Borrowing Margin definition

Borrowing Margin mean, respectively, (i) the borrowing margins referred to in Sections 2.8(a), (b), (c), (d), (e), (f), (g), (h), (i), (j), (k), (l) and (m), and (ii) any one of such borrowing margins.
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Borrowing Margin means one-half of one percent (.50%) provided, however, that in the event that, and during any period that the long-term Indebtedness of the Guarantor shall be rated BBB or lower by Standard & Poor's Corporation or Baa2 or lower by Moodx'x Xxxestors Service, Inc., the Borrowing Margin shall mean three quarters of one percent (.75%) during such period.
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Borrowing Margin means two and sixty-five hundredths percent (2.65%) per annum.
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Examples of Borrowing Margin in a sentence

  • Each Base Rate Loan shall bear interest on the principal amount thereof from the date made until such Loan is paid in full or converted, at a rate per annum equal to the Alternate Base Rate plus the Applicable Borrowing Margin.

  • Each LIBO Rate Loan shall bear interest on the principal amount thereof from the date made until such Loan is paid in full, renewed, or converted, at a rate per annum equal to the LIBO Rate plus the Applicable Borrowing Margin.

  • The Borrowing Margin for any Eurodollar Rate Revolving Loan or any Eurodollar Rate Supplemental Revolving Loan shall not change during the Interest Period applicable to such Borrowing.

  • Thus, we assume this is the temperature where the majority of the mass and the mutual part of both salts finish its decomposition.

  • Each Base Rate Loan shall bear interest on the principal amount thereof from the date made until such Loan is paid in full or converted, at a rate per annum equal to the Alternate Base Rate determined from time to time plus the Applicable Borrowing Margin for Base Rate Loans.

  • The Borrower agrees to pay interest in respect of the unpaid principal amount of each Eurodollar Rate Additional Term Loan from the date the proceeds thereof are made available to the Borrower (whether pursuant to a new Borrowing or upon a conversion pursuant to Section 2.6) until maturity (whether by acceleration or otherwise) of such Eurodollar Rate Additional Term Loan at a rate per annum equal to the relevant Eurodollar Rate plus a Borrowing Margin of 3-1/2%.

  • According to the Staff Report, Respondent should have conducted an evaluation of its Public Awareness Program on or before June 20, 2010.

  • The Borrower agrees to pay interest in respect of the unpaid principal amount of each Swing Line Loan from the date the proceeds thereof are made available to the Borrower until maturity (whether by acceleration or otherwise) of such Swing Line Loan or until such Swing Line Loan is converted to Revolving Loans at a rate per annum equal to the Prime Rate in effect from time to time plus a Borrowing Margin of 2-1/2%.

  • After the making of each Borrowing, Margin Stock will constitute less than 25 percent of the assets (as determined by any reasonable method) of the Parent and its Subsidiaries on a consolidated basis.

  • ConceptJune 04 The total outstanding debt as to 30-Jun-10 $62,206.3 millionIncrease 30-Jun-09 to 30-Jun-10 $3,790.4 million or 6.5% This change is distributed in seven concepts: Central Government Borrowing Margin The amount of debt of the Central Government is constitutionally limited.

Related to Borrowing 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.

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

  • 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.

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.

  • 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:

  • Borrowing Minimum means (a) in the case of Eurocurrency Loans, $1,000,000, (b) in the case of ABR Loans, $1,000,000 and (c) in the case of Swingline Loans, $500,000.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • 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.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Eurocurrency Rate Reserve Percentage for any Interest Period for all Eurocurrency Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurocurrency Rate Advances is determined) having a term equal to such Interest Period.

  • Euro-Dollar Reserve Percentage has the meaning set forth in Section 2.06(c).

  • ABR Margin as defined in subsection 2.21.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Euro-Dollar Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Eurocurrency Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirements) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurocurrency Rate for each outstanding Eurocurrency Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurocurrency Reserve Percentage.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Eurodollar Rate Reserve Percentage for any Interest Period for all Eurodollar Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurodollar Rate Advances is determined) having a term equal to such Interest Period.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.

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

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.