Revolving Loans and Term Loan A. The Applicable Margin shall be determined by the Administrative Agent with respect to any Advance under the Revolving Loan Commitment or Term Loan A Commitment based upon the Leverage Ratio as of the end of the fiscal quarter most recently ended, effective as of the third (3rd) Business Day after the financial statements referred to in Section 6.1 or 6.2 hereof, as the case may be, are furnished to the Administrative Agent for such fiscal quarter, as follows: Applicable Margin for Applicable Margin for Leverage Ratio Base Rate Advances LIBOR Advances -------------- ----------------- -------------- Greater than 7.0:1.0. 1.750% 3.000% Greater than 6.50:1.0, but less than or equal 1.500% 2.750% to 7.0:1.0. Greater than 6.00:1.0, but less than or equal 1.125% 2.375% to 6.50:1.0. Greater than 5.50:1.0, but less than or equal 0.750% 2.000% to 6.00:1.0. Greater than 5.00:1.0, but less than or equal 0.500% 1.750% to 5.50:1.0. Greater than 4.50:1.0, but less than or equal 0.250% 1.500% to 5.00:1.0. Less than or equal to 4.50:1.0. 0.000% 1.250%
Revolving Loans and Term Loan A
