Common use of APPLICABLE COMMITMENT FEE PERCENTAGE Clause in Contracts

APPLICABLE COMMITMENT FEE PERCENTAGE. For any fiscal quarter or portion thereof, three-eighths of one percent (0.375%) per annum; PROVIDED, HOWEVER, that in the event that the ratio of Funded Debt (calculated as of the last day of such fiscal quarter or portion thereof) to EBITDA (calculated for the four consecutive fiscal quarters ending on the last day of such fiscal quarter or portion thereof) meets the requirements set forth in the chart below, the Applicable Commitment Fee Percentage shall, commencing with the date which is ten (10) days after any date on which the Borrower delivers to the Banks the financial statements referred to in ss.8.4(a) or (b) for such fiscal quarter or portion thereof and ending with the date nine (9) days after the next date on which the Borrower delivers to each of the Banks the financial statements referred to in ss.8.4(a) or (b), be the percentage set forth opposite the applicable ratio of Funded Debt to EBITDA in the table below: Ratio of Funded Debt to EBITDA Applicable Commitment Fee Percentage -------------------- ------------------------------------ Greater than or equal to 2.5:1.0 0.375% Greater than or equal to 2.0:1.0 0.275% but less than 2.5:1.0 Greater than or equal to 1.5:1.0 0.225% but less than 2.0:1.0 Less than 1.5:1.0 0.200% APPLICABLE EURODOLLAR RATE MARGIN. For any fiscal quarter or portion thereof within any Interest Period with respect to any Eurodollar Rate Loan, one and three-eighths percent (1.375%) per annum; PROVIDED, HOWEVER, that in the event that the ratio of Funded Debt (calculated as of the last day of such fiscal quarter or portion thereof) to EBITDA (calculated for the four consecutive fiscal quarters ending on the last day of such fiscal quarter or portion thereof) meets the requirements set forth in the chart below, the Applicable Eurodollar Rate Margin shall, commencing with (but not before) the date which is ten (10) days after the date on which the Borrower delivers to the Banks the financial statements referred to in ss.8.4(a) or (b) for such fiscal quarter or portion thereof and ending with the date which is nine (9) days after the next date on which the Borrower delivers to each of the Banks the financial statements referred to in ss.8.4(a) or (b), be the percentage set forth opposite the applicable ratio of Funded Debt to EBITDA in the table below: Ratio of Funded Debt Applicable Eurodollar to EBITDA Rate Margin -------------------- --------------------- Greater than or equal to 3.0:1.0 1.375% Greater than or equal to 2.5:1.0 1.125% but less than 3.0:1.0 Greater than or equal to 2.0:1.0 0.875% but less than 2.5:1.0 Greater than or equal to 1.5:1.0 0.625% but less than 2.0:1.0 Less than 1.5:1.0 0.500% ASSIGNMENT AND ACCEPTANCE. See ss.19.1. BALANCE SHEET DATE. October 26, 1996. BANK BUMIPUTRA LOAN AGREEMENT. The Loan Agreement dated as of February 9, 1996 among Hadco Malaysia, formerly known as Zycon Corporation SDN BHD, Bank Bumiputra and certain other lenders, as in effect on January 8, 1997.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Hadco Acquisition Corp Ii), Revolving Credit Agreement (Hadco Acquisition Corp Ii), Revolving Credit Agreement (Hadco Corp)

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APPLICABLE COMMITMENT FEE PERCENTAGE. For any fiscal quarter or portion thereof, three-eighths of one percent (0.375%) per annum; PROVIDED, HOWEVER, that in the event that the ratio of Funded Debt (calculated as of the last day of such fiscal quarter or portion thereof) to EBITDA (calculated for the four consecutive fiscal quarters ending on the last day of such fiscal quarter or portion thereof) meets the requirements set forth in the chart below, the Applicable Commitment Fee Percentage shall, commencing with the date which is ten (10) days after any date on which the Borrower delivers to the Banks the financial statements referred to in ss.8.4(a[Section]8.4(a) or (b) for such fiscal quarter or portion thereof and ending with the date nine (9) days after the next date on which the Borrower delivers to each of the Banks the financial statements referred to in ss.8.4(a[Section]8.4(a) or (b), be the percentage set forth opposite the applicable ratio of Funded Debt to EBITDA in the table below: Ratio of Funded Debt to EBITDA Applicable Commitment Fee to EBITDA Percentage -------------------- ------------------------------------ --------- ---------- Greater than or equal to 2.5:1.0 0.375% Greater than or equal to 2.0:1.0 0.275% but less than 2.5:1.0 Greater than or equal to 1.5:1.0 0.225% but less than 2.0:1.0 Less than 1.5:1.0 0.200% APPLICABLE EURODOLLAR RATE MARGIN. For any fiscal quarter or portion thereof within any Interest Period with respect to any Eurodollar Rate Loan, one and threeone-eighths eighth percent (1.3751.125%) per annum; PROVIDED, HOWEVER, that in the event that the ratio of Funded Debt (calculated as of the last day of such fiscal quarter or portion thereof) to EBITDA (calculated for the four consecutive fiscal quarters ending on the last day of such fiscal quarter or portion thereof) meets the requirements set forth in the chart below, the Applicable Eurodollar Rate Margin shall, commencing with (but not before) the date which is ten (10) days after the date on which the Borrower delivers to the Banks the financial statements referred to in ss.8.4(a[Section]8.4(a) or (b) for such fiscal quarter or portion thereof and ending with the date which is nine (9) days after the next date on which the Borrower delivers to each of the Banks the financial statements referred to in ss.8.4(a[Section]8.4(a) or (b), be the percentage set forth opposite the applicable ratio of Funded Debt to EBITDA in the table below: Ratio of Funded Debt Applicable Eurodollar to EBITDA Rate Margin -------------------- --------------------- Greater than or equal to 3.0:1.0 1.375% --------- ----------- Greater than or equal to 2.5:1.0 1.125% but less than 3.0:1.0 Greater than or equal to 2.0:1.0 0.875% but less than 2.5:1.0 Greater than or equal to 1.5:1.0 1.5:10 0.625% but less than 2.0:1.0 Less than 1.5:1.0 0.500% ASSIGNMENT AND ACCEPTANCE. See ss.19.1[Section]20.1. BALANCE SHEET DATE. October 26, 1996. BANK BUMIPUTRA LOAN AGREEMENT. The Loan Agreement dated as of February 9, 1996 among Hadco Malaysia, formerly known as Zycon Corporation Corp. SDN BHD, Bank Bumiputra and certain other lenders, as in effect on January 8, 1997the date hereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hadco Acquisition Corp)

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