DEFAULT APPLICABLE MARGIN definition

DEFAULT APPLICABLE MARGIN means 2.00%.
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DEFAULT APPLICABLE MARGIN means the Class A-1 Default Applicable Margin or the Class A-2 Default Applicable Margin, as applicable.
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DEFAULT APPLICABLE MARGIN has the meaning set forth in the Fee Letter.
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Examples of DEFAULT APPLICABLE MARGIN in a sentence

  • The Issuer shall pay interest on overdue installments of interest at the Class A Note Interest Rate (calculated for this purpose using the Class A Default Applicable Margin) to the extent lawful.

  • If an Event of Default shall have occurred and be continuing, the Trustee may, and at the direction of the Controlling Note Purchaser and the Majority Noteholders of the Highest Priority Class shall, and with respect to an Event of Default pursuant to Section 5.1(a)(v), (vi) or (viii) hereof, the Trustee shall declare the Notes to be immediately due and payable at par, together with accrued interest thereon (calculated for these purposes using the applicable Default Applicable Margin).

  • If an Event of Default shall have occurred and be continuing, the Trustee may, and at the direction of the Note Purchaser and the Majority Noteholders shall, and with respect to an Event of Default pursuant to Section 5.1(a)(v) or (vi) hereof, the Trustee shall declare the Notes to be immediately due and payable at par, together with accrued interest thereon (calculated for these purposes using the Default Applicable Margin).


More Definitions of DEFAULT APPLICABLE MARGIN

DEFAULT APPLICABLE MARGIN means 4.00%.
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DEFAULT APPLICABLE MARGIN means, with respect to the Class A Notes, the Class A Default Applicable Margin and with respect to the Class B Notes, the Class B Default Applicable Margin.
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DEFAULT APPLICABLE MARGIN means 3.38%.
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DEFAULT APPLICABLE MARGIN as used in the Loan Agreement shall mean ____* per annum.
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DEFAULT APPLICABLE MARGIN means 3.50%.
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DEFAULT APPLICABLE MARGIN means 5.75%.”
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Related to DEFAULT 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.

  • 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

  • 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%.

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

  • Applicable Rate means a percentage per annum equal to: