Alternate Base Rate Margin definition

Alternate Base Rate Margin means a rate per annum determined in accordance with the Pricing Schedule.
Alternate Base Rate Margin means, for any day, the rate set forth below, in basis points per annum, in the row opposite such term and in the column corresponding to the Pricing Level that applies for such day: Pricing Level Level I Level II Level III Level IV Level V Ticking Fee Rate 10.0 12.5 15.0 20.0 25.0 Eurodollar Margin 100.0 112.5 125.0 150.0 162.5 Alternate Base Rate Margin 0.0 12.5 25.0 50.0 62.5 For purposes of this Schedule, the following terms have the following meanings:
Alternate Base Rate Margin for any date shall be zero unless the Margin Percentage with respect to the Eurodollar Rate for such date exceeds 1.00%; and if the Margin Percentage with respect to the Eurodollar Rate for such date exceeds 1.00%, the Alternate Base Rate Margin for such date will be the Margin Percentage with respect to the Eurodollar Rate for such date less 1.00%.

Examples of Alternate Base Rate Margin in a sentence

  • Except as otherwise provided in Section 3.7, the unpaid principal amount of any Alternate Base Rate Advance shall bear interest at a fluctuating rate per annum equal to the Alternate Base Rate plus the Applicable Alternate Base Rate Margin.

  • Except as otherwise provided in Sections 3.1(d) and 3.8, the unpaid principal amount of any Alternate Base Rate Loan shall bear interest at a fluctuating rate per annum equal to the Alternate Base Rate plus the Applicable Alternate Base Rate Margin.

  • The unpaid principal of the Alternate Base Rate Loans shall bear interest prior to maturity at a rate per annum equal to the sum of (i) the Alternate Base Rate in effect from time to time plus (ii) the Alternate Base Rate Margin in effect from time to time, payable on each Payment Date and at maturity.

  • Interest shall accrue on each Base Rate Loan at an annual rate equal to the Alternate Base Rate plus the Applicable Base Rate Margin, said rate to change contemporaneously with any change in the Alternate Base Rate or the Alternate Base Rate Margin.

  • Dogs are not allowed except as service or support animals in any community.


More Definitions of Alternate Base Rate Margin

Alternate Base Rate Margin has the meaning specified in subsection 2.2A.
Alternate Base Rate Margin means that percentage located in the column captioned “Applicable Margin for ABR Loans” within the definition ofApplicable Rate” below.
Alternate Base Rate Margin means, for any day, the rate per annum identified as the Alternate Base Rate Margin in the table contained in the definition of the termApplicable Margin” corresponding to the applicable Level on such day.
Alternate Base Rate Margin means, for any day, (a) with respect to any ABR Borrowing made (i) pursuant to Section 2.01(a) (and any conversion of a Borrowing made pursuant to Section 2.01(a) to an ABR Borrowing) or (ii) in respect of an LC Disbursement for any Letter of Credit (other than a Roll-Up Letter of Credit) and any continuation thereof, 4.50% per annum and (b) with respect to any ABR Borrowing deemed made (i) pursuant to Section 2.01(b) (and any conversion of a Borrowing deemed made pursuant to Section 2.01(b) to an ABR Borrowing) or(ii) in respect of an LC Disbursement for any Roll-Up Letter of Credit (and any continuation thereof), 3.25% per annum.
Alternate Base Rate Margin means, at any time, the greater of (i) 0.00% and (ii) the then-applicable SOFR Index Adjustment minus 1.00%.
Alternate Base Rate Margin means, for any day, (a) with respect to any ABR Borrowing made (i) pursuant to Section 2.01(a) (and any conversion of a Borrowing made pursuant to Section 2.01(a) to an ABR Borrowing) or (ii) in respect of an LC Disbursement for any Letter of Credit (other than a Roll-Up Letter of Credit) and any continuation thereof, 4.50% per annum and (b) with respect to any ABR Borrowing deemed made (i) pursuant to Section 2.01(b) (and any conversion of a Borrowing deemed made pursuant to Section 2.01(b) to an ABR Borrowing) or (ii) in respect of an LC Disbursement for any Roll-Up Letter of Credit (and any continuation thereof), 3.25% per annum.
Alternate Base Rate Margin means a rate per annum determined in accordance with the Pricing Schedule. “ Amendment Effective Date ” is defined in Section 5.01.