Examples of Loan Margin in a sentence
The rate of interest applicable to the respective outstanding principal amount of the Subordinated Loan during each Interest Period shall be a rate (expressed as a percentage) per annum equal to the sum of the Subordinated Loan Margin plus Compounded Daily XXXXX for such Interest Period.
Immediately before and after giving effect to the making of each Loan, Margin Stock will constitute less than 25% of the Borrower’s assets as determined in accordance with Regulation U.
Upon the satisfaction of the Title Hurdle Conditions, the Tranche B Term Loan Margin shall revert to the rate that would apply but for the immediately preceding proviso.
Each Cash Loan hereunder shall be secured by the identification and designation, on the custodial or other books and records of State Street relating to the Borrower, of Liquid Custodial Collateral as Securities Loan Collateral in accordance with Section 13.7 hereof (the “Cash Loan Collateral”), the Collateral Value of which Cash Loan Collateral shall equal or exceed the Cash Loan Margin Amount for such Cash Loan.
For the purposes of calculating the Loan Floating Rate, if on the date when LIBOR is set prior to the beginning of an Interest Period it is not possible for LIBOR to be determined by reference to a screen rate at the time that LIBOR is to be set for that Interest Period (a ‘Market Disruption Event’), the amount of interest payable to each affected Loan Lender during the Interest Period will be the aggregate of each Lender’s cost of funds during that monthly period and the Loan Margin.