Pricing Grid Table definition

Pricing Grid Table means each Pricing Grid Table which appears in section 2.7(f).
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Pricing Grid Table means, (a) during an Interest Coverage Period, the following pricing grid table: Applicable Eurodollar Margin for Applicable Eurodollar General Revolving Applicable Margin for Adjusted Leverage Ratio Loans Facility Fee Rate Term Loans -------------------------------------------------------------------------------------------- Greater than 3.50 to 1.00 275 basis points 50 basis points 325 basis points -------------------------------------------------------------------------------------------- Greater than 3.00 to 1.00 but less than or equal to 3.50 to 1.00 250 basis points 50 basis points 300 basis points -------------------------------------------------------------------------------------------- Greater than 2.50 to 1.00 but less than or equal to 3.00 to 1.00 225 basis points 50 basis points 275 basis points -------------------------------------------------------------------------------------------- Greater than 2.00 to 1.00 but less than or equal to 2.50 to 1.00 200 basis points 50 basis points 250 basis points -------------------------------------------------------------------------------------------- Less than or equal to 2.00 to 1.00 187.5 basis points 37.5 basis points 225 basis points -------------------------------------------------------------------------------------------- or, (b) at any time other than during an Interest Coverage Period, the following pricing grid table:
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Pricing Grid Table means the following pricing grid table: PRICING GRID TABLE (Expressed in Basis Points) ------------------------------------------------------------------------------------------------------------- Applicable Margin Applicable Margin Applicable for Eurocurrency for Prime Rate Facility Fee Rate Leverage Ratio Loans Loans ------------------------------------------------------------------------------------------------------------- Greater than 4.00 to 1.00 300.00 100.00 50.00 ------------------------------------------------------------------------------------------------------------- Greater than 3.50 to 1.00 275.00 75.00 50.00 but less than or equal to 4.00 to 1.00 ------------------------------------------------------------------------------------------------------------- Greater than 3.00 to 1.00 250.00 50.00 50.00 but less than or equal to 3.50 to 1.00 ------------------------------------------------------------------------------------------------------------- Greater than 2.50 to 1.00 225.00 0.00 37.50 but less than or equal to 3.00 to 1.00 ------------------------------------------------------------------------------------------------------------- Greater than 2.00 to 1.00 200.00 0.00 37.50 but less than or equal to 2.50 to 1.00 ------------------------------------------------------------------------------------------------------------- Less than or equal to 2.00 175.00 0.00 25.00 to 1.00 -------------------------------------------------------------------------------------------------------------
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Examples of Pricing Grid Table in a sentence

  • As used herein, the term "APPLICABLE COMMITMENT FEE RATE" means 22.50 basis points per annum; PROVIDED, that subsequent to the fiscal quarter of the Borrower ended nearest to March 31, 1998, the Applicable Commitment Fee Rate will be determined by the Administrative Agent in accordance with the Pricing Grid Table which appears in section 2.8(g), based on the ratio referred to in such Table.

  • Beginning with the fiscal quarter of the Borrower ended on or nearest to June 30, 1998, and continuing with each fiscal quarter thereafter, the Administrative Agent will determine the Applicable Facility Fee Rate in accordance with the Pricing Grid Table, based on the Borrower's ratio of (x)Total Indebtedness as of the end of its fiscal quarter, to (y) EBITDA for the Testing Period then ended, as referred to in section 9.7 and identified in such Table.

  • Beginning with the fiscal quarter of the Borrower ended on or nearest to June 30, 1998, and continuing with each fiscal quarter thereafter, the Administrative Agent will determine the Applicable Eurocurrency Margin for any Loan in accordance with the Pricing Grid Table, based on the Borrower's ratio of (x) Total Indebtedness as of the end of its fiscal quarter, to (y) EBITDA for the Testing Period then ended, as referred to in section 9.7 and identified in such Table.

  • Subsequent to the fiscal quarter of the Borrower ended on or nearest to March 31, 1998, the Administrative Agent will determine the Applicable Facility Fee Rate in accordance with such Pricing Grid Table, based on the Borrower's ratio (expressed as a percentage) of Consolidated Net Debt to Consolidated Capital as of the end of the most recent fiscal quarter or fiscal year for which financial statements have been delivered hereunder, and identified in such Table.

  • Commencing August 16, 2003 and each Interest Period thereafter, Bank will determine the Applicable Margin in accordance with the Pricing Grid Table, based on the consolidated Leverage Ratio of Guarantor for the most recently completed four (4) fiscal quarters, and identified in such Pricing Grid Table.

  • As used herein, the term "Applicable Eurodollar Margin", as applied to any Loan which is a Eurodollar Loan, means the rate per annum determined by the Administrative Agent in accordance with the Pricing Grid Table which appears below, based on the Company's Consolidated EBITDA/Interest Ratio and the following provisions.

  • Notwithstanding the above provisions, during any period when a Default or an Event of Default has occurred and is continuing, then the Applicable Commitment Fee Rate shall be the highest rate per annum indicated therefor in the Pricing Grid Table, regardless of the Borrower's ratio of Consolidated Total Debt to Consolidated EBITDA at such time.

  • Subsequent to the fiscal quarter of the Borrower ended on or nearest to March 31, 1998, the Administrative Agent will determine the Applicable Eurodollar Margin for any Loan in accordance with the Pricing Grid Table, based on the Borrower's ratio of Consolidated Total Indebtedness to Consolidated EBITDA as referred to in section 9.7 and identified in such Table.

  • As used herein, the term "APPLICABLE FACILITY FEE RATE" means 30.00 basis points per annum; PROVIDED, that subsequent to the fiscal quarter of the Borrower ended nearest to June 30, 1997, the Applicable Facility Fee Rate for each Facility will change to the rate per annum indicated in the Pricing Grid Table which appears in section 2.8(g), based on the ratio referred to in such Table.


More Definitions of Pricing Grid Table

Pricing Grid Table. Security Documents" and "Total General Revolving Commitments" therefrom and to insert in place thereof, respectively, the following:
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Pricing Grid Table means the following pricing grid table: Applicable Applicable Prime Rate Eurodollar Margin Margin for Applicable Applicable for General Eurodollar Prime Rate Applicable General Revolving Revolving Margin for Margin for Term Facility Fee Adjusted Leverage Ratio Loans Loans Term Loans Loans Rate ------------------------------------------------------------------------------------------------------------------------ Greater than 4.00 to 1.00 300 basis points 175 basis 350 basis points 225 basis points 50 basis points points Greater than 3.50 to 1.00 275 basis points 150 basis 325 basis points 200 basis points 50 basis points but less than 4.00 to 1.00 points Greater than 3.00 to 1.00 250 basis points 125 basis 300 basis points 175 basis points 50 basis points but less than or equal to points 3.50 to 1.00 Greater than 2.50 to 1.00 225 basis points 100 basis 275 basis points 150 basis points 50 basis points but less than or equal to points 3.00 to 1.00 Greater than 2.00 to 1.00 200 basis points 75 basis 250 basis points 125 basis points 50 basis points but less than or equal to points 2.50 to 1.00 Less than or equal to 2.00 187.5 basis points 50 basis 225 basis points 100 basis points 37.5 basis to 1.00 points points
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Pricing Grid Table shall have the meaning provided in section 2.7(g).
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Related to Pricing Grid Table

  • Pricing Grid the pricing grid attached hereto as Annex A.

  • 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 Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) ▇▇▇▇▇’▇ is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.