Applicable Margin for Advances. With respect to interest based on the LIBO Rate, 3.25% per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Base Rate, 3.25% per annum (subject to increase in accordance with Section 3.01(b)).
Applicable Margin for Advances. With respect to interest based on the LIBO Rate, 2.75% per annum. With respect to interest based on the Base Rate, 2.75% per annum.
Applicable Margin for Advances. With respect to interest based on the Term SOFR Rate, 3.002.60% per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Base Rate, 3.002.60% per annum (subject to increase in accordance with Section 3.01(b)).
Examples of Applicable Margin for Advances in a sentence
If, on any date the aggregate principal amount of the outstanding Advances is less than the Minimum Funding Amount specified in the definition of the term Minimum Funding Amount, then the Company shall pay the Lenders interest at a per annum rate equal to (i) the Applicable Margin for Advances in U.S. Dollars set forth on the Transaction Schedule multiplied by (ii) the amount equal to the Minimum Funding Amount minus the aggregate principal amount of the outstanding Advances.
All outstanding Advances shall bear interest (from and including the date on which such Advance is made) at a per annum rate equal to the LIBO Rate for each Calculation Period in effect plus the Applicable Margin for Advances set forth on the Transaction Schedule.
All outstanding Advances shall bear interest (from and including the date on which such Advance is made) at a per annum rate equal to the applicable Reference Rate (except as expressly set forth herein) for each Calculation Period in effect plus, in each case, the Applicable Margin for Advances set forth on the Transaction Schedule.
Applicable Margin for Advances in U.S. Dollars: With respect to interest based on the LIBO Rate, 2.50% per annum.
Applicable Margin for Advances: With respect to interest based on the LIBO Rate, 3.10% per annum (subject to increase in accordance with Section 3.01(b)).
More Definitions of Applicable Margin for Advances
Applicable Margin for Advances. With respect to Advances denominated in USD: With respect to interest based on the Benchmark, (i) initially 2.46% per annum and (ii) upon the direction of the Required Financing Providers, during the occurrence and continuation of an Event of Default, 4.46%. With respect to interest based on the Base Rate, (i) initially 2.46% per annum and (ii) upon the direction of the Required Financing Providers, during the occurrence and continuation of an Event of Default, 4.46%. With respect to Advances denominated in a Permitted Non-USD Currency:With respect to interest based on any Benchmark, (i) initially 2.46% per annum and (ii) upon the direction of the Required Financing Providers, during the occurrence and continuation of an Event of Default, 4.46%; provided that (x) in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be 2.46% plus 0.1193% per annum and
Applicable Margin for Advances. With respect to Tranche A Advances: With respect to interest based on thea Benchmark, 2.45% per annum; provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be 2.5693% per annum (in each case, subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Term SOFR Rate, 2.55% per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Base Rate, 2.55% per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Base Rate, 2.45% per annum; provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be 2.5693% per annum (in each case, subject to increase in accordance with Section 3.01(b)). With respect to Tranche B Advances: With respect to interest based on the Term SOFR Rate, 2.55% per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Base Rate, 2.55% per annum (subject to increase in accordance with Section 3.01(b)).
Applicable Margin for Advances. With respect to interest based on a Reference Rate other than a Term SOFR Rate, (a) if the then current Financing Commitments are U.S.$750,000,000 or less, 2.70% per annum; provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be, 2.8193% per annum (in each case, subject to increase in accordance with Section 3.01(b)) and
Applicable Margin for Advances. With respect to interest based on any Benchmark, (i) initially 2.30% per annum and (ii) upon the direction of the Required Financing Providers, during the occurrence and continuation of an Event of Default, 4.30%.With respect to interest based on the Base Rate, (i) initially 2.30% per annum and (ii) upon the direction of the Required Financing Providers, during the occurrence and continuation of an Event of Default, 4.30%.
Applicable Margin for Advances. With respect to interest based on the Benchmark, 2.45% per annum; provided that, in the case of
Applicable Margin for Advances. With respect to interest based on the applicable Reference Rate, (i) during Stage 1, 2.25% per annum and (ii) thereafter, 2.70% per annum (in each case, subject to increase in accordance with Section 3.01(b)). With respect to interest based on the applicable Base Rate, (i) during Stage 1, 2.25% per annum and (ii) thereafter, 2.70% per annum (in each case, subject to increase in accordance with Section 3.01(b)).
Applicable Margin for Advances. With respect to interest based on the applicable Reference Rate, 2.40% per annum; provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be 2.40% plus the Applicable XXXXX Adjustment per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the applicable Base Rate, 2.40% per annum ; provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be 2.40% plus the Applicable XXXXX Adjustment per annum (subject to increase in accordance with Section 3.01(b)). Custodial Account: 191202-700 Interest Collection Account: 191202-201 Principal Collection Account: 191202-202 MV Cure Account: 191202-701 Unfunded Exposure Account: 191202-203 Permitted Non-USD Currency Accounts CAD Custodial Account: To be set forth in the applicable Permitted Non-USD Currency Account Opening Notice CAD Interest Collection Account: To be set forth in the applicable Permitted Non-USD Currency Account Opening Notice CAD Principal Collection Account: To be set forth in the applicable Permitted Non-USD Currency Account Opening Notice CAD Unfunded Exposure Account: To be set forth in the applicable Permitted Non-USD Currency Account Opening Notice