Examples of Eurodollar Applicable Margin in a sentence
Performance Adjustments shall be effective (the date of the effectiveness of any Performance Adjustment, a "Performance Adjustment Date") with respect to adjustments to the Base Rate Applicable Margin and the Eurodollar Applicable Margin, three (3) Business Days following receipt by the Agents of the relevant quarterly unaudited or annual audited financial statements and the certificate of the chief financial officer of the Borrower, each as described above.
With respect to any Interest Period, the amount equal to (a) the greater of (i) the Eurodollar Rate for such Interest Period minus the average of rates quoted to RIHT as the London Interbank Bullion Rates as displayed on Xxxxxx'x gold loan screen or, if Xxxxxx'x gold loan screen is not available, as set by RIHT, for Precious Metal forwards for such period (the "Contango Rate"), and (ii) zero (0), plus (b) the Eurodollar Applicable Margin from time to time applicable to Gold Loans.
The Eurodollar Applicable Margin, the Applicable Facility Fee Rate and the Applicable Utilization Fee Rate for any period shall be determined on the basis of the publicly announced ratings ("Credit Ratings") by Moody's and S&P on the Borrower's Rated Debt during such period, in exxx xxxe in accordance with the table set forth below, to change when and as such Credit Ratings change.
The Eurodollar Applicable Margin, the Applicable Facility Fee Rate and the Applicable Utilization Fee Rate for any period shall be determined on the basis of the publicly announced ratings ("Credit Ratings") by Mxxxx'x and S&P on the Borrower's Rated Debt during such period, in each case in accordance with the table set forth below, to change when and as such Credit Ratings change.
Each Eurodollar Advance shall bear interest from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined as the Eurodollar Rate applicable to such Eurodollar Advance, plus the Eurodollar Applicable Margin.