{"component": "definition", "props": {"groups": [{"size": 7, "snippet": "the pricing grids and related provisions attached hereto as Annex A.", "snippet_links": [{"key": "related-provisions", "type": "clause", "offset": [22, 40]}], "samples": [{"hash": "ixxWWggfBb9", "uri": "/contracts/ixxWWggfBb9#pricing-grids", "label": "Credit Agreement (Auto Disposal of Memphis, Inc.)", "score": 21.0, "published": true}, {"hash": "hE6BKlfEs5q", "uri": "/contracts/hE6BKlfEs5q#pricing-grids", "label": "Credit Agreement (Del Pharmaceuticals, Inc.)", "score": 21.0, "published": true}, {"hash": "dkefo5dGPV2", "uri": "/contracts/dkefo5dGPV2#pricing-grids", "label": "Credit Agreement (IAA Acquisition Corp.)", "score": 21.0, "published": true}], "hash": "2e767493b2c9b8a9b16cf39a0565ddbb", "id": 1}, {"size": 1, "snippet": "is amended in its entirety by restating said definition as follows:", "snippet_links": [], "samples": [{"hash": "3S2IOQHHyV5", "uri": "/contracts/3S2IOQHHyV5#pricing-grids", "label": "Credit Agreement (Del Laboratories Inc)", "score": 18.0, "published": true}], "hash": "4526704b63ebd8cd91b9ee774630c9ad", "id": 2}, {"size": 1, "snippet": "means the Revolving Loans Pricing Grid or the Term Loans Pricing Grid, as the case may be.", "snippet_links": [{"key": "the-revolving-loans", "type": "clause", "offset": [6, 25]}, {"key": "pricing-grid", "type": "clause", "offset": [26, 38]}, {"key": "the-term-loans", "type": "clause", "offset": [42, 56]}, {"key": "the-case", "type": "definition", "offset": [74, 82]}], "samples": [{"hash": "6fc4oarDlX", "uri": "/contracts/6fc4oarDlX#pricing-grids", "label": "364 Day Competitive Advance and Revolving Credit Facility (Raytheon Co/)", "score": 21.0, "published": true}], "hash": "e380be111ea0dd1db1dd2307d511c167", "id": 3}, {"size": 1, "snippet": "Set out in Sections.", "snippet_links": [{"key": "set-out", "type": "definition", "offset": [0, 7]}], "samples": [{"hash": "5sNXK9n7np7", "uri": "/contracts/5sNXK9n7np7#pricing-grids", "label": "Loan and Security Agreement (Gymboree Corp)", "score": 18.0, "published": true}], "hash": "8a8eb1c94f7fc1f57faa1bc3db80a130", "id": 4}, {"size": 1, "snippet": "the tables set forth below (the \u201cRatings Based Pricing Grids\u201d). BBB+/Baa1 or better 0.775% 0.00% 0.15% BBB/Baa2 0.85% 0.00% 0.20% BBB-/Baa3 1.05% 0.05% 0.25% BB+/Ba1 1.20% 0.20% 0.30% below BB+/Ba1 or unrated 1.325% 0.325% 0.375% BBB+/Baa1 or better 0.85% 0.00% 0.15% BBB/Baa2 0.95% 0.00% 0.20% BBB-/Baa3 1.20% 0.20% 0.25% BB+/Ba1 1.40% 0.40% 0.30% below BB+/Ba1 or unrated 1.60% 0.60% 0.375% For purposes of the Ratings Based Pricing Grids, if at any time the Borrower has two (2) Credit Ratings, the Applicable Margin and Facility Fee Percentage shall be the rate per annum applicable to the highest Credit Rating; provided, that if the highest Credit Rating and the lowest Credit Rating are more than one ratings category apart, the Applicable Margin and Facility Fee Percentage shall be the rate per annum applicable to Credit Rating that is one ratings category below the highest Credit Rating. If at any time the Borrower has three (3) Credit Ratings, and such Credit Ratings are split, then: (A) if the difference between the highest and the lowest such Credit Ratings is one ratings category (e.g. Baa2 by \u2587\u2587\u2587\u2587\u2587\u2019\u2587 and BBB- by S&P or Fitch), the Applicable Margin and Facility Fee Percentage shall be the rate per annum that would be applicable if the highest of the Credit Ratings were used; and (B) if the difference between such Credit Ratings is two ratings categories (e.g. Baa1 by \u2587\u2587\u2587\u2587\u2587\u2019\u2587 and BBB- by S&P or Fitch) or more, the Applicable Margin and Facility Fee Percentage shall be the rate per annum that would be applicable if the average of the two (2) highest Credit Ratings were used; provided, that if such average is not a recognized rating category, then the Applicable Margin and Facility Fee Percentage shall be the rate per annum that would be applicable if the second highest Credit Rating of the three were used. If at any time the Borrower has only one Credit Rating (and such Credit Rating is from \u2587\u2587\u2587\u2587\u2587\u2019\u2587 or S&P), the Applicable Margin and Facility Fee Percentage shall be the rate per annum applicable to such Credit Rating. If the Borrower does not have a Credit Rating from either \u2587\u2587\u2587\u2587\u2587\u2019\u2587 or S&P, the Applicable Margin and Facility Fee Percentage shall be the rate per annum applicable to a Credit Rating of \u201cbelow BB+/Ba1 or unrated\u201d in the tables above. A change (if any) in the Applicable Margin and Facility Fee Percentage shall be effective immediately as of the date on which any of the rating agencies announces a change in the Credit Rating or the date on which the Borrower no longer has a Credit Rating from one of the rating agencies or the date on which the Borrower has a Credit Rating from a rating agency that had not provided a Credit Rating for the Borrower on the day immediately preceding such date, whichever is applicable.", "snippet_links": [{"key": "for-purposes-of-the", "type": "clause", "offset": [393, 412]}, {"key": "at-any-time", "type": "clause", "offset": [445, 456]}, {"key": "credit-ratings", "type": "clause", "offset": [482, 496]}, {"key": "applicable-margin", "type": "clause", "offset": [502, 519]}, {"key": "facility-fee-percentage", "type": "definition", "offset": [524, 547]}, {"key": "the-rate", "type": "clause", "offset": [557, 565]}, {"key": "per-annum", "type": "clause", "offset": [566, 575]}, {"key": "applicable-to", "type": "clause", "offset": [576, 589]}, {"key": "highest-credit-rating", "type": "definition", "offset": [594, 615]}, {"key": "lowest-credit-rating", "type": "definition", "offset": [669, 689]}, {"key": "ratings-category", "type": "definition", "offset": [708, 724]}, {"key": "the-credit", "type": "definition", "offset": [1270, 1280]}, {"key": "ratings-categories", "type": "definition", "offset": [1361, 1379]}, {"key": "rating-category", "type": "definition", "offset": [1655, 1670]}, {"key": "a-credit", "type": "definition", "offset": [2086, 2094]}, {"key": "effective-immediately", "type": "definition", "offset": [2369, 2390]}, {"key": "rating-agencies", "type": "definition", "offset": [2426, 2441]}, {"key": "a-change-in", "type": "definition", "offset": [2452, 2463]}, {"key": "rating-agency", "type": "definition", "offset": [2639, 2652]}, {"key": "for-the-borrower", "type": "clause", "offset": [2691, 2707]}, {"key": "the-day", "type": "definition", "offset": [2711, 2718]}], "samples": [{"hash": "bwqu652PKZZ", "uri": "/contracts/bwqu652PKZZ#pricing-grids", "label": "Credit Agreement (Vici Properties Inc.)", "score": 33.1067761807, "published": true}], "hash": "008786a8d95776ad4309159c4a83f3d5", "id": 5}, {"size": 1, "snippet": "the pricing grids and related provisions as amended in their entirety by Annex A attached to the First Amendment.", "snippet_links": [{"key": "related-provisions", "type": "clause", "offset": [22, 40]}, {"key": "as-amended", "type": "definition", "offset": [41, 51]}, {"key": "annex-a", "type": "definition", "offset": [73, 80]}, {"key": "the-first-amendment", "type": "clause", "offset": [93, 112]}], "samples": [{"hash": "3S2IOQHHyV5", "uri": "/contracts/3S2IOQHHyV5#pricing-grids", "label": "Credit Agreement (Del Laboratories Inc)", "score": 18.0, "published": true}], "hash": "63917406b1270a0ad09995038d45a08b", "id": 6}, {"size": 1, "snippet": "the tables set forth below (the \u201cRatings Based Pricing Grids\u201d).", "snippet_links": [], "samples": [{"hash": "ivBWiRT6X9x", "uri": "/contracts/ivBWiRT6X9x#pricing-grids", "label": "Revolving Credit and Term Loan Agreement (MPT Operating Partnership, L.P.)", "score": 28.1622176591, "published": true}], "hash": "0ed2fe9dd7b8cd4048e99c5b6f58d94d", "id": 7}, {"size": 1, "snippet": "(a) From and after the Closing Date and until the Debt Rating Pricing Election Date, the table set forth below (the \u201cLeverage Based Pricing Grids\u201d). For Revolving Loans: Total Leverage Ratio Applicable Margin for Revolving Loans which are Eurodollar Loans Applicable Margin for Revolving Loans which are ABR Loans <40% 1.70 % 0.70 % >40% and <50% 1.80 % 0.80 % >50% and <55% 2.00 % 1.00 % >55% 2.25 % 1.25 % For Term Loans: Total Leverage Ratio Applicable Margin for Term Loans which are Eurodollar Loans Applicable Margin for Term Loans which are ABR Loans <40% 1.60 % 0.60 % >40% and <50% 1.70 % 0.70 % >50% and <55% 1.95 % 0.95 % >55% 2.20 % 1.20 % For the purposes of the Leverage Based Pricing Grids, changes in the Applicable Margin resulting from changes in the Total Leverage Ratio shall become effective on the date (the \u201cAdjustment Date\u201d) that is three Business Days after the date on which financial statements are delivered to the Lenders pursuant to Section 6.1 and shall remain in effect until the next change to be effected pursuant to this paragraph. If any financial statements referred to above are not delivered within the time periods specified in Section 6.1, then, until the date that is three Business Days after the date on which such financial statements are delivered, the highest rate set forth in each column of the Leverage Based Pricing Grids shall apply. In addition, at all times while an Event of Default shall have occurred and be continuing, the highest rate set forth in each column of the Leverage Based Pricing Grids shall apply. Each determination of the Total Leverage Ratio pursuant to the Leverage Based Pricing Grids shall be made in a manner consistent with the determination thereof pursuant to Section 7.1. If at any time the financial statements upon which the Applicable Margin was determined were incorrect (whether based on a restatement, fraud or otherwise), the Borrower shall be required to retroactively pay any additional amount that the Borrower would have been required to pay if such financial statements had been accurate at the time they were delivered.", "snippet_links": [{"key": "from-and-after-the-closing-date", "type": "clause", "offset": [4, 35]}, {"key": "debt-rating-pricing-election-date", "type": "definition", "offset": [50, 83]}, {"key": "for-revolving-loans", "type": "clause", "offset": [149, 168]}, {"key": "total-leverage-ratio", "type": "definition", "offset": [170, 190]}, {"key": "applicable-margin", "type": "clause", "offset": [191, 208]}, {"key": "eurodollar-loans", "type": "definition", "offset": [239, 255]}, {"key": "abr-loans", "type": "definition", "offset": [304, 313]}, {"key": "term-loans", "type": "clause", "offset": [412, 422]}, {"key": "purposes-of-the", "type": "clause", "offset": [660, 675]}, {"key": "changes-in-the-applicable", "type": "clause", "offset": [706, 731]}, {"key": "resulting-from", "type": "definition", "offset": [739, 753]}, {"key": "the-total", "type": "clause", "offset": [765, 774]}, {"key": "effective-on-the", "type": "clause", "offset": [803, 819]}, {"key": "adjustment-date", "type": "definition", "offset": [831, 846]}, {"key": "days-after", "type": "definition", "offset": [872, 882]}, {"key": "the-lenders", "type": "clause", "offset": [939, 950]}, {"key": "section-61", "type": "clause", "offset": [963, 974]}, {"key": "in-effect", "type": "clause", "offset": [992, 1001]}, {"key": "change-to", "type": "definition", "offset": [1017, 1026]}, {"key": "time-periods", "type": "clause", "offset": [1142, 1154]}, {"key": "highest-rate", "type": "definition", "offset": [1299, 1311]}, {"key": "in-addition", "type": "clause", "offset": [1386, 1397]}, {"key": "at-all-times", "type": "definition", "offset": [1399, 1411]}, {"key": "default-shall", "type": "definition", "offset": [1430, 1443]}, {"key": "determination-of-the", "type": "clause", "offset": [1573, 1593]}, {"key": "pursuant-to-the", "type": "clause", "offset": [1615, 1630]}, {"key": "the-determination", "type": "clause", "offset": [1702, 1719]}, {"key": "section-71", "type": "clause", "offset": [1740, 1751]}, {"key": "at-any-time", "type": "clause", "offset": [1756, 1767]}, {"key": "the-financial-statements", "type": "definition", "offset": [1768, 1792]}, {"key": "based-on", "type": "clause", "offset": [1865, 1873]}, {"key": "the-borrower-shall", "type": "clause", "offset": [1910, 1928]}, {"key": "additional-amount", "type": "clause", "offset": [1966, 1983]}, {"key": "to-pay", "type": "clause", "offset": [2027, 2033]}, {"key": "at-the-time", "type": "clause", "offset": [2081, 2092]}], "samples": [{"hash": "9HCxEOku1NP", "uri": "/contracts/9HCxEOku1NP#pricing-grids", "label": "Revolving Credit and Term Loan Agreement (MPT Operating Partnership, L.P.)", "score": 25.4791238877, "published": true}], "hash": "f4c23f34af555c32102c84a4ca97c5f0", "id": 8}, {"size": 1, "snippet": "set forth in Section 1.1 of the Credit Agreement is hereby amended by adding the following proviso after the table entitled \u201cFor Term Loans:\u201d in clause (a) of such definition: \u201c; provided that if either the Total Leverage Ratio or the Unsecured Leverage Ratio exceeds 65%, then the Applicable Margins for both Revolving Loans and Term Loans shall be increased by 0.50% above the Applicable Margins otherwise applicable to a Total Leverage Ratio \u00b3 55% in the tables set forth above.