Applicable Reference Rate Margin definition

Applicable Reference Rate Margin means the Applicable Margin for Reference Rate Loans.
Applicable Reference Rate Margin means, at any time during a period set forth below, the percentage set forth opposite such period below: Applicable Reference Period Rate Margin ------ ----------- Level II NIG Period .500% Level I NIG Period .500% Minimum Investment Grade Period .500% Increased Investment Grade Period .375% Maximum Investment Grade Period .250%
Applicable Reference Rate Margin means:

Examples of Applicable Reference Rate Margin in a sentence

  • The resulting timetable shuffling had Ian teaching one block of Brian Heitman’s assignment.Ostermann received a 4 block temporary assignment in the second semester of the 2005- 06 school year.

  • Each Revolving Loan that is a Reference Rate Loan shall bear interest on the principal amount thereof from time to time outstanding at a rate per annum equal to the Reference Rate plus the Applicable Reference Rate Margin.

  • Subject to the provisions of Section 2.10.3, each Loan shall bear interest on the outstanding principal amount thereof from the date when made (which, in the case of a drawing on a Letter of Credit, is the date of such drawing) until it becomes due at a rate per annum equal to (A) with respect to a LIBOR Loan, the LIBOR Rate plus the Applicable LIBOR Margin, and (B) with respect to a Reference Rate Loan, the Reference Rate plus the Applicable Reference Rate Margin.

  • All information contained in Compass is shared with representatives from each of the agencies listed above that are assigned to the OFC/IOC-2 and given access to Compass for purposes of supporting the OFC/IOC-2 mission.

  • Each portion of the Term Loan that is a Reference Rate Loan shall bear interest on the principal amount thereof from time to time outstanding at a rate per annum equal to the Reference Rate plus the Applicable Reference Rate Margin.


More Definitions of Applicable Reference Rate Margin

Applicable Reference Rate Margin mean, as of any time of determination, the greater of (a) one percent (1.00%), and (b) four percent (4.00%) minus the Reference Rate then in effect.
Applicable Reference Rate Margin means the applicable interest-rate margin determined pursuant to the table set forth below, in accordance with the Pricing Level in effect from time to time. Pricing Level Margin Pricing Level 1 0.25% per annum Pricing Xxxxx 0 0.50% per annum Pricing Xxxxx 0 0.75% per annum Pricing Xxxxx 0 1.00% per annum
Applicable Reference Rate Margin means (i) at any time prior to a Qualified IPO, 5.00% and (ii) at any time following a Qualified IPO, 4.00%."
Applicable Reference Rate Margin appearing in Section 10 of the 364 Day Credit Agreement is hereby amended by deleting the table appearing therein in its entirety and inserting the following new table in lieu thereof: Applicable Reference "Period Rate Margin ------ ----------- Level I Period 1.000% Level II Period 0.900% Level III Period 0.700% Level IV Period 0.200% Level V Period 0.075% Level VI Period 0%
Applicable Reference Rate Margin means, as to each Reference Rate Loan, the applicable margin set forth in the right side of the grid below: Percentage that the outstanding Revolving A Loans and Letter of Credit Obligations bear to the Total Revolving A Credit Commitment Applicable Reference Rate Margin Less than 50% 0.50 percentage points Greater than or equal to 50% 0.75 percentage points
Applicable Reference Rate Margin means, as of any date of determination, the following margins based upon the Parent’s most recent Senior Leverage Ratio calculation; provided, however, that (a) for the period from the Effective Date up to the day that is 5 Business Days following the date the Agents receive the certified calculation of the Parent’s Senior Leverage Ratio in respect of the testing period ending June 30, 2008, which shall be delivered pursuant to Section 7.01(a), and (b) at any time that a Default or an Event of Default has occurred until the first day of the first fiscal quarter following the date on which such Default or Event of Default is no longer continuing, the Applicable Reference Rate Margin shall be at the margin in the row styled “Level I”: Applicable Reference Rate Level Senior Leverage Ratio Margin I If the Senior Leverage Ratio is greater than or equal to 2.00 to 1.00 or 1.75 percentage points II If the Senior Leverage Ratio is less than 2.00 to 1.00 1.50 percentage points Except as set forth in the foregoing proviso, the Applicable Reference Rate Margin shall be based upon the most recent calculation of the Parent’s Senior Leverage Ratio, which will be calculated as of the end of each fiscal quarter. Except as set forth in the foregoing proviso, the Applicable Reference Rate Margin shall be adjusted quarterly on the day that is 5 Business Days following the date of delivery to the Agents of the certified calculation of the Parent’s Senior Leverage Ratio pursuant to Section 7.01(a); provided, however, that if the Borrower fails to provide such certification when such certification is due, the Applicable Reference Rate Margin shall be set at the margin in the row styled “Level I” as of the first day of the month following the date on which the certification was required to be delivered until the date on which such certification is delivered (on which date (but not retroactively), without constituting a waiver of any Default or Event of Default occasioned by the failure to timely deliver such certification, the Applicable Reference Rate Margin shall be set at the margin based upon the calculations disclosed by such certification). In the event that the information contained in any financial statement or certificate delivered pursuant to this Agreement is shown to be inaccurate, and such inaccuracy, if corrected, would have led to the application of a higher Applicable Reference Rate Margin for any period (an “Applicable Reference Rate Period”) than the Applicable...
Applicable Reference Rate Margin means the per annum interest rate from time to time in effect, payable in addition to the Reference Rate, as determined by reference to Section 3.1.