S SPECIAL COUNSEL. Xxxxxxx Xxxx LLP or such other counsel as may be approved by the Administrative Agent.
S SPECIAL COUNSEL. Bingxxx, Xxxx & Xoulx XXX or such other counsel as may be approved by the Agent. APPLICABLE MARGIN. 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 applicable margin set forth below with respect to the Borrower's Leverage Ratio, as determined for the fiscal period of the Borrower and its Subsidiaries ending immediately prior to the applicable Rate Adjustment Period. --------------------------------------------------------------------------------------------- Base Rate Eurodollar Commitment Fee Letter of Loans Rate Loans Rate Credit Fee Tier Leverage Ratio (basis pts) (basis pts) (basis pts) (basis pts) --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- 1 Less than 1.25:1.00 0 37.50 17.50 37.50 --------------------------------------------------------------------------------------------- 2 Less than 1.75:1.00 0 50.00 20.00 50.00 but greater than or equal to 1.25:1.00 --------------------------------------------------------------------------------------------- 3 Less than 2.25:1.00 0 62.50 25.00 62.50 but greater than or equal to 1.75:1.00 --------------------------------------------------------------------------------------------- 4 Equal to or greater 0 87.50 30.00 87.50 than 2.25:1.00 --------------------------------------------------------------------------------------------- Notwithstanding the foregoing, (a) for Revolving Credit Loans outstanding, the Letter of Credit Fees and the commitment fee payable during the period commencing on the Closing Date through the date immediately preceding the first Adjustment Date to occur after the fiscal quarter ending March 31, 1997, the Applicable Margin shall be a Tier 1, (b) in the event the Borrower or any of its Subsidiaries consummates a Permitted Acquisition, on the date such Permitted Acquisition is consummated the Borrower shall deliver to the Agent a pro forma Compliance Certificate setting forth its Leverage Ratio on a Pro Forma Basis immediately after giving effect to such Permitted Acquisition and for Revolving Credit Loans outstanding, the Term Loan outstanding, the Letter of Credit Fees and the commitment fee payable during the period commencing on the date such Permitted Acquisition was consummated through the date immediately preced...
S SPECIAL COUNSEL. Xxxxxxxxx Xxxx & Xxxx LLP, or such other counsel as may be approved by the Agent.
S SPECIAL COUNSEL. Bingxxx Xxxx XXX or such other counsel as may be approved by the Agent. APPLICABLE BASE RATE MARGIN. See ss. 2.5. APPLICABLE COMMITMENT FEE RATE. The commitment fee rate determined pursuant to ss. 2.5. APPLICABLE EURODOLLAR RATE MARGIN. See ss. 2.5.
S SPECIAL COUNSEL. Xxxxxxx Xxxx LLP or such other counsel as may be approved by the Agent. APPLICABLE MARGIN. 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 applicable margin or rate (in each case per annum) set forth below with respect to the Fixed Charge Coverage Ratio, as determined as of the end of and for the period of four consecutive fiscal quarters of the Borrower ending immediately prior to the applicable Rate Adjustment Period and pertaining to such Adjustment Date, PROVIDED, HOWEVER, that for a period of six (6) months commencing on the Closing Date, the Applicable Margin shall be set at no less than as set forth opposite Level II below: ---------------------------------------------------------------------------------------------------------- APPLICABLE APPLICABLE STANDBY APPLICABLE FIXED CHARGE EURODOLLAR LETTER OF CREDIT DOCUMENTARY LETTER LEVEL COVERAGE RATIO MARGIN RATE FEE OF CREDIT FEE FACILITY FEE ---------------------------------------------------------------------------------------------------------- I less than or 1.15% 1.15% 0.575% 0.35% equal to1.15 to 1.00 ---------------------------------------------------------------------------------------------------------- II greater than 1.15 0.95% 0.95% 0.475% 0.30% to 1.00 but less than or equal to 1.50 to 1.00 ---------------------------------------------------------------------------------------------------------- III greater than 1.50 0.75% 0.75% 0.375% 0.25% to 1.00 but less than or equal to 1.85 to 1.00 ---------------------------------------------------------------------------------------------------------- IV greater than 1.85 0.55% 0.55% 0.25% 0.20% to 1.00 ----------------------------------------------------------------------------------------------------------
S SPECIAL COUNSEL. Xxxxxxx Xxxx LLP of Boston, Massachusetts, or such other counsel as may be approved by the Administrative Agent.
S SPECIAL COUNSEL. Xxxxxxx Xxxx LLP or such other counsel as may be approved by the Agent. APPLICABLE MARGIN. 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 applicable margin or rate (in each case per annum) set forth below with respect to the Fixed Charge Coverage Ratio, as determined as of the end of and for the period of four consecutive fiscal quarters of the Borrower ending immediately prior to the applicable Rate Adjustment Period and pertaining to such Adjustment Date: @@ APPLICABLE EURODOLLAR APPLICABLE RATE MARGIN AND DOCUMENTARY FIXED CHARGE STANDBY LETTER OF LETTER OF CREDIT APPLICABLE LEVEL COVERAGE RATIO CREDIT FEE FEE FACILITY FEE I less than or equal to 1.70 to 1.00 0.95% 0.25% 0.30% II greater than 1.70 to 1.00 but less than or equal to 1.85 to 1.00 0.75% 0.25% 0.25% III greater than 1.85 to 1.00 but less than 2.25 to 1.00 0.55% 0.20% 0.20% IV greater than or equal to 2.25 to 1.00 0.425% 0.20% 0.20% @@ ARRANGER. BancBoston Securities Inc., in its capacity as exclusive syndication agent and arranger for the credit facilities provided hereunder. ASSIGNMENT AND ACCEPTANCE. See Section 19.1.
S SPECIAL COUNSEL. Greenberg Traurig, LLP, or such other counsel as may be approved by xxx Xxxxnxxxxxxxve Agent.
S SPECIAL COUNSEL. Bingham Dana LLP or such other counsel as may be apprxxxx xx xxx Administrative Agent. APPLICABLE L/C RATE. With respect to each Letter of Credit on any date, the applicable letter of credit rate as set forth in the Pricing Table based upon the Status on such date.
S SPECIAL COUNSEL. Xxxxxxx Xxxx LLP or such other -------------------------------------- local, foreign or special counsel to the Administrative Agent as may be approved by the Administrative Agent.
