest Periods commencing after the applicable Adjustment Date) and, the Commitment Fee Rate shall automatically be adjusted in accordance with the Indebtedness to EBITDA Ratio set forth therein and the table set forth above, such automatic adjustment to take effect as of the first Business Day after the receipt by Agent of the related Compliance Certificate pursuant to Section 9.1(c) (each such Business Day when such margins or fees change pursuant to this sentence or the next following sentence, herein an "Adjustment Date"). If Parent fails to deliver such Compliance Certificate which so sets forth the Indebtedness to EBITDA Ratio within the period of time required by subsection 9.1(c): (i) the Base Margin shall automatically be adjusted to one-half of one percent (0.500%) per annum; (ii) the Eurodollar Rate Margin (for Interest Periods commencing after the applicable Adjustment Date) shall automatically be adjusted to two and one-quarter percent (2.250%) per annum; and (iii) the Commitment Fee Rate shall automatically be adjusted to one-half of one percent (0.500%), such automatic adjustments to take effect as of the first Business Day after the last day on which Parent was required to deliver the applicable Compliance Certificate in accordance with Section 9.1(c) and to remain in effect until subseq...
Eurodollar Rate Margin is defined in the Fee Letter.