Applicable Basis Points definition

Applicable Basis Points is defined in Section 2.9(b).
Applicable Basis Points means (i) with respect to the 2030 Notes, 15 basis points, (ii) with respect to the 2034 Notes, 20 basis points and (iii) with respect to the 2054 Notes, 25 basis points.
Applicable Basis Points means 20 basis points.

Examples of Applicable Basis Points in a sentence

  • The Applicable Basis Points shall be adjusted as follows based upon the Borrower's Consolidated Debt to EBITDA Ratio, as calculated on a rolling four quarter basis.

  • The Applicable Basis Points shall be determined based upon the financial statements of the Borrower and its Consolidated Subsidiaries submitted to the Banks by Borrower as of the end of each fiscal quarter of the Borrower in accordance with Section 5.01(b) of this Agreement.

  • Although further floodlighting to the pitches is mentioned in the information supplied with the application form, no details have been given for the proposed lighting units (columns, luminaries etc) to be used on the site.

  • Borrower agrees that upon the issuance of a Letter of Credit, the Borrower shall pay to the Agent, for the account of the Banks, a commission per annum equal to the Applicable Basis Points then applicable to the Euro-Rate Portion of the Loans less one-half of one percent (0.50%) per annum based upon the amount of the Letter of Credit outstanding.

  • Such letter of credit commission shall change effective with each change in the Applicable Basis Points which are applicable to the Euro-Rate Portion of the Loans.

  • Applicable Basis Points are calculated based on PJAX’s earnings before interest, taxes, depreciation and amortization and range from nil to 50 basis points for the Prime Rate Option and range from 150 to 225 basis points for the Euro-Rate Option (175 to 250 basis points for the Euro-Rate Option on the term loan).

  • Applicable Basis Points are calculated based on PJAX earnings before interest, taxes, depreciation, and amortization and range from 0 to 50 basis points for the Prime Rate Option and range from 150 to 225 basis points for the Euro-Rate Option (175 to 250 basis points for the Euro-Rate Option on the term loan).


More Definitions of Applicable Basis Points

Applicable Basis Points means 15 basis points.
Applicable Basis Points means 36.5 basis points.
Applicable Basis Points means 58.0 basis points.
Applicable Basis Points means 51.5 basis points.
Applicable Basis Points means 45.5 basis points.
Applicable Basis Points means the basis points added to the Prime Rate with respect to the Prime Rate Option or the basis points added to the Euro-Rate with respect to the Euro-Rate Option, as the case may be, as determined by reference to the chart of Applicable Basis Points set forth in Section 2.03(a) of this Agreement.

Related to Applicable Basis Points

  • Applicable Base Rate means (i) with respect to a Rate Period of fewer than 49 days, the greater of (a) the SIFMA Municipal Swap Index or (b) the LIBOR Rate, and (ii) with respect to a Rate Period of 49 or more days, the LIBOR Rate.

  • Applicable Base Rate Margin means, on any day, a rate per annum equal to the higher of (a) the Applicable Eurocurrency Margin for such day minus 1.00% and (b) 0.00%.

  • Fee Basis Amount As of any date of determination, the sum of (a) the Collateral Principal Amount, (b) the Aggregate Principal Balance of all Defaulted Obligations and (c) the aggregate amount of all Principal Financed Accrued Interest.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Applicable Margin means:

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • U.S. Base Rate means, on any day, the annual rate of interest equal to the greater of (a) the annual rate of interest announced by a commercial Canadian bank selected by the Lender and in effect as its base rate at its principal office in Toronto, Ontario on such day for determining interest rates on Dollar demand commercial loans in Canada, and (b) the sum of the Federal Funds (Effective) Rate plus 0.50% per annum.

  • Federal Funds Open Rate means the rate set forth on Moneyline Telerate (or any successor service) on page 5 (or any other page as may replace the specified page on that service) for an Interest Determination Date underneath the caption “FEDERAL FUNDS” in the row titled “OPEN”. If the rate is not available for an Interest Determination Date, the rate for that Interest Determination Date shall be the Federal Funds Rate as determined below.