Examples of Applicable Margin Grid in a sentence
As used herein, the following terms shall have the following meanings for the purpose of this Agreement and the documents related hereto unless the context in which such term is used clearly requires otherwise: Applicable Margin Grid: the Applicable Margin Grid attached hereto and made a part hereof as Exhibit A.
XXXX Name: Its: Vice President Date: June 28, 2002 10 ATTACHMENT 2 Replacement Schedule 1.1 Applicable Margin Grid MSC.
Applicable Margin Grid: I Less than 2.00 to 1.00 1.50% 0.50% II Greater than or equal to 2.00 to 1.00, but less than 2.50 to 1.00 1.75% 0.75% III Greater than or equal to 2.50 to 1.00, but less than 3.00 to 1.00 2.00% 1.00% IV Greater than or equal to 3.00 to 1.00 2.25% 1.25% Amortiziation Schedule: Other Terms: As set forth in the Credit Agreement.
XXXXX Its: Chief Financial Officer ATTACHMENT 2 Replacement Schedule 1.1 Applicable Margin Grid MSC.
Applicable Margins Based on the Funded Debt to EBITDA Ratio as of the Computation Date as set forth above, the Applicable Margins shall be those set forth under Level on the Applicable Margin Grid on Schedule 1.1. The undersigned Borrower Representative, on behalf of each the Borrowers, hereby certifies that to the best of his/her knowledge, after due inquiry: All of the information set forth in this Report (and in any Schedules attached hereto) is true and correct in all material respects.
By: Its: U.S. BANK NATIONAL ASSOCIATION By: Its: BNP PARIBAS By: Its: THE BANK OF NOVA SCOTIA By: Its: Applicable Margin Grid MSC SOFTWARE CORP.
The initial Applicable Margin for the Incremental Term Loan will be determined based on the Consolidated Net Leverage Ratio on the Closing Date; provided that after the date on which the Borrower will have delivered financial statements for the first full fiscal quarter ending after the Closing Date, the Applicable Margin will be determined in accordance with the following pricing grid: See Applicable Margin Grid below.