Applicable ABR Margin definition

Applicable ABR Margin means, at any date:
Applicable ABR Margin means, as at any date of determination, the margin indicated in Section 2.05 as then applicable to ABR Loans and Swing Line Loans (under Section 2.07(a)(i)).
Applicable ABR Margin means at any date, with respect to each ABR Loan that is a Term Loan, the applicable percentage per annum set forth below based upon the Status in effect on such date: Status Applicable ABR Margin Level I Status 3.00 % Level II Status 2.75 % It is understood and agreed that as of the 2013 Refinancing Amendment Effective Date, the Applicable ABR Margin with respect to all ABR Loans shall be 3.00%.

Examples of Applicable ABR Margin in a sentence

  • The unpaid principal amount of each ABR Loan shall bear interest from the date of the Borrowing thereof until maturity (whether by acceleration or otherwise) at a rate per annum that shall at all times be the Applicable ABR Margin plus the ABR in effect from time to time.

  • The Applicable ABR Margin and the Applicable LIBOR Margin shall have the same meaning as set forth in the Credit Agreement after giving effect to the Amendment No. 2.

  • Notwithstanding the foregoing and the Applicable Ratings Category on the Closing Date, prior to the delivery of the financial statements for the fiscal year of the Company ending January 2, 2015, the Applicable ABR Margin, Applicable Eurocurrency Rate Margin and Applicable Commitment Fee Percentage shall be determined by reference to Category 3.

  • It is understood and agreed that any change in the Applicable ABR Margin occurring as a result of the Ratings Condition having been satisfied shall be effective as of the first Business Day after the day on which the Ratings Condition has been satisfied.

  • The Applicable ABR Margin or Applicable LIBOR Margin, as applicable, for Loans under the New Revolving Credit Commitments shall be the same as those applicable to Revolving Credit Loans.


More Definitions of Applicable ABR Margin

Applicable ABR Margin means, at any date, with respect to each ABR Loan, 4.50% per annum.
Applicable ABR Margin means at any date:
Applicable ABR Margin means at any date: (a) with respect to each ABR Loan that is a Term Loan, 3.00% per annum, (b) with respect to each ABR Loan that is a Term C Loan, 3.00% per annum, and (c) with respect to each ABR Loan that is a Revolving Credit Loan, 2.25% per annum.
Applicable ABR Margin means, as at any date of determination, the rate per annum then applicable to ABR Loans determined in accordance with the provisions of Section 2.13(d).
Applicable ABR Margin means, with respect to each ABR Loan at any date, the applicable percentage per annum set forth below based upon (a) whether such loan is a Revolving Credit Loan, a Swingline Loan or a Term Loan and (b) the Status in effect on such date: Applicable ABR Loan Status Margin ---- ------ -------------- Revolving Credit Loans and Level I Status 1.250% Swingline Loans Level II Status 1.000% Level III Status 0.500% Level IV Status 0.250% Level V Status 0.000% Term Loans Level I Status 1.750% Level II Status 1.500% Level III Status 1.250%
Applicable ABR Margin means at any date, with respect to each ABR Loan that is a Revolving Credit Loan or a Swingline Loan, the applicable percentage per annum set forth below based upon the Status in effect on such date: Applicable ABR Margin for Status Revolving Credit Loans and Swingline Loans Level I Status 2.00 % Level II Status 1.75 % Level III Status 1.50 %
Applicable ABR Margin means, at any date, with respect to each ABR Loan that is an Initial Term Loan, Delayed Draw Term Loan, Revolving Credit Loan or a Swingline Loan, the applicable percentage per annum set forth below based upon the Status in effect on such date: Applicable ABR Margin for: Status Initial Term Loans Delayed Draw Term Loans Revolving Credit and Swingline Loans Level I Status 1.75 % 1.75 % 1.75 % Level II Status 1.50 % 1.50 % 1.50 % Level III Status 1.25 % 1.25 % 1.25 % Notwithstanding the foregoing, Level I Status shall apply during the period from and including the Original Closing Date to but excluding the Trigger Date.