Applicable RFR Margin definition

Applicable RFR Margin means the RFR Margin determined in accordance with the Pricing Schedule.
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Applicable RFR Margin means that number of basis points per annum set forth on the Pricing Grid under the heading “Applicable RFR Margin”.
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Applicable RFR Margin means, with respect to RFR Loans, on (i) from the Fifth Amendment Effective Date to the date upon which the Administrative Agent receives the financial statements required pursuant to Section 7.1 for the fiscal quarter ending June 30, 2022, 1.25%, and (ii) at any date thereafter, the applicable percentage rate per annum set forth in the following table under the column Applicable RFR Margin opposite the Most Recent Total Net Leverage Ratio on such date: ​ ​ ​ ​ Most Recent Total Net Leverage Ratio Applicable RFR Margin ​ Any adjustment in the Applicable RFR Margin shall be applicable to all RFR Loans then existing or subsequently made or issued.
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Examples of Applicable RFR Margin in a sentence

  • Following the effectiveness of the ESG Amendment, any modification to the ESG Pricing Provisions which does not have the effect of reducing or increasing the Multicurrency Revolving Commitment Fee, USD Revolving Commitment Fee, LC Commission, Applicable Adjusted Term SOFR Margin, Applicable Base Rate Margin, Applicable Eurocurrency Margin or Applicable RFR Margin to a level not otherwise permitted by this paragraph shall be subject only to the consent of the Required Lenders.

  • Each Borrower agrees to pay interest in respect of the unpaid principal amount of such Borrower’s RFR Loans from the date the proceeds thereof are made available to such Borrower until the earlier of the maturity (whether by acceleration or otherwise) of such RFR Loan, at a rate per annum equal to the relevant Daily Simple XXXXX plus the Applicable RFR Margin.

Related to Applicable RFR Margin

  • 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%.

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • 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.