Applicable Revolver Index Margin definition

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

Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.2(a).

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

Examples of Applicable Revolver Index Margin in a sentence

• All Overadvances shall constitute Index Rate Loans and shall bear interest at the Index Rate plus the Applicable Revolver Index Margin and the default rate under Section 1.5(d).

• The Applicable Revolver Index Margin, Applicable Revolver LIBOR Margin, Applicable Term Loan Index Margin, Applicable Term Loan LIBOR Margin, Applicable L/C Margin, and Applicable Unused Line Fee Margin shall be 0.50%, 2.00%, 0.75%, 2.25%, 1.50%, and 0.375% per annum, respectively.

• The Applicable Revolver Index Margin, Applicable Revolver LIBOR Margin and Applicable Unused Line Fee Margin will be 1.0%, 2.75%, and 0.5% per annum, respectively.

• The Applicable Revolver Index Margin and Applicable Revolver LIBOR Margin shall be 0.50% and 2.00% per annum, respectively, as of the Closing Date.

• Borrower shall pay interest to Agent, for the ratable benefit of Lenders in accordance with the various Loans being made by each Lender, in arrears on each applicable Interest Payment Date, at the Index Rate plus the Applicable Revolver Index Margin per annum or, at the election of Borrower, the applicable LIBOR Rate plus the Applicable Revolver LIBOR Margin per annum, based on the aggregate Revolving Credit Advances outstanding from time to time.

More Definitions of Applicable Revolver Index Margin

Applicable Revolver Index Margin means one and one-half of one percent (1.50%) per annum.

Applicable Revolver Index Margin means the per annum

Applicable Revolver Index Margin means the per annum interest rate payable in addition to the Canadian Index Rate applicable to the Revolving Loan, as set forth in Section 1.5(a) of the Agreement.

Applicable Revolver Index Margin means (i) at all times prior to the Syndication Date, 2.75%, and (b) at all time on and after the Syndication Date, 0.50%.

Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.2(a). “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 1.2(a). “Asset Disposition” means the disposition whether by sale, lease, transfer, loss, damage, destruction, casualty, condemnation or otherwise of any of the following: (a) any of the Stock or other equity or ownership interest of any of Holdings’ Subsidiaries or (b) any or all of the assets of Holdings or any of its Subsidiaries other than sales of Inventory in good faith to customers for fair value in the ordinary course of business. “Assignment Agreement” has the meaning ascribed to it in Section 8.1(a). “Attributable Debt” in respect of a sale and lease transaction means, at the time of determination, the present value of the obligation of the lessee for net rental payments during the remaining term of the lease included in such sale and leaseback transaction including any period for which such lease has been extended or may, at the option of the lessor, be extended. Such present value shall be calculated using a discount rate equal to the rate of interest implicit in such transaction, determined in accordance with GAAP. “Average Borrowing Availability” has the meaning ascribed to it in Section 1.2(a). “Bankruptcy Code” means the provisions of Title 11 of the United States Code, 11 U.S.C. §§101 et seq. or other applicable bankruptcy, insolvency or similar laws. “Bankruptcy Court” has the meaning ascribed to it in the recitals of the Agreement. “Borrower” and “Borrowers” have the respective meanings ascribed to them in the preamble to the Agreement. “Borrower’s Certificate” means a certificate signed on such Borrower’s behalf by a Responsible Officer of such Borrower. “Borrower Representative” has the meaning ascribed to it in Section 1.13. “Borrowing Availability” means as of any date of determination the lesser of (i) the Maximum Amount less the aggregate amount of the Revolving Loans then outstanding (including, without duplication, the outstanding balance of Letter of Credit Obligations then outstanding), and (ii) the Borrowing Base less the aggregate amount of the Revolving Loans then outstanding (excluding from the amount of Revolving Loans, for purp...

Applicable Revolver Index Margin means the per annum interest rate equal to two and one-half percent (2.50%).

Applicable Revolver Index Margin means the per annum interest rate margin of minus 0.25%, payable in addition to the Index Rate applicable to the Revolving Loan.