Base Margin Requirement definition

Base Margin Requirement means, as of any date of determination and prior to the occurrence and continuation of a Net Asset Value Floor Event, (a) with respect to any Cash or Cash Equivalent, the percentage specified in Annex II-A-1, (b) with respect to any Bank Loan, the percentage specified in Annex II-A-2, determined based upon the Spread To Maturity, Outstanding Facility Size and Number of Pricing Sources for such Bank Loan, and (c) with respect to any Security, the percentage specified in Annex II-A-3, determined based upon the Spread To Maturity and Maturity for such Security.
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Base Margin Requirement means, as of any date of determination and prior to the occurrence and continuation of a Net Asset Value Floor Event, (a) with respect to any Cash or Cash Equivalent, the percentage specified in Annex II-A-1, (b) with respect to any Bank Loan, the percentage specified in Annex II-B-1, determined based upon the Spread To Maturity, Outstanding Facility Size and Number of Pricing Sources for such Bank Loan, and (c) with respect to any Corporate Bond Security, the percentage specified in Annex II-C-1, determined based upon the Spread to Maturity and Maturity for each Corporate Bond Security, (d) with respect to any Convertible Security, the percentage specified in Annex II-D-1, determined based on the delta for such Convertible Security, and (e) with respect to any Equity Security, the percentage specified in Annex II-E-1, determined based on the inclusion of such Equity Security in a Major Index.
Sample 1
Base Margin Requirement means, as of any date of determination and prior to the occurrence and continuation of a Net Asset Value Floor Event,
Sample 1

More Definitions of Base Margin Requirement

Base Margin Requirement means, as of any date of determination and prior to the occurrence and continuation of a Net Asset Value Floor Event, (a) with respect to any Cash or Cash Equivalent, the percentage specified in Annex II-A-1, (b) with respect to any Bank Loan, the percentage specified in Annex II-B-1, determined based upon the Spread To Maturity, Outstanding Facility Size and Number of Pricing Sources for such Bank Loan, and (c) with respect to any Corporate Bond Security, the percentage specified in Annex II-C-1, determined based upon the Spread to Maturity and Maturity for each Corporate Bond Security; provided, however, that with respect to any Bank Loans purchased following the Fifth Amendment Effective Date, until the twenty-second (22nd) day following the original issuance of such Bank Loan, such Bank Loan shall be deemed to have a Number of Approved Sources equal to three (3) for the purposes of Annex II-B-1 so long as the Bank Loan has been arranged by at least two (2) Approved Banks.
Sample 1
Base Margin Requirement means, as of any date of determination and prior to the occurrence and continuation of a Net Asset Value Floor Event, (a) with respect to any Cash or Cash Equivalent, the percentage specified in Annex II-A-1, (b) with respect to any Bank Loan, the percentage specified in Annex II-A-2, determined based upon the Spread To Maturity, Outstanding Facility Size and Number of Pricing Sources for such Bank Loan and (c) with respect to any Corporate Bond Security which has (i) a Credit Spread less than or equal to 20.00%, the percentage specified in Annex II-A-3 and (ii) a Credit Spread greater than 20.00% and a maturity less than one year, the percentage specified in Annex II-A-4, in the case of each of clauses (i) and (ii), determined based upon the Spread to Maturity and Maturity for such Corporate Bond Security.
Sample 1
Base Margin Requirement means, as of any date of determination and prior to the occurrence and continuation of a Net Asset Value Floor Event, (a) with respect to any Cash or Cash Equivalent, the percentage specified in Annex II-A-1, (b) prior to the occurrence of a Guaranty Termination Event, with respect to any Bank Loan, the percentage specified in Annex II-A-2, determined based upon the Spread To Maturity, Outstanding Facility Size and Number of Pricing Sources for such Bank Loan, (c) prior to the occurrence of a Guaranty Termination Event, with respect to any Corporate Bond Security which has (i) a Credit Spread less than or equal to 20.00%, the percentage specified in Annex II-A-3 and (ii) a Credit Spread greater than 20.00% and a maturity less than one year, the percentage specified in Annex II-A-4, in the case of each of clauses (i) and (ii), determined based upon the Spread to Maturity and Maturity for such Corporate Bond Security, (d) if a Guaranty Termination Event has occurred and is continuing, with respect to any Bank Loan, the percentage specified in Annex II-A-5, determined based upon the Spread To Maturity, Outstanding Facility Size and Number of Pricing Sources for such Bank Loan, and (e) if a Guaranty Termination Event has occurred and is continuing, with respect to any Corporate Bond Security which has (i) a Credit Spread less than or equal to 20.00%, the percentage specified in Annex II-A-6 or (ii) a Credit Spread greater than 20.00% and a maturity of less than one year, the percentage specified in Annex II-A-7, in the case of each of clauses (i) and (ii), determined based upon the Spread to Maturity and Maturity for such Corporate Bond Security.
Sample 1

Related to Base Margin Requirement

  • 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 I 52.50 II 62.50 III 72.50 IV 82.50 V 92.50

  • 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 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.

  • 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 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 2.15(D)(ii) hereof.

  • 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.

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

  • Applicable ABR Margin means, at any date:

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

  • 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).

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

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

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

  • 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 1.4(a).

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

  • Eurodollar Margin means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • 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

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

  • Borrowing Base Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the sum of the Revolving Credit Exposures of the Lenders on such day, and the denominator of which is the Borrowing Base in effect on such day.

  • 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

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

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • 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).