Applicable Margin for Advances definition

Applicable Margin for Advances. With respect to interest based on the LIBO Rate, 3.25% per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Base Rate, 3.25% per annum (subject to increase in accordance with Section 3.01(b)).
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Applicable Margin for Advances. With respect to interest based on the LIBO Rate, 2.75% per annum. With respect to interest based on the Base Rate, 2.75% per annum.
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Applicable Margin for Advances. With respect to interest based on the Term SOFR Rate, 3.002.60% per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Base Rate, 3.002.60% per annum (subject to increase in accordance with Section 3.01(b)).
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Examples of Applicable Margin for Advances in a sentence

  • If, on any date the aggregate principal amount of the outstanding Advances is less than the Minimum Funding Amount specified in the definition of the term Minimum Funding Amount, then the Company shall pay the Lenders interest at a per annum rate equal to (i) the Applicable Margin for Advances in U.S. Dollars set forth on the Transaction Schedule multiplied by (ii) the amount equal to the Minimum Funding Amount minus the aggregate principal amount of the outstanding Advances.

  • All outstanding Advances shall bear interest (from and including the date on which such Advance is made) at a per annum rate equal to the LIBO Rate for each Calculation Period in effect plus the Applicable Margin for Advances set forth on the Transaction Schedule.

  • Applicable Margin for Advances in CAD: With respect to interest based on the CDOR Rate, 2.55% per annum.

  • All outstanding Advances shall bear interest (from and including the date on which such Advance is made) at a per annum rate equal to the Reference Rate (except as expressly set forth herein) for each Calculation Period in effect plus the Applicable Margin for Advances set forth on the Transaction Schedule.

  • In addition, if, at any time during the Reinvestment Period, the outstanding Advances are less than the Adjusted Principal Amount at such time, the Company shall incur interest on the difference of the Adjusted Principal Amount minus the amount of Advances at such time at a per annum rate equal to the Applicable Margin for Advances set forth on the Transaction Schedule.

  • Applicable Margin for Advances: With respect to interest based on the LIBO Rate, 3.10% per annum (subject to increase in accordance with Section 3.01(b)).

  • Applicable Margin for Advances in U.S. Dollars: With respect to interest based on the LIBO Rate, 2.50% per annum.

  • The Applicable Margin for Advances shall be based on the Borrower's Rating and shall be determined in accordance with the table set forth below.

  • With respect to interest based on any Base Rate Advance, 2.375% per annum (subject to increase in accordance with Section 3.01(b)); provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be the applicable percentage specified above plus 0.1193% per annum.

  • Applicable Margin for Advances: With respect to interest based on the LIBO Rate, 3.25% per annum (subject to increase in accordance with Section 3.01(b)).


More Definitions of Applicable Margin for Advances

Applicable Margin for Advances. With respect to interest based on the applicable Reference Rate, 2.40% per annum; provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be 2.40% plus the Applicable XXXXX Adjustment per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the applicable Base Rate, 2.40% per annum ; provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be 2.40% plus the Applicable XXXXX Adjustment per annum (subject to increase in accordance with Section 3.01(b)). 5 Account Numbers Custodial Account: 191202-700 Interest Collection Account: 191202-201 Principal Collection Account: 191202-202 MV Cure Account: 191202-701 Unfunded Exposure Account: 191202-203 Permitted Non-USD Currency Accounts CAD: CAD Custodial Account: To be set forth in the applicable Permitted Non-USD Currency Account Opening Notice CAD Interest Collection Account: To be set forth in the applicable Permitted Non-USD Currency Account Opening Notice CAD Principal Collection Account: To be set forth in the applicable Permitted Non-USD Currency Account Opening Notice CAD Unfunded Exposure Account: To be set forth in the applicable Permitted Non-USD Currency Account Opening Notice GBP:
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Applicable Margin for Advances. With respect to interest based on the Benchmark, 2.45% per annum; provided that, in the case of
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Applicable Margin for Advances. With respect to Advances denominated in USD: With respect to interest based on the Benchmark, (i) initially 2.46% per annum and (ii) upon the direction of the Required Financing Providers, during the occurrence and continuation of an Event of Default, 4.46%. With respect to interest based on the Base Rate, (i) initially 2.46% per annum and (ii) upon the direction of the Required Financing Providers, during the occurrence and continuation of an Event of Default, 4.46%. With respect to Advances denominated in a Permitted Non-USD Currency:With respect to interest based on any Benchmark, (i) initially 2.46% per annum and (ii) upon the direction of the Required Financing Providers, during the occurrence and continuation of an Event of Default, 4.46%; provided that (x) in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be 2.46% plus 0.1193% per annum and
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Applicable Margin for Advances. With respect to interest based on a Reference Rate other than a Term SOFR Rate, (a) if the then current Financing Commitments are U.S.$750,000,000 or less, 2.70% per annum; provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be, 2.8193% per annum (in each case, subject to increase in accordance with Section 3.01(b)) and
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Applicable Margin for Advances. With respect to interest based on the applicable Reference Rate, (i) during Stage 1, 2.25% per annum and (ii) thereafter, 2.70% per annum (in each case, subject to increase in accordance with Section 3.01(b)). With respect to interest based on the applicable Base Rate, (i) during Stage 1, 2.25% per annum and (ii) thereafter, 2.70% per annum (in each case, subject to increase in accordance with Section 3.01(b)).
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Applicable Margin for Advances. With respect to Tranche A Advances: With respect to interest based on thea Benchmark, 2.45% per annum; provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be 2.5693% per annum (in each case, subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Term SOFR Rate, 2.55% per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Base Rate, 2.55% per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Base Rate, 2.45% per annum; provided that, in the case of Advances denominated in GBP, the Applicable Margin for Advances shall be 2.5693% per annum (in each case, subject to increase in accordance with Section 3.01(b)). With respect to Tranche B Advances: With respect to interest based on the Term SOFR Rate, 2.55% per annum (subject to increase in accordance with Section 3.01(b)). With respect to interest based on the Base Rate, 2.55% per annum (subject to increase in accordance with Section 3.01(b)).
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Related to Applicable Margin for Advances

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

  • Applicable Margins means collectively the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 125.0 III 175.0 IV 250.0

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

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Eurodollar Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Applicable Prime Rate Margin shall have the meaning provided in section 2.7(g).

  • Applicable Base Rate Margin means, on any day, a rate per annum equal to the higher of (a) the Applicable Eurocurrency Margin for such day minus 1.00% and (b) 0.00%.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • Applicable Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: Rating Base Rate Spread LIBO Rate Spread A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.805 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.920 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.030 % 1.030 % BBB by Standard & Poor’s Baa2 by Moody’s 0.140 % 1.140 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.250 % 1.250 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.250% as to any Base Rate Advance and 1.250% as to any LIBO Rate Advance.

  • Prime Rate Margin is set forth on Schedule I hereto.

  • Applicable Revolver LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Applicable ABR Margin means, at any date:

  • Revolving Advances means Advances made other than Letters of Credit.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).