Index Rate Margin definition

Index Rate Margin means 2.50% per annum.
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Index Rate Margin means (1) with respect to the Revolving Loan, four hundred (400) basis points, and (2) with respect to Term Loan A, six hundred fifty (650) basis points.
Sample 1
Index Rate Margin means (i) at all times prior to the effective date of the Conversion Option, six and one quarter percent (6.25)%, or (ii) on and after the effective date of the Conversion Option, if ever, four and three quarters percent (4.75%), without, for the avoidance of doubt, any retroactive adjustment to the rates of interest applicable to the Loans at all times prior to the effective date of the Conversion Option.
Sample 1

Examples of Index Rate Margin in a sentence

  • Commencing on the first Adjustment Date thereafter, the Index Rate Margin and LIBOR Margin shall be calculated in accordance with Section 1.2 of the Credit Agreement.

  • All Overadvances shall constitute Index Rate Loans and at the written request of Agent or the Requisite Lenders shall bear interest at the Index Rate plus the Revolving Loan Applicable Index Rate Margin and shall bear interest at the Default Rate only if not repaid within three (3) Business Days.

  • A Sale/Repurchase Transaction specifying at least the Parties, the Commodity, the Sale Price, Sale Date, Repurchase Date, Index, Rate Margin, and the Related Futures Contract and Exchange shall be binding and enforceable as of the time of oral agreement.

  • The Term Loans and all other Obligations shall bear interest at the sum of the Index Rate plus the Index Rate Margin.

  • If any Lender does not pay to the Canadian Lender the amount of the aggregate outstanding amount of its Pro Rata Share of Canadian Advances within three (3) Business Days after receipt of the Put Notice (the “Put Date”), such amount shall be due and payable on demand and shall bear interest at the Index Rate plus the Applicable Revolver Index Rate Margin or the Applicable First Funded Revolver Index Rate Margin, as applicable, plus a gross-up for any applicable withholding taxes, until paid.


More Definitions of Index Rate Margin

Index Rate Margin means seven hundred twenty-five (725) basis points.
Sample 1
Index Rate Margin as defined in the definition of Applicable Margins above.
Sample 1
Index Rate Margin means 1.50% per annum.
Sample 1
Index Rate Margin means (i) as of the Closing Date, 1.00% per annum, and (ii) thereafter, as of the first day of each month (each, an "Adjustment Date"), commencing on April 1, 2004, the Index Rate Margin shall be adjusted, if necessary, to the applicable percent per annum set forth in the pricing table set forth on Schedule 1.2 hereto corresponding to the average daily Availability for the trailing three month period ending on the last day of the most recently completed month prior to the applicable Adjustment Date (each such period, a "Calculation Period") as calculated in the manner set forth on Exhibit 4.5(F).
Sample 1
Index Rate Margin. Is defined in Section 1-8(a).
Sample 1

Related to Index Rate Margin

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

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

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

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

  • Floating Rate Margin means 7.50 per cent. per annum.

  • 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.

  • 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%.

  • Applicable Prime Rate Margin shall have the meaning provided in section 2.7(g).

  • 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 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.

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

  • Applicable Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: Rating Base Rate Spread LIBO Rate Spread A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.805 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.920 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.030 % 1.030 % BBB by Standard & Poor’s Baa2 by Moody’s 0.140 % 1.140 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.250 % 1.250 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.250% as to any Base Rate Advance and 1.250% as to any LIBO Rate Advance.

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

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

  • Applicable LIBOR Margin means a per annum rate of interest payable in addition to the LIBOR Rate on LIBOR Rate Loans, determined by reference to Section 1.6.

  • 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 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.

  • Euro-Dollar Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • 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.

  • Index Rate means, for any day, a floating rate equal to the higher of (i) the rate publicly quoted from time to time by The Wall Street Journal as the "base rate on corporate loans posted by at least 75% of the nation's 30 largest banks" (or, if The Wall Street Journal ceases quoting a base rate of the type described, the highest per annum rate of interest published by the Federal Reserve Board in Federal Reserve statistical release H.15 (519) entitled "Selected Interest Rates" as the Bank prime loan rate or its equivalent), and (ii) the Federal Funds Rate plus 50 basis points per annum. Each change in any interest rate provided for in the Agreement based upon the Index Rate shall take effect at the time of such change in the Index Rate.

  • Applicable Revolver LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Applicable ABR Margin means, at any date:

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

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • 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