Tranche B Applicable Margin definition

Tranche B Applicable Margin. 1.50% per annum.

Tranche B Applicable Margin means, for any Tranche B Loans and Tranche B Loan Certificates, 4.85% per annum.

Tranche B Applicable Margin means (a) with respect to the Eurodollar Loans, four and thirty-five hundredths percent (4.35%), and (b) with respect to the Base Rate Loans, three and thirty-five hundredths percent (3.35%).

Examples of Tranche B Applicable Margin in a sentence

• The principal of the Tranche B Loans will accrue from the date of their respective disbursement and to the Tranche B Due Date a rate of interest equal to the sum of: /i/ the Nominal TAB (Chilean Inter-Bank) Rate for 90 days; plus /ii/ the Tranche B Applicable Margin.

• The unpaid principal amount of each Prime Rate Advance shall bear interest prior to maturity at a rate per annum equal to the Base Rate per annum PLUS (i) for Tranche A Loans, the Tranche A Applicable Margin for Prime Rate Advances, or (ii) for Tranche B Loans, the Tranche B Applicable Margin for Prime Rate Advances.

• Subject to the provisions of Section 2.06(c), (i) the Tranche A Loans comprising each ABR Borrowing shall bear interest at a rate per annum equal to the Alternate Base Rate plus the Tranche A Applicable Margin in effect from time to time and (ii) the Tranche B Loans comprising each ABR Borrowing shall bear interest at a rate per annum equal to the Alternate Base Rate plus the Tranche B Applicable Margin in effect from time to time.

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More Definitions of Tranche B Applicable Margin

Tranche B Applicable Margin means 6.75%.

Tranche B Applicable Margin has the meaning assigned to that term in subsection 2.2B.

Tranche B Applicable Margin means at any time:

Tranche B Applicable Margin or notice of the occurrence of an Event of Default, with a copy to Libbey at 300 Madison Avenue, Toledo, Ohio 43604, Attention: VP and Treasurer, Xxxxxxxxx: (000) 000-0000, Xxxxxxxxx: (419) 325-2117); if to any Lender, at itx Xxxxxxx Xxxxces specified opposite its name on Schedule II; if to the Administrative Agent or the Collateral Agent, at their respective Notice Offices; or, as to Comercial, Vitrocrisa, the Collateral Agent or the Administrative Agent, at such other address as shall be designated by such party in a written notice to the other parties hereto and, as to each other party, at such other address as shall be designated by such party in a written notice to Comercial, the Collateral Agent and the Administrative Agent. All such notices and communications shall, when sent by facsimile or private express courier, be effective when sent by facsimile, or delivered to such private express courier, as the case may be, in each case confirmed by telephone, except that notices and communications to the Administrative Agent or to the Collateral Agent shall not be effective until received by such Agent.

Tranche B Applicable Margin means 1.75% annually.

Tranche B Applicable Margin means a percentage per annum equal to (a) 3.00% in the case of Tranche B Loans that are Eurodollar Loans and (b) 2.00% in the case of Tranche B Loans that are ABR Loans.

Tranche B Applicable Margin means, at any time of determination of the Eurodollar Rate, the rate per annum set forth opposite the then applicable rating category for the senior unsecured long-term debt of AMAT (such rate changing from time to time on the date of each change in the rating for the unsecured long-term debt of AMAT): RATING CATEGORY APPLICABLE MARGIN --------------- ----------------- A or higher by S&P A2 or higher by Moody's 0.325% A- by S&P A3 by Moody's 0.350% BBB+ by S&P Baa1 by Moody's 0.400% BBB by S&P Baa2 by Moody's 0.475% BBB- by S&P -42- 43 Baa3 by Moody's 0.550% lower than BBB- by S&P lower than Baa3 by Moody's 1.000% If the ratings established or deemed established by Moody's and S&P shall fall in different categories, the higher rating category and, therefore, the lower Tranche B Applicable Margin shall apply. If neither Moody's nor S&P shall have in effect a rating for such debt, then the highest Tranche B Applicable Margin shall apply.