Applicable Rate Spread definition

Applicable Rate Spread. For each of the Class A-R, Class B-R, Class C1-R and Class C2-R Certificates within this Series, the amount specified below (or as otherwise adjusted pursuant to Section 5 hereof): Class A-R = 2.00% per annum for Accrual Periods commencing before September 1, 1999; 2.05% per annum for Accrual Periods commencing on or after September 1, 1999 and before April 14, 2000; and 2.10% per annum thereafter. Class B-R = 2.80% per annum Class C1-R = 5.50% per annum Class C2-R = 6.75% per annum
Applicable Rate Spread. For each of the Class A, Class B, Class C, Class D, Class E, Class F and Class R Certificates within this Series, the amount specified below: Class A = 2.00% per annum Class B = 2.35% per annum Class C = 3.50% per annum Class D = 7.50% per annum Class E = 8.50% per annum Class F = 0.0% per annum Class R = 0.0% per annum
Applicable Rate Spread. For each of the Class A, Class B, Class C, Class D, Class E, Class F and Class R Certificates within this Series, the amount specified below: Class A = 2.00% per annum for Funding Amounts funded by this Class prior to April 14, 2000; and 2.05% per annum for Funding Amounts funded by this Class thereafter; Class B = 2.35% per annum for Funding Amounts funded by this Class prior to April 14, 2000; and 2.40% per annum for Funding Amounts funded by this Class thereafter; Class C = 3.50% per annum Class D = 7.50% per annum Class E = 8.50% per annum Class F = 0.0% per annum Class R = 0.0% per annum

Examples of Applicable Rate Spread in a sentence

  • Notwithstanding the foregoing, if the Outstanding Principal Amount of this Certificate is not paid in full by its Scheduled Maturity, then, for any Accrual Period commencing on or after such Scheduled Maturity, the Applicable Rate Spread on this Certificate shall be increased by 1.00%.


More Definitions of Applicable Rate Spread

Applicable Rate Spread means the rate set forth above in the definition of the Applicable Spread (subject to adjustment to the Floor Rate, as applicable).
Applicable Rate Spread. (as used in the Note) shall mean two hundred seventy-five (275) basis points.

Related to Applicable Rate Spread

  • 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.

  • Applicable Rate means a percentage per annum equal to:

  • Maximum Applicable Rate with respect to APS, has the meaning set forth in Section 11.10(a)(vii) of these Bylaws.

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

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period:

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

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

  • Applicable Revolver 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).

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

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

  • Applicable Commitment Fee Rate means the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Applicable ABR Margin means, at any date:

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

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Prime Rate Spread means the difference (expressed as the number of basis points) between (a) LIBOR plus the Spread on the date LIBOR was last applicable to the Loan and (b) the Prime Rate on the date that LIBOR was last applicable to the Loan; provided, however, in no event shall such difference be a negative number.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Applicable Base Rate Margin means, on any day, a rate per annum equal to the higher of (a) the Applicable Eurocurrency Margin for such day minus 1.00% and (b) 0.00%.

  • 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 Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.835 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.940 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.045 % 1.045 % BBB by Standard & Poor’s Baa2 by Moody’s 0.150 % 1.150 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.250 % 1.250 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.250% as to any Base Rate Advance and 1.250% as to any LIBO Rate Advance.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Applicable Margins means collectively the Applicable L/C Margin, the Applicable Unused Line Fee Margin, the Applicable Revolver Index Margin and the Applicable Revolver LIBOR Margin.

  • Prime Rate Margin is one-half of one percent (0.50%).”