Margin Determination Date definition

Margin Determination Date is defined in the definition of Applicable Margin.

Margin Determination Date means the Commencement Date and quarterly thereafter.

Margin Determination Date has the meaning set out in Section 3.06(d).

Examples of Margin Determination Date in a sentence

• The Applicable Margin shall be effective from one Margin Determination Date until the next Margin Determination Date.

• The Borrower shall use its best endeavours to ensure that such negotiations commence not later than the date falling 30 days before the Margin Determination Date.

• Interest Rate Setting The Servicer has agreed not to set such rate or rates of interest chargeable to Borrowers in respect of the Eligible Mortgage Loans or permit them to remain in effect at any time at such a level as would result in the weighted average of interest rates applicable to the Eligible Mortgage Loans (excluding Defaulted Mortgage Loans), as calculated on the Margin Determination Date, being less than the Minimum Mortgage Loan Rate.

• The Interest Rate will comprise the Base Rate (namely, the benchmarkfour-year swap rate at or around 3:00 p.m. on the Rate Set Date, as more fully set out in the definition of Base Rate in the Glossary) less the Margin (to be set on the Margin Determination Date).

• The Interest Rate will comprise the Base Rate less the Margin and will be announced by the Issuer through the Lead Manager on or before the Issue Date.The Margin will be a percentage rate per annum determined by the Issuer inconsultation with the Lead Manager on the Margin Determination Date on or before 23 June 2008 and will not subsequently change.

More Definitions of Margin Determination Date

Margin Determination Date means each date on which a quarterly Compliance Certificate is delivered. The first Margin Determination Date shall be the first such date after June 30, 1997.

Margin Determination Date means the fifteenth day following the date by which the Guarantor shall be required to deliver the quarterly financial statements and information under clauses (i) and (iii) of Subparagraph 4(a) of the Guaranty;

Margin Determination Date is defined in Section 1.3(c) hereof.

Margin Determination Date shall have the meaning provided in the definition of Applicable Margin. 16

Margin Determination Date is defined in the definition of Applicable Margin. “Material Plan” is defined in Section 8.1(g) hereof. “Net Income” means, with reference to any period, the net income (or net loss) of the Company and its Subsidiaries for such period as computed on a consolidated basis in accordance with GAAP, and, without limiting the foregoing, after deduction from gross income of all expenses and reserves, including reserves for all taxes on or measured by income, but excluding any extraordinary profits and also excluding any taxes on such profits. “Note” is defined in Section 1.1 hereof.

Margin Determination Date. Required Banks", "Revolving Credit Termination Date", "Senior Subordinated Indebtedness", "Senior Subordinated Indenture", "Senior Subordinated Notes" and "Substantial Guarantor" therefrom and to insert in place thereof, respectively, the following:

Margin Determination Date has the meaning assigned to that term in subsection 2.2A.