Pricing Margin. The meaning set forth in the Fee Letter, which definition is incorporated by reference herein.
Pricing Margin. Defined in the Fee Letter.
Pricing Margin. With respect to each Flex Purchased Asset, the applicable Flex Pricing Margin, for each Core Purchased Asset, the applicable Core Pricing Margin, and for each CMBS Purchased Asset, the applicable CMBS Pricing Margin.
Examples of Pricing Margin in a sentence
In connection with any such increase in Purchase Price approved by Buyer hereunder, Seller shall execute and deliver to Buyer a new Confirmation in respect of the applicable Purchased Asset setting forth such Applicable Percentage, Pricing Margin and other terms as may be acceptable to Buyer in its sole discretion.
More Definitions of Pricing Margin
Pricing Margin. Defined in Schedule A to the Fee Letter, which definition is incorporated herein by reference.
Pricing Margin shall have the meaning set forth in the Side Letter.
Pricing Margin unless otherwise set forth in the related Confirmation, shall equal 1.65% per annum for all Purchased Securities.
Pricing Margin. With respect to an Eligible Underlying Asset, has the meaning set forth in the Fee Letter.
Pricing Margin means, as of any date, the Pricing Margin set forth below that corresponds to the Pricing Level in effect on such date: Pricing Level Pricing Margin (in basis points) Pricing Level A: 19.00 Pricing Level B: 23.00 Pricing Level C: 27.00 Pricing Level D: 30.00 Pricing Level E: 37.50 Pricing Level F: 60.00 Pricing Level G: 80.00 The Pricing Margin shall change as of the opening of business on any day that the Pricing Level changes pursuant to the definition of “Pricing Level.”
Pricing Margin means, for any day, with respect to any Eurodollar Loan or ABR Loan, as the case may be, the applicable percentage set forth below under the caption "Eurodollar Spread" or "ABR Spread", as the case may be, based upon the Senior Debt/Adjusted EBITDA Ratio as of the fiscal quarter end immediately preceding the most recent Determination Date: Eurodollar ABR SENIOR DEBT/ADJUSTED EBITDA RATIO SPREAD SPREAD --------------------------------- ------- ------ CATEGORY 1 Greater than or equal to 3.0 to 1.0 3.00% 2.00% CATEGORY 2 Less than 3.0 to 1.0 but greater than or equal 2.75% 1.75% to 2.5 to 1.0 CATEGORY 3 Less than 2.5 to 1.0 but greater than or equal 2.375% 1.375% to 2.0 to 1.0 CATEGORY 4 Less than 2.0 to 1.0 but greater than or equal 2.00% 1.00% to 1.5 to 1.0 CATEGORY 5 Less than 1.5 to 1.0 1.625% 0.625% ; PROVIDED that (a) until the Determination Date next following September 30, 2001, and (b) at any time when the Borrower has failed to deliver any financial statements and certificates required to have been delivered under Section 5.04(a) or (b), the Pricing Margin shall be determined by reference to Category 1. Each change in the Pricing Margin resulting from a change in the Senior Debt/Adjusted EBITDA Ratio shall be effective with respect to all Letters of Credit, Loans and Commitments outstanding on and after the date of delivery to the Administrative Agent of the financial statements and certificates required by Section 5.04(a) or (b) indicating such change until the date immediately preceding the next date of delivery of such financial statements and certificates indicating another such change. Notwithstanding the foregoing, (a) at any time during which the Borrower has failed to deliver the financial statements and certificates required by Section 5.04(a) or (b), or (b) at any time after the occurrence and during the continuance of an Event of Default, the Senior Debt/Adjusted EBITDA Ratio shall be deemed to be in Category 1 for purposes of determining the Pricing Margin.
Pricing Margin. (A) For each Bridge Purchased Asset (other than a Subordinate Interest), the applicable Bridge Pricing Margin, (B) for each CMBS Purchased Asset (other than a Legacy Purchased Asset), the applicable CMBS Pricing Margin, (C) for each Legacy Purchased Asset, the Pricing Margin specified for such Purchased Asset in the related Confirmation therefor and (D) for each Subordinate Interest (other than a Legacy Purchased Asset), the Subordinate Interest Pricing Margin.