Pricing Floor definition

Pricing Floor has the meaning assigned to such term in the Pricing Side Letter.
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Pricing Floor shall have the meaning set forth in the Schedule of Facility Information
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Pricing Floor shall equal:
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Examples of Pricing Floor in a sentence

  • Pricing Floor plan loans usually are priced at a specific margin above a specified index rate.

  • The Pricing Floor shall be proportionally adjusted to account for any stock split, reverse stock split, stock dividend, recapitalization, Contribution or other transaction affecting the number of outstanding shares of the Purchaser.

  • Furthermore, TSYS’ prior written approval shall be required for any pricing levels to be provided below the Pricing Floor.

  • Following an Index Rate Transition Event and until this Agreement has been amended to replace the Index Rate with a Successor Rate in accordance with the terms hereof, the Pricing Rate shall be a rate per annum equal to the greater of (a) the Prime Rate and (b) the Pricing Floor (any such rate, a “Successor Rate”).

  • Pricing Floor Limit ARTC has proposed to retain the floor limit definition from the approved 2002 Access Undertaking.

  • Tenant shall not permit any use of the Premises or any portion thereof for any occupancy density which is greater than the density shown on the Pricing Floor Plan described on Exhibit C; however, if Tenant adds an Expansion Space, it may increase that density during the improvement of the Expansion Space by the people who will be occupying it, but only in accordance with Law.


More Definitions of Pricing Floor

Pricing Floor means [***].
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Related to Pricing Floor

  • Lowest floor means the lowest floor of the lowest enclosed area (including basement). An unfinished or flood resistant enclosure, usable solely for parking of vehicles, building access, or limited storage in an area other than a basement area is not considered a building's lowest floor, provided that such an enclosure is not built so as to render the structure in violation of the applicable non-elevation design requirements of this ordinance.

  • SOFR Floor means a rate of interest per annum equal to zero basis points (0.00%).

  • Pricing Page means the pages, contained in wvOASIS or attached as Exhibit A, upon which Vendor should list its proposed price for the Contract Items.

  • Pricing Date means, for any Fiscal Quarter of the Borrower ending on or after September 30, 2018, the date on which the Administrative Agent is in receipt of the Borrower’s most recent Compliance Certificate and financial statements (and, in the case of the year-end financial statements, audit report) (the “Borrower Information”) for the Fiscal Quarter then ended, pursuant to Section 8.5 hereof. The Applicable Margin shall be established based on the Consolidated Leverage Ratio for the most recently completed Fiscal Quarter and the Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If the Borrower has not delivered the Borrower Information by the date the same is required to be delivered under Section 8.5 hereof, then until such Borrower Information is delivered, the Applicable Margin shall be the highest Applicable Margin (i.e., Level IV shall apply); provided, the Administrative Agent will provide notice to Borrower when such highest Applicable Margin goes into effect. If the Borrower subsequently delivers such Borrower Information before the next Pricing Date, the Applicable Margin established by such late delivered Borrower Information shall take effect from the date of delivery until the next Pricing Date. In all other circumstances, the Applicable Margin established by such Borrower Information shall be in effect from the Pricing Date that occurs immediately after the end of the Fiscal Quarter covered by such Borrower Information until the next Pricing Date. Each determination of the Applicable Margin made by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the Borrower and the Lenders if reasonably determined. The parties understand that the Applicable Margin set forth herein shall be determined and may be adjusted from time to time based upon the Borrower Information. If it is subsequently determined that any such Borrower Information was incorrect (for whatever reason, including, without limitation, because of a subsequent restatement of earnings by the Borrower or Global Medical REIT) at the time it was delivered to the Administrative Agent and the Lenders, and if the applicable interest rate or fees calculated for any period were lower than they should have been had the correct information been timely provided, then such Applicable Margin for such period shall be automatically recalculated using the correct Borrower Information. The Administrative Agent shall promptly notify the Borrower in writing of any additional interest and fees due because of such recalculation, and the Borrower shall pay within five (5) Business Days of receipt of such written notice such additional interest or fees due to the Administrative Agent, for the account of each Lender holding Commitments and Loans at the time the additional interest and fee payment is received. Any recalculation of the Applicable Margin required by this provision shall survive the termination of this Agreement, and this provision shall not in any way limit any of the Administrative Agent’s or any Lender’s other rights under this Agreement.

  • Pricing Period means the five (5) consecutive Trading Days after the Advance Notice Date.

  • Floor means the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment or renewal of this Agreement or otherwise) with respect to USD LIBOR.

  • Pricing Rate the per annum percentage rate for determination of the Price Differential;

  • Ground floor means a floor of a building with a building entrance on an accessible route. A building may have more than one ground floor.

  • Special Servicing Fee Rate With respect to each Specially Serviced Mortgage Loan and each REO Loan, 0.25% per annum.

  • Pricing Side Letter means that certain letter agreement between Buyer and Seller, dated as of the date hereof, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Rear Yard means a yard extending across the full width of a parcel measured perpendicularly from the rear wall(s) of the main building situated on the parcel to the rear property boundary of the parcel [see sketch in Schedule B];

  • Side Yard means a yard extending from the front yard to the rear yard between the side boundary of the parcel and the wall of main building thereon [see sketch in Schedule B];

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Pricing Schedule means the Schedule attached hereto identified as such.