Applicable Loan Margin definition

Applicable Loan Margin means, for any day, the applicable percentage set forth in Annex I under the appropriate caption.
Sample 1
Applicable Loan Margin. (with respect to the Tranche A Loans) shall at all times, for each Pricing Level, be equal to the percentage per annum set forth in the definition of "Applicable Margin" in the Credit Agreement under the caption "Applicable Margin Fixed Rate Loans" for such Pricing Level and, further, that the definitions of "Pricing Level I", "Pricing Level II", "Pricing Level III" anx "Xxxxxxx Xxxxx XX" xxxxxxx xx xxx xxxxxxxxxxx thereof contained in the Credit Agreement, in each case as the Credit Agreement may be amended from time to time in accordance with Section 3.01 of the Intercreditor Agreement (but subject to the provisions of Section 3.01(c) of the Intercreditor Agreement). Accordingly, notwithstanding the provisions of clauses (a) and (b) above, the definitions of "Applicable Lease Rate", "Applicable Loan Rate" (with respect to Tranche A Loans) and "Pricing Level" (and all ancillary definitions related thereto) shall, without any further act on the part of any party hereto, automatically be deemed to be amended by, and to the extent set forth in, any amendment to the analogous definitions contained in the Credit Agreement effected in accordance with the provisions of Section 3.01 of the Intercreditor Agreement (but subject to the provisions of Section 3.01(c) of the Intercreditor Agreement), so that at all times the Applicable Lease Margin and the Applicable Loan Margin with respect to the Tranche A Loans shall, for each Pricing Level, be equal to the "Applicable Margin" (as defined in the Credit Agreement) for such Pricing Level. In addition, if at any time the "Applicable Margin" under the Credit Agreement for Variable Rate Loans (as defined in the Credit Agreement) shall be more than 0.00% for any Pricing Level, then the definition of "Alternate Base Rate" contained in Appendix A hereto shall, without any further act on the part of any party hereto, automatically be deemed to be amended to include a margin for such Pricing Level equal to the "Applicable Margin" for Variable Rate Loans for such Pricing Level set forth in the Credit Agreement.
Sample 1
Applicable Loan Margin means on any date, with respect to the Tranche A Loans and Tranche B Loans, respectively, the percentage set forth below opposite the applicable Pricing Level on such date:
Sample 1

Examples of Applicable Loan Margin in a sentence

  • Subject to Section 2.16, any changes in the Applicable Loan Margin shall be determined by the Administrative Agent in accordance with the provisions set forth in the definition of “Applicable Loan Margin”, and the Administrative Agent will promptly provide notice of such determinations to the Borrower and the Lenders.

  • The Applicable Capital Margin and the Applicable Loan Margin in effect from the Closing Date through the date the Compliance Certificate in respect of the fiscal quarter ending March 1, 2007 is delivered or required to be delivered shall be determined based upon a Consolidated Leverage Ratio of less than 1.00 to 1.00.


More Definitions of Applicable Loan Margin

Applicable Loan Margin means with respect to LIBOR Rate Loans, 2% per annum.
Sample 1
Applicable Loan Margin means, at any date, the percentage amount set forth in the table below based on the Pricing Level at such date: =============================================================== APPLICABLE LOAN MARGIN =============================================================== =============================================================== Level I 0.225% --------------------------------------------------------------- Level II 0.325% ---------------------------------------------------------------
Sample 1
Applicable Loan Margin means, with respect to any Loan having an Interest Rate determined by reference to the BBA LIBO Rate, the percentage per annum set forth in the table below based on the Pricing Level in effect on such date: Consolidated Leverage Ratio Applicable Loan Margin Less than or equal to 0.50 to 1.00 0.40 % Less than or equal to 1.00 to 1.00 and Greater than 0.50 to 1.00 0.525 % Less than or equal to 1.50 to 1.00 and Greater than 1.00 to 1.00 0.65 % Less than or equal to 2.00 to 1.00 and Greater than 1.50 to 1.00 0.775 % Greater than 2.00 to 1.00 0.90 %
Sample 1
Applicable Loan Margin means, as of any day:
Sample 1

Related to Applicable Loan Margin

  • 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).

  • Applicable ABR Margin means, at any date:

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

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • Applicable Commitment Fee Rate means:

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

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

  • 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.

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

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

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.