Tranche B Base Rate Margin definition

Tranche B Base Rate Margin has the meaning set forth in the definition of Applicable Margin.

Examples of Tranche B Base Rate Margin in a sentence

  • Each Series 1993 Term Loan shall bear interest from the date of the Series 1993 B Drawing and/or Series 1993 D Drawing to which it relates at a rate equal to the Base Rate plus the applicable Tranche B Base Rate Margin until such time, if any, as Borrower selects a different Tranche B Interest Rate.