Applicable Index Margin definition

Applicable Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).
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Applicable Index Margin means the per annum interest rate from time to time in effect and payable in addition to the Index Rate applicable to the Loan, as determined by reference to the definition of "Applicable Margin".
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Applicable Index Margin means 3.25% per annum.
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Examples of Applicable Index Margin in a sentence

  • The Applicable Index Margin is subtracted from the Index Rate in the case of Floating Rate Loans, and the Applicable LIBOR Margin is added to the LIBOR Rate in the case of LIBOR Loans.

  • The Applicable Index Margin for Floating Rate Loans shall be 50 basis points (.50%) at all times.

  • The Applicable Swing Line Margin, Applicable Index Margin, Applicable LIBOR Margin and Applicable L/C Margin will be 2.75%, 1.50%, 2.75% and 2.25%, respectively and shall not be subject to adjustment.

  • Except as otherwise provided in Section 2.6(c) and Section 2.9, the Borrower shall pay interest (i) in the case of the Loan, at the Index Rate plus the Applicable Index Margin per annum or, at the election of the Borrower, the applicable LIBOR Rate plus the Applicable LIBOR Margin per annum and (ii) in the case of all other Obligations that are due and payable, at the Index Rate plus the Applicable Index Margin per annum.

  • As of the Closing Date, the Applicable LIBOR Margin (such margin will be referred to as the “Base LIBOR Margin”) shall be 5.50% and the Applicable Index Margin (such margin will be referred to as the “Base Index Margin”) shall be 3.50%.

  • The Applicable Margins with respect to Loans, whether incurred on or after the date hereof, are as follows: Applicable Index Margin (b) If any payment on any Loan becomes due and payable on a day other than a Business Day, the maturity thereof will be extended to the next succeeding Business Day (except as set forth in the definition of LIBOR Period) and, with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension.

  • If an Event of Default has occurred and is continuing at the time any reduction in the Applicable LIBOR Margin and/or Applicable Index Margin is to be implemented, that reduction shall be deferred until the first day of the first calendar month following the date on which such Event of Default is waived or cured.

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  • Section 1.6 of the Credit Agreement is restated to read in its entirety as follows: The Applicable Swing Line Margin, Applicable Index Margin, Applicable LIBOR Margin and Applicable L/C Margin will be 2.75%, 1.50%, 2.75% and 2.25%, respectively, effective as of the date of the First Amendment and Waiver with Respect to Credit Agreement and shall not be subject to adjustment.

  • The Applicable Index Margin, Applicable LIBOR Margin, Applicable L/C Margin and Applicable Unused Line Fee Margin will be 0.75%, 2.25%, 2.25% and 0.50% per annum, respectively, as of the Closing Date.


More Definitions of Applicable Index Margin

Applicable Index Margin means a per annum rate of interest payable in addition to the Index Rate on Index Rate Loans, determined by reference to SECTION 1.
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Applicable Index Margin means the applicable Index Margin calculated in accordance with the table set forth in Schedule I to this Agreement.
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Applicable Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loans, as determined by reference to SECTION 1.4(A) of the Agreement.
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Applicable Index Margin means fifty basis points (.50%).
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Applicable Index Margin means 1.25% per annum.
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Applicable Index Margin means 1.75% per annum.
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Related to Applicable Index Margin

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5

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

  • Applicable Commitment Fee Rate means the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Applicable LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to the sum of (a) the EURIBO Rate for such Interest Period and (b) the Mandatory Costs Rate.

  • Retail margin means an amount, reflecting differences in

  • Applicable Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.835 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.940 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.045 % 1.045 % BBB by Standard & Poor’s Baa2 by Moody’s 0.150 % 1.150 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.250 % 1.250 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.250% as to any Base Rate Advance and 1.250% as to any LIBO Rate Advance.

  • 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%.

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period:

  • Applicable ABR Margin means, at any date:

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Applicable Prime Rate Margin shall have the meaning provided in section 2.7(g).

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Adjusted LIBO Rate means, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable U.S. Treasury fixed interest rate securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15 (519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Trust by at least three recognized dealers in U.S. government securities selected by the Trust.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Money Market Margin has the meaning set forth in Section 2.03(d)(ii)(C).

  • Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Program Fee Rate is defined in the Fee Letter.

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).