INDICATED SPREAD Sample Clauses

INDICATED SPREAD. The Indicated Spread is measured in basis points and from and including the Restatement Effective Date to the Termination Date, shall be 50 basis points for the Base Rate Option and 145 basis points for the LIBOR Rate Option.
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INDICATED SPREAD. The Indicated Spread is measured in basis points and shall be determined as follows: Revolving Loans --------------- Period Indicated Spread ------ ---------------- (Basis Points) Prime Rate Option LIBOR Rate Option ----------------- ----------------- From and including the Closing Date to the 50 212.5 Termination Date, on the aggregate outstanding principal amount of the Revolving Loans that is less than or equal to the difference of (A) the aggregate Revolving Loan Commitments MINUS (B) the outstanding LC Obligations MINUS (C) $50,000,000 From and including the Closing Date to the 75 275 Termination Date, on the aggregate outstanding principal amount of the Revolving Loans that is greater than the difference of (A) the aggregate Revolving Loan Commitments MINUS (B) the outstanding LC Obligations MINUS (C) $50,000,000 Term Loans ---------- Period Indicated Spread ------ ---------------- (Basis Points) Prime Rate Option LIBOR Rate Option ----------------- ----------------- From and including the Closing Date to the 50 212.5 Termination Date By the way of example only, and not in limitation (and assuming the aggregate Revolving Loan Commitments are $250,000,000 (i.e. no reduction has occurred)), if the aggregate outstanding principal amount of Revolving Loans is $200,000,000 and the outstanding LC Obligations are $25,000,000, then $175,000,000 of the outstanding principal amount of Revolving Loans will bear interest at the rate of Prime Rate plus 50 basis points or LIBOR plus 212.5 basis points, as applicable, and $25,000,000 of the outstanding principal amount of Revolving Loans will bear interest at the rate of Prime Rate plus 75 basis points or LIBOR plus 275 basis points, as applicable.
Sample 1
INDICATED SPREAD. The Indicated Spread is measured in basis points and shall be determined as follows: Revolving Loans Period Indicated Spread ------ ---------------- (Basis Points) Base Rate Option LIBOR Rate Option ---------------- ----------------- From and including the Closing Date to 50 212.5 the Termination Date, on the aggregate outstanding principal amount of the Revolving Loans that is less than or equal to the difference of (A) the Total Revolving Loan Commitments minus (B) the outstanding LC Obligations minus (C) $50,000,000 From and including the Closing Date to 75 275 the Termination Date, on the aggregate outstanding principal amount of the Revolving Loans that is greater than the difference of (A) the Total Revolving Loan Commitments minus (B) the outstanding LC Obligations minus (C) $50,000,000 By the way of example only, and not in limitation (and assuming the Total Revolving Loan Commitments are $450,000,000 (i.e. no reduction has occurred)), if the aggregate outstanding principal amount of Revolving Loans is $400,000,000 and the outstanding LC Obligations are $25,000,000, then $375,000,000 of the outstanding principal amount of the Revolving Loans will bear interest at the rate of the Base Rate plus 50 basis points or LIBOR plus 212.5 basis points, as applicable, and $25,000,000 of the outstanding principal amount of the Revolving Loans will bear interest at the rate of the Base Rate plus 75 basis points or LIBOR plus 275 basis points, as applicable.
Sample 1
INDICATED SPREAD. The Indicated Spread is measured in basis points and shall be determined as follows: REVOLVING LOANS --------------- Indicated Spread (Basis Points) -------------- Prime Rate Option LIBOR Rate Option ----------------- ----------------- From and including the Amendment Date to the Termination Date, on the aggregate 50 212.5 outstanding principal amount of the Loans that is less than or equal to the difference of (A) the Aggregate Revolving Loan Commitments MINUS (B) the outstanding LC Obligations MINUS (C) $25,0000,000 From and including the Amendment Date 75 285 to the Termination Date, on the aggregate outstanding principal amount of the Loans that is greater than the difference of (A) the Aggregate Revolving Loan Commitments MINUS (B) the outstanding LC Obligations MINUS (C) $25,000,000 TERM LOANS ---------- Indicated Spread Period (Basis Points) ------ -------------- Prime Rate Option LIBOR Rate Option ----------------- ----------------- From and including the Termination Date until payment in full 75 250
Sample 1
INDICATED SPREAD. The Indicated Spread is measured in basis points and shall be determined as follows: Revolving Loans --------------- Period Indicated Spread ------ ---------------- (Basis Points) Prime Rate Option LIBOR Rate Option From and including the Original Closing 25 200 Date to the Termination Date Term Loans ---------- Period Indicated Spread ------ ---------------- (Basis Points) Prime Rate Option LIBOR Rate Option From and including the Termination Date 50 225 to but not including the second anniversary of the Termination Date From and including the second anniversary 75 250 of the Termination Date
Sample 1

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