Applicable Eurocurrency Rate Margin definition

Applicable Eurocurrency Rate Margin means, as at any date of determination, the rate per annum then applicable to Eurocurrency Rate Loans determined in accordance with the provisions of Section 2.13(d).

Applicable Eurocurrency Rate Margin has the meaning specified in the Lender Fee Letter.

Applicable Eurocurrency Rate Margin means, subject to Section 2.06(c), for any period (a) if, as at the end of the preceding fiscal quarter, the Leverage Ratio is less than 0.5:1.0, fifty (50) basis points; (b) if, as at the end of the preceding fiscal quarter, the Leverage Ratio is equal to or greater than 0.5:1.0, but less than 0.75:1.0, seventy-five (75) basis points; (c) if, as at the end of the preceding fiscal quarter, the Leverage Ratio is equal to or greater than 0.75:1.0 but less than 1.0:1.0, one hundred (100) basis points; (d) if, as at the end of the preceding fiscal quarter, the Leverage Ratio is equal to or greater than 1.0:1.0 but less than 1.25:1.1, one hundred twenty-five (125) basis points; (e) if, as at the end of the preceding fiscal quarter, the Leverage Ratio is equal to or greater than 1.25:1.0 but less than 1.50:1.0, one hundred fifty (150) basis points; if, as at the end of the preceding fiscal quarter, the Leverage Ratio is 1.50:1.0 or greater, three hundred (300) -2- 9 basis points. Adjustments in the Applicable Eurocurrency Rate Margin shall be effective as of the 10th Business Day following receipt by the Agent of the Borrower's annual or quarterly financial statements, as applicable."

Examples of Applicable Eurocurrency Rate Margin in a sentence

• Each Eurocurrency Rate Advance shall bear interest from and including the first day of each Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate applicable to such Eurocurrency Rate Advance and Interest Period plus the Applicable Eurocurrency Rate Margin in effect from time to time.

• Notwithstanding the foregoing and the Applicable Ratings Category on the Closing Date, prior to the delivery of the financial statements for the fiscal year of the Company ending January 2, 2015, the Applicable ABR Margin, Applicable Eurocurrency Rate Margin and Applicable Commitment Fee Percentage shall be determined by reference to Category 3.

• Notwithstanding the foregoing, for so long as any Default shall have occurred and be continuing, the Applicable ABR Margin, Applicable Eurocurrency Rate Margin and Applicable Commitment Fee Percentage shall be determined by reference to Category 5 of the table set forth in clause (ii) or (iii) above, as applicable.

• In addition, within 50 days after the end of May 31, 1999, the Company shall deliver a Compliance Certificate signed by the Company's chief financial officer, treasurer or controller and setting forth calculations for the twelve-month period then ended for the Leverage Ratio (for purposes of determining the Applicable Base Rate Margin, the Applicable Eurocurrency Rate Margin and the Unused Commitment Fee Rate).

• Investigating Officer An appropriate person appointed bythe Monitoring Officer to conduct an investigation into an allegation.

More Definitions of Applicable Eurocurrency Rate Margin

Applicable Eurocurrency Rate Margin as used herein shall mean 1.0%. Agent shall deliver to the Borrower, a certificate as to any amounts payable pursuant to this subparagraph, explaining in reasonable detail the computation thereof, which certificate shall effect a rebuttable presumption as to the accuracy thereof.

Applicable Eurocurrency Rate Margin means the percentage rate per annum which is the applicable increase over the Eurocurrency Reference Rate for purposes of calculating the Eurocurrency Comparable Rate as set forth in the Pricing Schedule.

Applicable Eurocurrency Rate Margin means:

Applicable Eurocurrency Rate Margin and the "Applicable Fee Rate,") shall all refer to and be determined in accordance with the replacement Pricing Schedule attached as Exhibit C.

Applicable Eurocurrency Rate Margin means at any date, with respect to each Eurocurrency Rate Loan, (a) 3.50% per annum with respect to Senior Cash Pay Loans and (b) 3.875% per annum with respect to Senior Toggle Loans. If the Loans have not been repaid in full within the six-month period following the Closing Date, the Applicable Eurocurrency Rate Margin will increase by 0.50% per annum at the end of such six-month period and shall increase by an additional 0.50% per annum at the end of each three-month period thereafter until the Rollover Date. At the Rollover Date, the Applicable Eurocurrency Rate Margin will increase by 0.50% per annum and shall increase by an additional 0.50% per annum at the end of each three-month period thereafter until the applicable Maturity Date. Notwithstanding the foregoing, the Applicable Eurocurrency Rate Margin shall be capped such that the applicable interest rate, (i) in the case of Senior Cash Pay Loans, shall not exceed 10.0% at any time and (ii) in the case of Senior Toggle Loans, excluding the effect of the PIK Margin, shall not exceed 10.375% at any time.

Applicable Eurocurrency Rate Margin means, as at any date of determination with respect to any Class of Loans, the rate per annum then applicable to Eurocurrency Rate Loans of such Class determined in accordance with the provisions of Section 2.15(d)(ii) or 2.15(d)(iii), as applicable, plus (in the case of a Eurocurrency Rate Loan of any Lender which is lent from a Lending Installation in the United Kingdom or a participating member state) the Mandatory Cost Rate (if any).

Applicable Eurocurrency Rate Margin set forth in Section 1.01 of the Credit Agreement is deleted in its entirety and the following new definition is inserted in lieu thereof: