Applicable Premium Rate definition

Applicable Premium Rate means, as of any date of payment of premiums on the Finnvera Guarantee by the Borrower, the percentage per annum set forth below opposite the Senior Debt Rating on such date provided by S&P and ▇▇▇▇▇’▇: (S&P) (▇▇▇▇▇’▇) BBB or higher Baa2 or higher 0.77% BBB- Baa3 1.01% BB+ Ba1 1.48% BB Ba2 1.96% BB- Ba3 2.49% B+ or lower B1 or lower 2.97%

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Applicable Premium Rate means, as of any date, the percentage per annum set forth below opposite the Senior Debt Rating on such date provided by S&P and Moody’s: (S&P) (Moody’s) BBB+ or higher Baa1 or higher 0.5315% BBB B▇▇▇ ▇.▇▇▇▇% ▇▇▇- ▇▇▇▇ 0.7065% BB+ Ba1 0.8815% NYDOCS03/851836.9B 2 BB Ba2 1.1315% BB- or lower Ba3 or lower 1.3815%

Applicable Premium Rate means, for any Participant:

Examples of Applicable Premium Rate in a sentence

In addition, but not in duplication of the last sentence of SECTION 2.3(a), during all periods prior to the Special Bridge Advance Component Termination Date, as consideration for Foothill making available to Borrower, subject to the terms, conditions, and provisions hereof, the Special Bridge Advance Component of the Borrowing Base, Borrower shall pay to Foothill additional premium interest on the average daily Applicable Amount at a per annum rate from time to time equal to the Applicable Premium Rate.
In addition, during all periods prior to the Special Bridge Advance Component Termination Date, as consideration for Foothill making available to Borrower, subject to the terms, conditions, and provisions hereof, the Special Bridge Advance Component of the Borrowing Base, Borrower shall pay to Foothill additional premium interest on the average daily Applicable Amount at a per annum rate from time to time equal to the Applicable Premium Rate.

More Definitions of Applicable Premium Rate

Applicable Premium Rate means the premium rate referred to in subparagraph 1 of the first paragraph of section 6 of the Act;

Applicable Premium Rate means, as of any date of determination thereof: (a) if the Special Bridge Advance Component Termination Date has not yet occurred: (i) if such date of determination is prior to the occurrence of the Reduction Date, four percentage points (4.00%) per annum, (ii) if such date of determination is on or after the Reduction Date and is prior to the date that is one year after the Closing Date, three and one-half percentage points (3.50%) per annum, and (iii) if such date of determination is on or after the Reduction Date and is on or after the date that is one year after the Closing Date, three percentage points (3.00%) per annum; and (b) if the Special Bridge Advance Component Termination Date has occurred, zero percentage points (0.00%) per annum.

Applicable Premium Rate means, as of any date, the percentage per annum set forth below opposite the Senior Debt Rating on such date provided by S&P and ▇▇▇▇▇’▇: