Facility B Interest Rate definition

Facility B Interest Rate means the interest rate (per annum) calculated by adding the Spread to the Facility B Base Rate.
Facility B Interest Rate means 6.4% per annum. ------------------------
Facility B Interest Rate means the Fulfillment Borrower’s from time to time option of (i) a floating per annum rate of interest equal to the Prime Rate, (ii) the LIBOR Rate plus the Facility B Applicable Margin or (iii) the Fixed LIBOR Rate plus the Facility B Applicable Margin.

Examples of Facility B Interest Rate in a sentence

  • Except as otherwise provided in this Section 2.2(b), the principal amount of the Facility B Loans outstanding from time to time shall bear interest at the applicable Facility B Interest Rate.


More Definitions of Facility B Interest Rate

Facility B Interest Rate means, with respect to the Facility B Advance, a rate per annum equal to the lesser of (a) the sum of (i) the LIBOR Rate, plus (ii) the Applicable Margin and (b) the Highest Lawful Rate.

Related to Facility B Interest Rate

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.