Common use of APPLICABLE MARGIN AND APPLICABLE PERCENTAGE Clause in Contracts

APPLICABLE MARGIN AND APPLICABLE PERCENTAGE. PricingLevel Total Debt to EBITDA Ratio Applicable Margin for Eurodollar Loans Applicable Margin for Base Rate Loans Applicable Percentage for Commitment Fee I Less than 1.50:1.00 1.750% per annum 0% per annum 0.15% per annum II Less than 2.00:1.00 but greater than or equal to 1.50:1.00 1.875% per annum 0% per annum 0.20% per annum III Less than 2.50:1.00 but greater than or equal to 2.00:1.00 2.000% per annum 0% per annum 0.25% per annum IV Greater than or equal to 2.50:1.00 2.250% per annum 0% per annum 0.30% per annum

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Aaron's Inc)

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APPLICABLE MARGIN AND APPLICABLE PERCENTAGE. PricingLevel Total Net Debt to EBITDA Ratio Applicable Margin for Eurodollar Loans Applicable Margin for Base Rate Loans Applicable Percentage for Commitment Fee I Less than 1.50:1.00 1.7501.00:1.00 1.25% per annum 00.25% per annum 0.15% per annum II Less than 1.50:1.00 but greater than or equal to 1.00:1.00 1.50% per annum 0.50% per annum 0.15% per annum III Less than 2.00:1.00 but greater than or equal to 1.50:1.00 1.8751.75% per annum 00.75% per annum 0.20% per annum III IV Less than 2.50:1.00 but greater than or equal to 2.00:1.00 2.0002.00% per annum 01.00% per annum 0.25% per annum IV V Greater than or equal to 2.50:1.00 2.2502.25% per annum 01.25% per annum 0.30% per annum

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Aaron's Inc)

APPLICABLE MARGIN AND APPLICABLE PERCENTAGE. PricingLevel Pricing Level Total Debt to EBITDA Ratio Applicable Margin for Eurodollar Loans Applicable Margin for Base Rate Loans Applicable Percentage for Commitment Fee I Less than 1.50:1.00 1.7501.000% per annum 0% per annum 0.15% per annum II Less than 2.00:1.00 but greater than or equal to 1.50:1.00 1.8751.125% per annum 0% per annum 0.20% per annum III Less than 2.50:1.00 but greater than or equal to 2.00:1.00 2.0001.250% per annum 0% per annum 0.25% per annum IV Greater than or equal to 2.50:1.00 2.2501.500% per annum 0% per annum 0.30% per annum

Appears in 1 contract

Samples: Revolving Credit Agreement (Aaron's Inc)

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APPLICABLE MARGIN AND APPLICABLE PERCENTAGE. PricingLevel Pricing Level Total Net Debt to EBITDA Ratio Applicable Margin for Eurodollar Loans Applicable Margin for Base Rate Loans Applicable Percentage for Commitment Fee I Less than 1.50:1.00 1.7501.00:1.00 1.25% per annum 00.25% per annum 0.15% per annum II Less than 1.50:1.00 but greater than or equal to 1.00:1.00 1.50% per annum 0.50% per annum 0.15% per annum III Less than 2.00:1.00 but greater than or equal to 1.50:1.00 1.8751.75% per annum 00.75% per annum 0.20% per annum III IV Less than 2.50:1.00 but greater than or equal to 2.00:1.00 2.0002.00% per annum 01.00% per annum 0.25% per annum IV Greater than or equal to 2.50:1.00 2.250% per annum 0% per annum 0.30% per annum

Appears in 1 contract

Samples: Agreement (Aaron's Inc)

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