Equity Margin definition

Equity Margin shall have the meaning set forth in Subsection 5.1.4.
Equity Margin shall be determined as of each June 30 and December 31 as provided in the table below (expressed in basis points) based on: (a) the ratio of Equity to NFI of APD, on a consolidated basis; and (b) the ratio of Borrower Debt to Guarantor Cash Flow ("BDGCFR"), as of such date: Equity to NFI ------------- less than >|=40 <50 50 or 40 more BDGCFR ------ >|= 8.0 12.5 25.0 50.0 >|= 4.0 < 8.0 25.0 50.0 62.5 <|= 4.0 50.0 62.5 75.0
Equity Margin means 5.25% (525 basis points). -------------

Examples of Equity Margin in a sentence

  • The "Equity Margin" shall be determined as of each June 30 and December 31 as provided in the table below (expressed in basis points) based on: (a) the ratio of Equity to NFI of APD, on a consolidated basis; and (b) the ratio of Borrower Debt to Guarantor Cash Flow ("BDGCFR"), as of such date: Equity to NFI less than =>40<50 50 or more 40 BDGCFR ------ =>8.0 12.5 25.0 50.0 =>4.0< 8.0 25.0 50.0 62.5 < 4.0 50.0 62.5 75.0 provided that the Equity Margin may never exceed the Base Rate Margin.

  • Peer Comparison 1-Year Return Return Net Interest NPLs Charge-offs/ as of 4/16/09 on Equity Margin to Loans Avg.

  • N.A. and TFL (collectively, the "Equity Margin Revolver Agreements") and (iv) the Indenture, dated May 13, 2019, by and among TKC, the guarantors party thereto and Wilmington Trust, National Association.


More Definitions of Equity Margin

Equity Margin means a rate per annum at any time determined in accordance with the following formula: Equity Margin = (I x P) - ((AI x AP) + (BI x BP)) - L CP where “AI” = L + Class A Margin “L” = 1 Month LIBOR rate in effect for the applicable Interest Period
Equity Margin is set forth and determined in accordance with APPENDIX 2 to the Lease.
Equity Margin means the equity margin set forth in the Program Administration Letter, expressed as an annual percentage rate calculated to the seventh decimal place. "Equity Rate" means the three (3)-month LIBOR Rate in effect as of the first LIBOR Banking Day of each Equipment Payment Period plus the Equity Margin. "ERISA" means the Employee Retirement Income Security Act of 1974, as amended. "Estimated Residual Value" for any Item of Equipment on any date of determination shall mean an amount obtained by multiplying (a) the percentage set forth in the Equipment Agreement Supplement for such Item under the caption "Estimated Residual Value Percentage" applicable to the Basic Term or Renewal Term in effect on such date, by (b) the Acquisition Cost for such Item. "Event of Loss" with respect to any Item of Equipment means (a) the loss of such Item of Equipment or any substantial part thereof, or (b) the loss of the use of such Item of Equipment due to theft or disappearance for a period in excess of 45 days during the Term, or existing at the expiration or earlier termination of the Term, or (c) the destruction, damage beyond repair, or rendition of such Item of Equipment or any substantial part thereof permanently unfit for normal use for any reason whatsoever, or (d) the condemnation, confiscation, seizure, or requisition of use or title to such Item of Equipment or any substantial part thereof by any Governmental Entity under the power of eminent domain or otherwise beyond the earlier of sixty (60) days and the end of the Basic Term or Renewal Term, as applicable. "Excepted Payments" means (a) indemnity payments paid or payable in favor of Trust Company, Owner Participant, Lenders, any Liquidity Provider or any Assignee, or their

Related to Equity Margin

  • 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.

  • 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).

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

  • First Margin means the margin specified as such in the applicable Final Terms; "First Reset Date" means the date specified in the applicable Final Terms;

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

  • Interest Margin Except as set forth in the following sentence, with respect to each Class of Regular Certificates, the following percentages: Class I-A Certificates, 0.150%; Class II-A-1 Certificates, 0.050%; Class II-A-2 Certificates, 0.110%; Class II-A-3 Certificates, 0.160%; Class II-A-4 Certificates, 0.240%; Class M-1 Certificates, 0.270%; Class M-2 Certificates, 0.310%; Class M-3 Certificates, 0.330%; Class M-4 Certificates, 0.380%; Class M-5 Certificates, 0.420%; Class M-6 Certificates, 0.510%, Class M-7 Certificates, 0.950%, Class M-8 Certificates, 1.100%, Class M-9 Certificates, 1.950%, Class M-10 Certificates, 2.000% and Class M-11 Certificates, 2.000%. On the first Distribution Date after the Optional Termination Date, the Interest Margins shall increase to the following percentages: Class I-A Certificates, 0.300%; Class II-A-1 Certificates, 0.100%; Class II-A-2 Certificates, 0.220%; Class II-A-3 Certificates, 0.320%; Class II-A-4 Certificates, 0.480%; Class M-1 Certificates, 0.405%; Class M-2 Certificates, 0.465%; Class M-3 Certificates, 0.495%; Class M-4 Certificates, 0.570%; Class M-5 Certificates, 0.630%; Class M-6 Certificates, 0.765%, Class M-7 Certificates, 1.425%, Class M-8 Certificates, 1.650%, Class M-9 Certificates, 2.925%, Class M-10 Certificates, 3.000% and Class M-11 Certificates, 3.000%.

  • Applicable ABR Margin means, at any date:

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

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

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

  • Retail margin means an amount, reflecting differences in

  • 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

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

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

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

  • 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 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).

  • Subsequent Margin means the margin specified as such in the applicable Final Terms;

  • 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%.