CD Margin definition

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

CD Margin has the meaning set forth in Section 2.07(b).

CD Margin has the meaning set forth in Section 2.06(b).

Examples of CD Margin in a sentence

• Any overdue principal of or interest on any CD Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the higher of (i) the sum of the CD Margin for such day plus the Adjusted CD Rate applicable to such Loan and (ii) the rate applicable to Base Rate Loans for such day.

• Any overdue principal of or interest on any CD Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the higher of (i) the sum of the CD Margin plus the Adjusted CD Rate applicable to such Loan and (ii) the rate applicable to Base Rate Loans for such day.

• Any overdue principal of or interest on any CD Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the higher of (i) the rate applicable to Base Rate Loans for such day and (ii) the sum of the CD Margin plus the Adjusted CD Rate applicable to such Loan at the date such payment was due.

• Any overdue principal of or interest on any CD Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the higher of (i) the sum of the CD Margin for such day plus the Adjusted CD Rate applicable to such Loan on the day before such payment was due and (ii) the rate applicable to Base Rate Loans for such day.

• Any overdue principal of or interest on any CD Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the higher of (i) the sum of the CD Margin for such day plus the Adjusted CD Rate applicable to the Interest Period for such Loan and (ii) the rate applicable to Base Rate Loans for such day.

More Definitions of CD Margin

CD Margin means 0.235% per annum.

CD Margin means .290%.

CD Margin and "Facility Fee Rate" for any day are the respective percentages set forth below in the applicable row under the column corresponding to the Status that exists on such day: ---------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- Status Level I Level II Level III Level IV Level V LevelVI Level VII ---------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- Euro-Dollar Margin .065% .15% .215% .25% .30% .40% .50% ---------------------------------------------------------------------------------------------- CD Margin .19% .275% .34% .375% .425% .525% .625% ---------------------------------------------------------------------------------------------- Facility Fee Rate .085% .10% .11% .15% .175% .225% .3125% ---------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- For purposes of this Schedule, the following terms have the following meanings:

CD Margin. FACILITY FEE RATE" and "LC FEE RATE" for any day are the respective percentages set forth below in the applicable row under the column corresponding to the status that exists on such day: ================================================================================================== Status Level I Level II Level III Level IV Level V ================================================================================================== Euro-Dollar Margin 0.2150% 0.2875% 0.3500% 0.4250% 0.5000% -------------------------------------------------------------------------------------------------- CD Margin 0.3400% 0.4125% 0.4750% 0.5500% 0.6250% -------------------------------------------------------------------------------------------------- Facility Fee Rate 0.1100% 0.1375% 0.1500% 0.2000% 0.3750% -------------------------------------------------------------------------------------------------- LC Fee Rate 0.2150% 0.2875% 0.3500% 0.4250% 0.5000% ================================================================================================== For purposes of this Schedule, the following terms have the following meanings:

CD Margin has the meaning set forth in the Pricing Schedule.

CD Margin means, for any day, the rate set forth below in the row opposite such term and in the column corresponding to the Pricing Level that applies on such day as determined based on the ratings by Xxxxx'x and S&P:

CD Margin means (i) .4250%, if at the end of each of the two most recently completed fiscal quarters the Borrower's ratio of Total Borrowed Funds to Consolidated Net Worth was equal to or less than .40 to 1 and the Borrower's ratio to Cash Flow to Total Borrowed Funds was equal to or greater than .50 to 1; or (ii) .5250%, if (a) the conditions of clause (i) have not been satisfied and (b) at the end of each of the two most recently completed fiscal quarters the Borrower's ratio of Total Borrowed Funds to Consolidated Net Worth was equal to or less than .70 to 1 and the Borrower's ratio of Cash Flow to Total Borrowed Funds was equal to or greater than .35 to 1; or