Pricing Table. APPLICABLE APPLICABLE BASE RATE APPLICABLE PRICING RATIO EURODOLLAR MARGIN APPLICABLE COMMITMENT RATE MARGIN (PER ANNUM) L/C MARGIN (PER ANNUM) (PER ANNUM) (PER ANNUM) --------------------------------------------------------------------------------------------------------------------- Less than 2.50:1 2.00% 0.00% 2.00% 0.50% --------------------------------------------------------------------------------------------------------------------- -13- --------------------------------------------------------------------------------------------------------------------- Greater than or equal to 2.50:1 2.25% 0.25% 2.25% 0.50% but less than 3.00:1 --------------------------------------------------------------------------------------------------------------------- Greater than or equal to 3.00:1 2.75% 0.50% 2.75% 0.50% --------------------------------------------------------------------------------------------------------------------- Initial Pricing 2.75% 0.50% 2.75% 0.50% --------------------------------------------------------------------------------------------------------------------- Any change in the applicable margin shall become effective on the first day after receipt by the Banks of financial statements delivered pursuant to Section 6.4(a) or (b) which indicate a change in the Pricing Ratio or, with respect to the Eurodollar Applicable Margin, on the first day of each Interest Period which begins three (3) or more days after receipt of such financial statements. If at any time such financial statements are not delivered within the time periods specified in Section 6.4(a) or (b), the applicable margin shall be the highest rate set forth in the respective column of the Pricing Table, subject to adjustment upon actual receipt of such financial statements. The initial pricing set forth in the table above shall be effective until the Borrowers deliver to the Agent a calculation of the Pricing Ratio for the fiscal quarter ending December 31, 1997.
Pricing Table. APPLICABLE SENIOR PUBLIC APPLICABLE APPLICABLE EURODOLLAR LEVEL DEBT RATING FACILITY RATE L/C RATE RATE -------------------------------------------------------------------------------------------------------------- 1 (Greater than or equal to BBB by 0.2500% 1.0000% Eurodollar Rate Standard & Poor's and greater than per annum per annum plus 1.0000% or equal to Ba2 by Moody's) or per annum (greater than or equal to BBB- by Standard & Poor's and greater than or equal to Ba1 by Moody's) -------------------------------------------------------------------------------------------------------------- 2 BBB- by Standard & Poor's and Ba2 by 0.3000% 1.2000% Eurodollar Rate Moody's per annum per annum plus 1.2000% per annum -------------------------------------------------------------------------------------------------------------- 3 (BB+ by Standard & Poor's and Ba1 or 0.3750% 1.3750% Eurodollar Rate Ba2 by Moody's) or (BB by Standard & per annum per annum plus 1.3750% Poor's and Ba1 by Moody's) per annum -------------------------------------------------------------------------------------------------------------- 4 BB by Standard & Poor's and Ba2 by 0.4000% 1.6000% Eurodollar Rate Moody's per annum per annum plus 1.6000% per annum -------------------------------------------------------------------------------------------------------------- 5 (Less than BB by Standard & Poor's 0.5000% 1.7500% Eurodollar Rate or Ba2 by Moody's) or (Unrated by per annum per annum plus 1.7500% Standard & Poor's and Moody's) per annum -------------------------------------------------------------------------------------------------------------- The applicable rates charged for any day shall be determined by the Senior Public Debt Rating in effect as of that day.
