Applicable Term Benchmark Margin definition

Applicable Term Benchmark Margin means that number of basis points per annum set forth on the Pricing Grid under the heading “Applicable Term Benchmark Margin”.
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Applicable Term Benchmark Margin means the Term Benchmark Margin determined in accordance with the Pricing Schedule.
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Applicable Term Benchmark Margin means the Term Benchmark Margin determined in accordance with the Pricing Schedule. “Approved Electronic Platform” has the meaning assigned to it in Section 7.06(a).
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Examples of Applicable Term Benchmark Margin in a sentence

  • The Applicable Term Benchmark Margin and the Applicable Base Rate Margin, respectively, shall be determined in accordance with the table below (in basis points per annum) and the other provisions of this Schedule 5 on the basis of the publicly announced ratings (“Credit Ratings”) by Moody’s, S&P and Fitch on the Borrower’s senior unsecured Debentures, the applicable rate to change when and as such Credit Ratings change.


More Definitions of Applicable Term Benchmark Margin

Applicable Term Benchmark Margin means, at any time with respect to each outstanding Term Benchmark Advance, a rate per annum determined in accordance with Schedule 5.
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Related to Applicable Term Benchmark 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%.

  • Applicable Margin means:

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

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.