the Applicable Margin Sample Clauses
The Applicable Margin clause defines the additional interest rate percentage that is added to a base rate to determine the total interest payable on a loan. This margin is typically specified in the loan agreement and may vary depending on factors such as the borrower's credit rating, financial covenants, or the type of loan facility. By clearly stating how the margin is calculated and applied, this clause ensures transparency in interest costs and helps both parties understand the financial terms of the loan, thereby reducing the risk of disputes over payment obligations.
the Applicable Margin. The Eurodollar Basis shall apply to Interest Periods of one (1), two (2), three (3), six (6), and twelve
the Applicable Margin. The LIBOR Basis shall apply to Interest Periods of one (1), two (2), three (3), or six (6) months, and, once determined, shall remain unchanged during the applicable Interest Period, except for changes to reflect adjustments in the Eurodollar Reserve Percentage and the Applicable Margin as adjusted pursuant to Section 2.3(f) hereof. The LIBOR Basis for any LIBOR Advance shall be adjusted as of the effective date of any change in the Eurodollar Reserve Percentage.
the Applicable Margin. The Administrative Agent shall notify the Borrower of each such determination as promptly as practicable.
the Applicable Margin. The LIBOR Basis shall apply to Interest Periods of one (1), two (2), three (3), six (6), nine (9) and, subject to availability as determined by the Administrative Agent, twelve
the Applicable Margin. The Eurodollar Basis shall apply to Interest Periods of one (1), two (2), three (3), and six (6) months, and, once determined, shall remain unchanged during the applicable Interest Period, except for changes to reflect adjustments in the Eurodollar Reserve Percentage and the Applicable Margin pursuant to Section 2.3(f) hereof.
the Applicable Margin. The Eurodollar Basis shall apply to Interest Periods of one (1), two (2), three (3), six (6), and, subject to availability, twelve (12) months, and, once determined, shall remain unchanged during the applicable Interest Period, except for changes to reflect adjustments in the Eurodollar Reserve Percentage and the Applicable Margin pursuant to Section 2.3(g) hereof. The Borrower may elect an Interest Period of twelve (12) months for a Eurodollar Advance unless the Administrative Agent has been notified by at least one Lender that (i) such Lender does not have available to it funds for its portion of the proposed Advance which are not required for other purposes, or (ii) such funds are not available to such Lender at a rate at or below the Eurodollar Rate for such proposed Advance and Interest Period.
the Applicable Margin. For purposes of determining the Applicable Rate in connection with calculating any Discount, LIBOR shall be determined using the Applicable LIBOR Term. For purposes of determining the Applicable Rate for section 5.1 of the Agreement, LIBOR shall be determined using an Applicable LIBOR Term of one (1) month.
the Applicable Margin. The Agent's reference rate is a rate set by the Agent based upon various factors including the Agent's costs and desired return, general economic conditions, and other factors, and is used as a reference point for pricing some loans; however, the Agent may price loans at, above or below such rate. Any change in such rate shall take effect on the day specified in the public announcement of such change.
the Applicable Margin the Mandatory Cost Rate in respect thereof at such time; and
the Applicable Margin. The obligation of the Borrowers to pay any Commitment Fees that remain unpaid shall survive the termination of this Agreement.