Pricing Table. Ratio of Senior Debt to EBITDA Domestic Margin for Revolving Credit Loans Domestic Margin for Term Loans
Pricing Table. Ratio of Senior Debt to EBITDA Eurodollar Margin for Revolving Credit Loans Eurodollar Margin for Term Loans
Pricing Table. APPLICABLE APPLICABLE APPLICABLE APPLICABLE APPLICABLE LEVEL PRICING RATIO REVOLVER REVOLVER COMMITMENT EURODOLLAR BASE RATE EURODOLLAR BASE RATE RATE TERM LOAN TERM MARGIN MARGIN MARGIN (PER ANNUM) MARGIN (PER ANNUM) (PER ANNUM) (PER ANNUM) (PER ANNUM) ---------- ------------------------ --------------- ------------ -------------- -------------- -------------- 1 Less than 2.50x 1.75% 0.50% 0.375% 3.25% 2.00% ---------- ------------------------ --------------- ------------ -------------- -------------- -------------- 2 Greater than or equal 2.00% 0.75% 0.375% 3.25% 2.00% to 2.50:1 but less than 3.00:1 ---------- ------------------------ --------------- ------------ -------------- -------------- -------------- 3 Greater than or equal 2.25% 1.00% 0.375% 3.50% 2.25% to 3.00:1 but less than 3.50:1 ---------- ------------------------ --------------- ------------ -------------- -------------- -------------- 4 Greater than or equal 2.50% 1.25% 0.500% 3.50% 2.25% to 3.50:1 but less than 4.00:1 ---------- ------------------------ --------------- ------------ -------------- -------------- -------------- 5 Greater than or equal 2.75% 1.50% 0.500% 3.50% 2.25% to 4.00:1 ---------- ------------------------ --------------- ------------ -------------- -------------- -------------- For each period commencing on an Adjustment Date through the date immediately preceding the next Adjustment Date (each a "Rate Adjustment Period"), the applicable margin shall be the margin set forth above with respect to the Pricing Ratio, determined for the period ending on the fiscal quarter-end immediately preceding the applicable Rate Adjustment Period. Notwithstanding the foregoing, (a) if the Borrowers fail to deliver any Compliance Certificate in accordance with ss.7.4(c) hereof, then, for the period commencing on the next Adjustment Date to occur subsequent to such failure through the date immediately following the date on which such Compliance Certificate is delivered, the applicable margin shall be the highest rate set forth above, subject to adjustment prospectively upon actual receipt of such Compliance Certificate, and (b) the pricing during the period from the Closing Date until receipt of the Compliance Certificate for the fiscal year ended December 31, 2000 shall be Levex 0 xx the Pricing Table. PRIOR CREDIT AGREEMENT. See Preamble. RATE ADJUSTMENT PERIOD. See the definition of Pricing Table. RCRA. See definition of Release.
Pricing Table. Role/Ref Day rate Max billable days Start date End date Total Total Associates charges (excluding VAT) £ SoW Contingency (10% of Total Associate charges) £ TOTAL SoW CHARGES (including Contingency /excluding VAT) £
Pricing Table. <<<< Final commercial proposal to be inserted here >>>>>
Pricing Table. =============================================================================== Total Leverage Ratio LIBOR Margin ------------------------------------------------------------------------------- greater than or equal to 2.50:1 1.750% ------------------------------------------------------------------------------- greater than or equal to 2.00:1 but less than 2.50:1 1.500% ------------------------------------------------------------------------------- less than 2.00:1 1.250% ===============================================================================
Pricing Table. ADJUSTED TOTAL BASE RATE MARGIN LIBOR MARGIN DEBT TO EBIDAT RATIO ------------------------------------------------------------------------------- Revolving Revolving Loans Loans ------------------------------------------------------------------------------- Greater than 4.75x 1.00% 2.75% ------------------------------------------------------------------------------- Greater than 4.50 but less than or equal to 0.75% 2.50% 4.75x ------------------------------------------------------------------------------- Greater than 4.00 but less than or equal to 0.50% 2.25% 4.50x ------------------------------------------------------------------------------- Greater than 3.50 but less than or equal to 0.25% 2.00% 4.00x ------------------------------------------------------------------------------- Equal to or less than 3.50x 0.00% 1.75% ------------------------------------------------------------------------------- If Borrower shall fail to deliver a Compliance Certificate by the date required pursuant to subsection 5.1(C), effective as of the first Business Day of the immediately succeeding calendar month and continuing through the day preceding the next succeeding Adjustment Date, each applicable Base Rate Margin and each applicable LIBOR Rate Margin shall be conclusively presumed to equal the highest applicable Base Rate Margin and the highest applicable LIBOR Margin specified in the pricing table set forth above.
Pricing Table. ADJUSTED TOTAL INDEBTEDNESS TO OPERATING CASH FLOW RATIO BASE RATE MARGIN LIBOR MARGIN -------------------------------------------------------------------------------- Greater than 4.50:1 1.00% 3.00% -------------------------------------------------------------------------------- Equal to or greater than 3.75:1 but equal 0.75% 2.75% to or less than 4.50:1 -------------------------------------------------------------------------------- Equal to or greater than 3.00:1 but less 0.50% 2.50% than 3.75:1 -------------------------------------------------------------------------------- Less than 3.00:1 0.25% 2.25% -------------------------------------------------------------------------------- With respect to clause (i)(c) of the definition of "Adjusted Total Indebtedness to Operating Cash Flow Ratio", Adjusted Total Indebtedness shall include all other Indebtedness for borrowed money of Holdings and its Subsidiaries on a consolidated basis.
