Applicable Pricing Clause Samples

Applicable Pricing. The Facility A Borrower shall pay to the Agent on behalf of the Lenders under Facility A, at the Agent's Account for Payments, interest in respect of Advances obtained by the Facility A Borrower under Facility A, SunOpta Food Group shall pay to the US Administrative Agent on behalf of the Lenders under Facility B, at the Agent's Account for Payments, interest in respect of Advances obtained by SunOpta Food Group under Facility B, LP shall pay to the Agent on behalf of the Lenders under Facility D, at the Agent's Account for Payments, interest in respect of Advances obtained by LP under Facility D and the Facility E Borrower shall pay to the Agent or the US Administrative Agent, a applicable, on behalf of the Lenders under Facility E, at the Agent's Account for Payments, interest in respect of Advances obtained by the Facility E Borrower under Facility E, in accordance with the pricing grid below (the " Pricing Grid"). The applicable margin or fee payable by the Borrowers will be established quarterly and will be effective at the beginning of the third month of each Fiscal Quarter of the Borrowers and is based upon the attainment by SunOpta, on a consolidated basis, in its four previous Fiscal Quarters of the Funded Debt to EBITDA Ratio, calculated quarterly, as set out in Section 9.3, on the last day of any Fiscal Quarter based on the most recent period of twelve fiscal months completed and ending on or immediately prior to such day. 1. < 1.0:1.0 0.00% 0.75% 0.75% 2. > 1.0:1.0<2.0:1.0 0.00% 1.00% 1.00%

Applicable Pricing. Section 4.8 of the Credit Agreement is hereby amended such that the Pricing Grid contained therein is hereby deleted in its entirety and is replaced with the Pricing Grid and the text set out below: 1. < 2.0:1.0 0.00% 1.00% 1.00% 0.125%

Applicable Pricing. SunOpta shall pay to the Agent on behalf of the Lenders under Facility A, at the Borrower's Account for Payments, interest in respect of Advances obtained by SunOpta under Facility A, and SunOpta Food Group shall pay to the Agent on behalf of the Lenders under Facility B, at the Borrower's Account for Payments, interest in respect of Advances obtained by SunOpta Food Group under Facility B, in accordance with applicable margins and fees set forth in the pricing grid below (the "Pricing Grid"). As of the date hereof, the initial applicable margin or fee for all Advances shall be the margin or fee set out in Pricing Level II in the Pricing Grid and shall be held at Pricing Level II until required to be adjusted in accordance with the provisions of this Agreement. Subsequent applicable margins or fees shall be determined quarterly by the Agent based on the daily average Excess Availability for the then prior Fiscal Quarter and will be effective at the beginning of the first day of each Fiscal Quarter of the Borrower; provided that, if the Borrower does not provide when due such Borrowing Base Certificates and other evidence relating to Excess Availability as the Agent may require in accordance with the terms hereof, the Pricing Level shall (from and after the date the relevant information was required to be delivered to the Agent) be Pricing Level IV until the third Business Day after such Borrowing Base Certificates and other evidence are delivered by the Borrowers to the Agent, and for greater certainty pricing changes, as applicable, will be made as of the first day of each applicable Fiscal Quarter in respect of any Bankers' Acceptances or any BA Equivalent Loans which are outstanding at that time. I > Cdn.$45,000,000 300 bps 200 bps 75 bps II > Cdn.$30,000,000 but < Cdn.$45,000,000 350 bps 250 bps 87 bps III > Cdn.$15,000,000 but < Cdn.$30,000,000 400 bps 300 bps 100 bps IV < Cdn.$15,000,000 450 bps 350 bps 112 bps

Applicable Pricing. Supplement means the pricing supplement issued in relation to each Tranche of Notes as a supplement to the Programme Memorandum and giving details of that Tranche of Notes;