Examples of Euro-Dollar Margin in a sentence
Notwithstanding anything to the contrary contained herein, upon the request of the Required Banks, while any payment-related Event of Default exists, all Letter of Credit Fees shall accrue at a rate per annum equal to the Euro-Dollar Margin plus 2%.
The Borrower hereby promises to pay to the Administrative Agent for account of each Bank interest on the outstanding principal amount of each Euro-Dollar Loan of such Bank, for each day during the Interest Period applicable thereto, at a rate per annum equal to the sum of the Euro-Dollar Margin for such day plus the Adjusted London Interbank Offered Rate applicable to such Interest Period.
Only those Banks that consent to such Permitted Amendment (the “Accepting Banks”) will have the maturity of their applicable Loans and Commitments extended and be entitled to receive any increase in the Base-Rate Margin or Euro-Dollar Margin, as applicable, and any fees (including prepayment premiums or fees), in each case, as provided therein.
Upon the issuance of each Letter of Credit pursuant to Section 2.01(b) and until termination, cancellation or expiration of such Letter of Credit, subject to Section 2.19(a)(iv), the Borrower agrees to pay to the Administrative Agent for the account of each Bank in accordance with its Pro Rata Share a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to a rate per annum equal to the Euro-Dollar Margin in effect from time to time.
Each Loan outstanding under the Existing Agreement on the Closing Date shall remain outstanding under this Amended Agreement, with an Interest Period and, in the case of any Euro-Dollar Loan, a related Adjusted London Interbank Offered Rate as initially established pursuant to the Existing Agreement, but with a Base Rate Margin or Euro-Dollar Margin determined pursuant to this Amended Agreement for any date on or after the Closing Date.