Average Applicable Margin definition

Average Applicable Margin means, for any Interest Period, the sum of the Applicable Margin for each day in such Interest Period divided by the number of days in such Interest Period.
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Average Applicable Margin. For any Financing Fee Period, the sum of the Applicable Margin for each day in such Financing Fee Period divided by the number of days in such Financing Fee Period. Applicable Margin For any day, the higher of: (a) the product of: (1) the Spread; and (2) the ratio on such day of: (x) the Aggregate Purchased Security Notional Amount minus the Adjusted Aggregate Reduction Amount as of such day; to (y) the Aggregate Purchased Security Notional Amount as of such day; and (b) 1.50%.
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Average Applicable Margin. For any Financing Fee Period, the sum of the Applicable Margin for each day in such Financing Fee Period divided by the number of days in such Financing Fee Period. Applicable Margin For any day, the product of: (a) the Spread; and (b) the ratio on such day of:
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Examples of Average Applicable Margin in a sentence

  • Except as otherwise set forth herein, each of the Loans shall bear interest on the unpaid principal amount thereof from the date made through repayment (whether by acceleration or otherwise) thereof at the Adjusted Eurodollar Rate for each Interest Period plus the Average Applicable Margin for such Interest Period.

  • The APC shall satisfy the APC Collateral Test if: (a) the Weighted Average Applicable Margin of the Receivables in the APC Receivables Portfolio on such date is not less than 3.00 per cent.; (b) the Collateral Cover Ratio is greater than or equal to 35 per cent.; (c) the aggregate of the Current Termination Amount of each Designated Agreement in the APC Receivables Portfolio entered into by the Largest Obligor is less than 1.3 per cent.

  • The Weighted Average Applicable Margin of the Receivables in the APC Receivables Portfolio is calculated on any date of determination as the weighted average of the margins over the benchmark rates for each Utilisation Type provided that with respect to a Utilisation Type with a fixed rate of interest, such rate will be expressed as a margin over one-month EURIBOR for the purposes of calculating the Weighted Average Applicable Margin.

  • North, Institutions; Olson, Power and Prosperityhigher rates of growth.16 Francis Fukuyama has made a very important distinction between state scope and strength, and has discussed systematically the domestic and international implications of state weakness in underdeveloped countries.17 Finally, state failure has become a central concern in the contemporary international system, due to its implications in relation with terrorism, drug trafficking, and money laundering.

  • These bank facilities were granted by three commercial banks and bear interest rates of 1.25% over the Singapore Interbank Offered Rate (‘SIBOR’) per annum, 1.25% over Average Applicable Margin and 0.75% per annum below Bank’s Standard Bills Finance Rates.

  • These bank facilities were granted by four commercial banks and bear interest rates of 1.25% over the Singapore Interbank Offered Rate (‘SIBOR’) per annum, 1.5% per annum over Cost of Funds, 1.25% over Average Applicable Margin and 0.75% per annum below Bank’s Standard Bills Finance Rates.

Related to Average Applicable 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.

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

  • Applicable Margins means collectively the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

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

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

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

  • 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 Pricing Level Margin II 125.0 III 175.0 IV 250.0

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

  • Applicable LIBOR Margin means a per annum rate of interest payable in addition to the LIBOR Rate on LIBOR Rate Loans, determined by reference to Section 1.6.

  • 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.

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

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Prime Rate Margin is set forth on Schedule I hereto.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • 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: Rating Base Rate Spread LIBO Rate Spread A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.805 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.920 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.030 % 1.030 % BBB by Standard & Poor’s Baa2 by Moody’s 0.140 % 1.140 % 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.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • 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: Applicable Pricing Level Margin II 10.0 V 17.5

  • Applicable ABR Margin means, at any date:

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • 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 Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.