Amendment to Definition of Applicable Margin. The definition of "Applicable Margin" contained in Section 1.1 of the Credit Agreement is hereby amended and restated to read in its entirety as follows:
Amendment to Definition of Applicable Margin. The definition of Applicable Margin will be amended as follows:
Amendment to Definition of Applicable Margin. The definition of the term "Applicable Margin" contained in Section 1.1 of the Loan Agreement as presently in effect is hereby amended and restated to read in its entirety as follows:
Amendment to Definition of Applicable Margin. Section 1.05(f) of the Agreement is hereby amended and restated to read in its entirety as follows:
Amendment to Definition of Applicable Margin. Section 1.1 of the Credit Agreement is hereby amended by deleting the chart appearing in the definition of the term Applicable Margin and inserting in lieu thereof the following new chart: Senior Debt/EBITDA Eurodollar Canadian Canadian Ratio Base Rate Rate Base Rate COF RATE ------------------ --------- ---------- --------- -------- Less than 1.50 to 1 0 .50% 0 .5% 66 Less than 2.00 to 1 but greater than or equal to 1.50 to 1 0 .75% 0 .75% Less than 2.50 to 1 but greater than or equal to 2.00 to 1 0 1.00% 0 1.00% Less than 3.00 to 1 but greater than or equal to 2.50 to 1 0 1.25% 0 1.25% Less than 3.50 to 1 but greater than or equal to 3.00 to 1 0 1.50% 0 1.50% Equal to or greater than 3.50 to 1 .75% 2.25% .75% 2.25%
Amendment to Definition of Applicable Margin. Section 1.02 of the Credit Agreement shall be amended by amending and restating the pricing grid set forth in the definition of the term “Applicable Margin” in its entirety to read as follows: Consolidated Total Leverage Ratio Eurodollar Loans ABR Loans Commitment Fee Rate Less than 2.50 to 1.00 2.00 % 1.00 % 0.375 % Greater than or equal to 2.50 to 1.00 but less than 3.00 to 1.00 2.25 % 1.25 % 0.375 % Greater than or equal to 3.00 to 1.00 but less than 3.50 to 1.00 2.50 % 1.50 % 0.375 % Greater than or equal to 3.50 to 1.00 but less than 4.00 to 1.00 2.75 % 1.75 % 0.500 % Greater than or equal to 4.00 to 1.00 but less than 4.50 to 1.00 3.00 % 2.00 % 0.500 % Greater than or equal to 4.50 but less than 5.00 to 1.00 3.25 % 2.25 % 0.500 % Greater than or equal to 5.00 to 1.00 4.50 % 3.50 % 0.500 %
Amendment to Definition of Applicable Margin. The definition -------------------------------------------- of "Applicable Margin" in Article I of the Credit Agreement shall be deleted in its entirety, and the following definition of "Applicable Margin" shall be substituted in its stead:
Amendment to Definition of Applicable Margin. (a) Section 1.02 of the Credit Agreement is amended hereby by amending and restating the first sentence of the last paragraph of the definition “Applicable Margin” to read in full as follows: “Notwithstanding the foregoing, for purposes of determining the Applicable Margin for the period commencing on the First Amendment Effective Date and ending on the earlier to occur of (x) the date the Required Financial Information is delivered to the Administrative Agent and (y) June 30, 2016, the Total Leverage Ratio will be deemed to be that which corresponds to Level VI.”
Amendment to Definition of Applicable Margin. The definition of “Applicable Margin” contained in Section 1.1 of the Canadian Credit Agreement shall be amended in their entirety to read as follows:
Amendment to Definition of Applicable Margin. The parties hereto confirm that the definition of “Applicable Margin” in the Original Credit Agreement shall be amended by deleting the grid contained in such Section and replacing it with the following: S & P and DBRS >A / A A / A A- / A (low) BBB+ / BBB (high) BBB / BBB BBB- /BBB(low) < BBB- / BBB(low) / unrated Applicable Margin for Bankers’ Acceptances, LIBOR Loans & Documentary Credits 70 bps 80 bps 100 bps 120 bps 145 bps 170 bps 200 bps Applicable Margin for Prime Rate Loans and US Base Rate Loans 0 bps 0 bps 0 bps 20 bps 45 bps 70 bps 100 bps Commitment Fee 14.0 bps 16.0 bps 20.0 bps 24.0 bps 29 bps 34 bps 40 bps LEGAL_1:39860452.1
