Adjusted Applicable Margin definition

Adjusted Applicable Margin means the stated Applicable Margin for Advances set forth on the Transaction Schedule plus 2% per annum.
Adjusted Applicable Margin means the stated Applicable Margin for Advances set forth on the Transaction Schedule plus 3.00% per annum.
Adjusted Applicable Margin means, at any time of determination, the Applicable Margin in effect at such time as reduced or increased by the aggregate Sustainability Margin Adjustments in effect at such time (as applicable), in accordance with Section 2.14.

Examples of Adjusted Applicable Margin in a sentence

  • Notwithstanding the foregoing, if any principal of or interest on any Advance is not paid when due, whether at stated maturity, upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per annum equal to the applicable Benchmark plus the Adjusted Applicable Margin.

  • The Loans and all other Obligations shall bear interest from the date such Loans are made or such other Obligations become due to the date paid at a rate per annum equal to (i) in the case of Base Rate Loans and Obligations for which no interest rate basis is specified, the Base Rate plus the Adjusted Applicable Margin and (ii) in the case of SOFR Loans, Adjusted Term SOFR plus the Adjusted Applicable Margin (collectively the “Interest Rate”).

  • Notwithstanding the foregoing, if any principal of or ​ ​ ​ interest on any Advance is not paid when due, whether at stated maturity, upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per annum equal to the applicable Benchmark plus the Adjusted Applicable Margin.

  • If on any Annual Adjustment Date the Adjusted Applicable Margin is greater than the Applicable Margin determined in connection with the most recent Interest Adjustment Date, then, within five (5) Business Days of such Annual Adjustment Date, the Borrower shall pay to the Administrative Agent for the account of the Lenders, an amount equal to the Make Whole Amount.

  • Notwithstanding the foregoing, if any principal of or interest on any Advance is not paid when due, whether at stated maturity, upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per annum equal to 2% plus the rate otherwise applicable to the Advances as provided in the preceding sentencethe applicable Benchmark plus the Adjusted Applicable Margin.


More Definitions of Adjusted Applicable Margin

Adjusted Applicable Margin means the stated Applicable Margin for Advances set forth on the Transaction Schedule plus 2.0% per annum.
Adjusted Applicable Margin means, [**].
Adjusted Applicable Margin means the stated Applicable Margin for Advances setforth on the Transaction Schedule plus 2% per annum. Effective Rate in effect on such day plus 0.50% and (ii) with respect to CAD denominated Advances shallbe the Canadian Prime Rate. Any change in the Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the Canadian Prime Rate, as applicable, shall be effective from and including the effective date of such change in the applicable rate. In the event that any applicable Base Rate is below zero percent at any time during the term of this Agreement, it shall be deemed to be zero percent until it exceeds zero percent again.
Adjusted Applicable Margin means the stated Applicable Margin for Advances set forth on the Transaction Schedule plus 2% per annum. “Administrative Agent” has the meaning set forth in the introductory section of this Agreement.
Adjusted Applicable Margin means the stated Applicable Margin for Advances set forth on the Transaction Schedule plus 2% per annum. "Administrative Agent" has the meaning set forth in the introductory section of this Agreement. "Advances" has the meaning set forth in the introductory section of this Agreement.
Adjusted Applicable Margin means the stated Applicable Margin for Advances set forth on the Transaction Schedule plus 2% per annum. "Adverse Proceeding" means any action, suit, proceeding (whether administrative, judicial or otherwise), governmental investigation or
Adjusted Applicable Margin means the Applicable Margin with respect to an Incremental Term Loan plus to the extent such Incremental Term Loan is issued at less than par, an amount (expressed as a percentage) equal to the quotient of ((x) 100% minus (y) the issue price (expressed as a percentage) of such Incremental Term Loan) divided by the lesser of three and the number of years until such Incremental Term Loan matures.