Eurodollar Rate Margin definition

Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.

Eurodollar Rate Margin has the meaning specified in subsection 2.2A.

Eurodollar Rate Margin means a percentage, determined as set forth in Section 2.6.

Examples of Eurodollar Rate Margin in a sentence

• Except as otherwise provided in Section 3.7, the unpaid principal amount of any Eurodollar Rate Advance shall bear interest at a rate per annum equal to the Eurodollar Rate for that Eurodollar Rate Advance plus the Applicable Eurodollar Rate Margin.

• Except as otherwise provided in Sections 3.1(d) and 3.8, the unpaid principal amount of any Eurodollar Rate Loan shall bear interest at a rate per annum equal to the Eurodollar Rate for that Eurodollar Rate Loan plus the Applicable Eurodollar Rate Margin.

• For Eurodollar Rate Loans, at a rate per annum equal at all times during the applicable Interest Period for each Eurodollar Rate Loan to the sum of the Eurodollar Rate for such Interest Period plus the Applicable Eurodollar Rate Margin, payable in arrears (i) on the last day of such Interest Period and (ii) if such Interest Period has a duration of more than three months, on each day during such Interest Period that occurs every three months from the first day of such Interest Period.

• The term "Applicable Rate" means (i) during the period that such Loans or portions thereof are subject to a Base Rate Account, the Base Rate plus the Base Margin and (ii) during the period that such Loans or portions thereof are subject to a Eurodollar Account, the Adjusted Eurodollar Rate plus the Eurodollar Rate Margin.

• Borrower shall pay to Lender a L/C fee (the “L/C Fee”) for each Letter of Credit equal to the Applicable Eurodollar Rate Margin times the daily amount available to be drawn under such Letter of Credit.

More Definitions of Eurodollar Rate Margin

Eurodollar Rate Margin means for any day the rate per annum set forth below opposite the applicable S&P Bond Rating and Moodx'x Bond Rating in effect on such day:

Eurodollar Rate Margin means for any date the percentage per annum applicable on such date as set forth in the row labeled "Applicable Margin" on Schedule II hereto, which is based on the ratings (or lack thereof) by Moody's or S&P or both of the public long-term senior unsecured debt securities of Parent.

Eurodollar Rate Margin means the Applicable Margin for Eurodollar Loans.

Eurodollar Rate Margin has the meaning specified in Section 4.2.

Eurodollar Rate Margin means (i) 1.75% per annum, for interest ---------------------- accrued from the Closing Date to the first Rate Adjustment Date to occur after the Closing Date; and (ii) from each Rate Adjustment Date after the Closing Date to the subsequent Rate Adjustment Date, the Eurodollar Rate Margin in the following table set forth opposite the Senior Debt Ratio as of the last day of the fiscal quarter immediately preceding such Rate Adjustment Date: Senior Debt Ratio Eurodollar Rate Margin Pricing Level ----------------- ---------------------- ------------- Less than 2.50 0.75% Tier I Greater than or equal to 1.00% Tier II 2.50 and less than 3.00 Greater than or equal to 1.25% Tier III 3.00 and less than 3.50 Greater than or equal to 1.50% Tier IV 3.50 and less than 4.00 Greater than or equal to 1.75% Tier V 4.00 Notwithstanding the foregoing, (x) in order for Borrower to qualify for the Tier I pricing level, the Debt Coverage Ratio must be less than 3.00 as of the last day of the fiscal quarter immediately preceding such Rate Adjustment Date; (y) if on any Rate Adjustment Date, Borrower has failed to deliver the financial statements required to be delivered pursuant to Sections 5.2(a) and 5.2(b), as applicable, or the Compliance Certificate required to be delivered pursuant to Section 5.2(c) for the fiscal quarter immediately preceding such Rate Adjustment Date, then (i) the Eurodollar Rate Margin shall be adjusted to the Tier V pricing level on such Rate Adjustment Date, and (ii) the date of delivery of such financial statements and Compliance Certificate shall be treated as a Rate Adjustment Date if no Default or Event of Default has occurred and is continuing on the date of such delivery; and (z) if a Default or Event of Default has occurred and is continuing on any Rate Adjustment Date, then no decrease in the Eurodollar Rate Margin shall occur on such Rate Adjustment Date. Any calculation pursuant to clause (y)(i) in the preceding sentence shall not excuse or limit the remedies available for any Default or Event of Default as a result of the failure to deliver such financial statements or Compliance Certificate.

Eurodollar Rate Margin is defined in the Fee Letter.

Eurodollar Rate Margin means for any date the percentage per annum applicable on such date as set forth in the row labeled "LIBOR Applicable Margin" on Schedule II hereto, which is based on the ratings (or lack thereof) by Xxxxx'x or S&P or both of the public long-term senior unsecured debt securities of the Borrower. "EURODOLLAR RESERVE PERCENTAGE" of any Lender for any Interest Period for any Eurodollar Rate Advance means the reserve percentage applicable during such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or if more than one such percentage shall be so applicable, the daily average of such percentages for those days in such Interest Period during which any such percentage shall be so applicable) for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) for such Lender with respect to liabilities or assets consisting of or including Eurocurrency Liabilities having a term equal to such Interest Period. 6