Examples of Applicable L/C Margin in a sentence

The Borrowers shall pay a fee (the "Letter of Credit Fee") equal to (i) the Applicable L/C Margin multiplied by the Maximum Drawing Amount of each Financial Letter of Credit or (ii) 50% of the Applicable L/C Margin multiplied by the Maximum Drawing Amount of each Performance Letter of Credit.
The Applicable L/C Margin on Letters of Credit shall be as set forth in the Pricing Table.
The Borrowers shall pay a fee (the "Letter of Credit Fee") equal to the Applicable L/C Margin MULTIPLIED BY the Maximum Drawing Amount of each Letter of Credit.
The Borrowers shall pay a fee (the "Letter of Credit Fee") equal to (i) the Applicable L/C Margin multiplied by the Maximum Drawing Amount of each Financial Letter of Credit plus (ii) 50% of the Applicable L/C Margin multiplied by the Maximum Drawing Amount of each Performance Letter of Credit.
Maruti Suzuki Swift Dzire, Toyota Etios, Honda Amaze or the equivalent etc.

More Definitions of Applicable L/C Margin

Applicable L/C Margin means that as set forth in Section 2.06 hereof.

Applicable L/C Margin means the Applicable Revolver LIBOR Margin then in effect.”

Applicable L/C Margin means (a) for an initial period commencing on the Effective Date and ending on the first day of the month immediately following the month in which the Servicer delivers PolyOne’s financial statements for the Fiscal Period ending June 30, 2007, 1.25% per annum and (b) thereafter, as of any date of determination, a per annum rate equal to the rate set forth below opposite the then applicable Average Monthly Excess Availability (determined on the last day of the most recently concluded calendar month): Greater than $120,000,000 1.00 % Less than or equal to $120,000,000 and greater than $60,000,000 1.25 % Less than or equal to $60,000,000 1.50 % provided, however, that upon the occurrence and during the continuance of an Event of Termination, the “Applicable L/C Margin” shall be the sum of the highest rate set forth in the table above plus 2.00% per annum. Changes in the Applicable L/C Margin resulting from a change in the Average Monthly Excess Availability for any month shall become effective as to all Issuances on the first day of the next consecutive calendar month.

Applicable L/C Margin means a per annum rate equal to Applicable Margin with respect to LIBOR Loans (after giving effect to the proviso included in the definition of “Applicable Margin”).

Applicable L/C Margin for purposes of determining the Letter of Credit fees due from the Borrowers under Section 4.C hereof, shall at all times mean and be the same as the Applicable LIBOR Margin.

Applicable L/C Margin means (a) for the initial period commencing on the Effective Date and ending on the last day of the calendar month in which the Administrative Agent receives unaudited financial statements of Equistar and its Consolidated Subsidiaries as of, and for the fiscal quarter ending, June 30, 2004 in accordance with and satisfying the requirements of Section 5.05(b), 2.25% per annum, and (b) thereafter, as of any date of determination, a per annum rate equal to the rate set forth below opposite the then applicable Average Monthly Excess Availability (determined as of the last day of the most recently concluded calendar month): AVERAGE MONTHLY EXCESS AVAILABILITY APPLICABLE L/C MARGIN Greater than or equal to $600,000,000 2.00 % Less than $600,000,000 and greater than or equal to $300,000,000 2.25 % Less than $300,000,000 2.50 % provided, however, that upon the occurrence and during the continuance of an Event of Default, the “Applicable L/C Margin” shall be the sum of the otherwise applicable rate set forth in the table above plus 2.00% per annum. Changes in the Applicable L/C Margin resulting from a change in the Average Monthly Excess Availability for any calendar month shall become effective as to all outstanding Letters of Credit on the first day of the next calendar month.