\u201d", "snippet_links": [{"key": "section-11-of-the-credit-agreement", "type": "clause", "offset": [13, 48]}, {"key": "in-clause", "type": "clause", "offset": [142, 151]}, {"key": "provided-that", "type": "clause", "offset": [179, 192]}, {"key": "total-leverage-ratio", "type": "definition", "offset": [207, 227]}, {"key": "unsecured-leverage-ratio", "type": "clause", "offset": [235, 259]}, {"key": "applicable-margins", "type": "definition", "offset": [282, 300]}, {"key": "loans-shall", "type": "definition", "offset": [335, 346]}, {"key": "increased-by", "type": "clause", "offset": [350, 362]}, {"key": "applicable-to", "type": "clause", "offset": [408, 421]}], "samples": [{"hash": "1M72LRpP2pO", "uri": "/contracts/1M72LRpP2pO#pricing-grids", "label": "Revolving Credit and Term Loan Agreement (MPT Operating Partnership, L.P.)", "score": 26.1635865845, "published": true}], "hash": "082bb94efa25033b2111cc3d972b3097", "id": 9}, {"size": 1, "snippet": "set forth in Section 1.1 of the Existing Credit Agreement is hereby amended by inserting, immediately following the last sentence of the first full paragraph thereof, a new sentence as follows: Notwithstanding anything else herein to the contrary, if (i) the Total Leverage Ratio as of the last day of the most recently ending fiscal quarter of the Borrower as set forth in the corresponding Compliance Certificate delivered pursuant to Section 6.2(a) is less than or equal to 37.5% and (ii) the Borrower\u2019s Credit Rating is not lower than BBB-/Baa3 (determined in accordance with the immediately preceding paragraph), the Applicable Margin and Facility Fee Percentage shall be the rate per annum applicable for a Credit Rating of BBB/Baa2.", "snippet_links": [{"key": "existing-credit-agreement", "type": "definition", "offset": [32, 57]}, {"key": "the-last-sentence", "type": "clause", "offset": [112, 129]}, {"key": "total-leverage-ratio", "type": "definition", "offset": [259, 279]}, {"key": "day-of", "type": "clause", "offset": [295, 301]}, {"key": "fiscal-quarter", "type": "definition", "offset": [327, 341]}, {"key": "of-the-borrower", "type": "clause", "offset": [342, 357]}, {"key": "compliance-certificate", "type": "definition", "offset": [392, 414]}, {"key": "pursuant-to-section", "type": "clause", "offset": [425, 444]}, {"key": "equal-to", "type": "definition", "offset": [468, 476]}, {"key": "credit-rating", "type": "definition", "offset": [507, 520]}, {"key": "in-accordance-with", "type": "definition", "offset": [561, 579]}, {"key": "applicable-margin", "type": "clause", "offset": [622, 639]}, {"key": "facility-fee-percentage", "type": "definition", "offset": [644, 667]}, {"key": "the-rate", "type": "clause", "offset": [677, 685]}, {"key": "per-annum", "type": "clause", "offset": [686, 695]}, {"key": "a-credit", "type": "definition", "offset": [711, 719]}], "samples": [{"hash": "1QhyBqjfMqK", "uri": "/contracts/1QhyBqjfMqK#pricing-grids", "label": "Credit Agreement (VICI Properties L.P.)", "score": 32.8124572211, "published": true}], "hash": "7e8a3f51e221e0bff470c4b956671485", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIWcHJpY2luZy1ncmlkcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"title": "Pricing Grids", "size": 16, "snippet": "the pricing grids and related provisions attached hereto as Annex A.", "id": "pricing-grids", "examples": [], "related": [["pricing-grid", "Pricing Grid", "Pricing Grid"], ["pricing-level-v", "Pricing Level V", "Pricing Level V"], ["pricing-level-i", "Pricing Level I", "Pricing Level I"], ["pricing-level", "Pricing Level", "Pricing Level"], ["pricing-level-iv", "Pricing Level IV", "Pricing Level IV"]], "related_snippets": [], "updated": "2025-07-06T21:56:45+00:00"}, "json": true, "cursor": ""}}