Applicable Revolver LIBOR Margin definition

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).

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).

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).

Examples of Applicable Revolver LIBOR Margin in a sentence

• The Applicable Margins shall be as follows: Applicable Revolver Index Margin 2.75 % Applicable Revolver LIBOR Margin 3.75 % Applicable Term Loan Index Margin 2.75 % Applicable Term Loan LIBOR Margin 3.75 % 1 Borrower to supply account information.

• 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.

• Notwithstanding any other provision of this Agreement or the other Loan Documents, the Swing Line Loan shall constitute a Loan bearing interest at the commercial paper rate plus the Applicable Revolver LIBOR Margin for US Swing Line Advances or the Index Rate plus the Applicable Revolver BA Margin for Canadian Swing Line Advances in Canadian Dollars as provided in Section 1.5(a) and no Swing Line Loan shall remain outstanding for more than fifteen (15) days.

• The Applicable Revolver Index Margin, Applicable Revolver LIBOR Margin, the Applicable Standby L/C Margin and the Applicable Trade L/C Margin will be 0.75%, 2.00%, 2.00% and 1.75% per annum, respectively, as of the Closing Date.

• As of the Closing Date, the Applicable Margins are as follows: Applicable Revolver Index Margin 0.00 % Applicable Revolver LIBOR Margin 1.50 % Applicable L/C Margin 1.50 % The Applicable Margins shall be adjusted (up or down) prospectively on a quarterly basis on the first Business Day of each Fiscal Quarter as determined by average daily Borrowing Availability for the immediately preceding Fiscal Quarter, commencing October 1, 2006.

More Definitions of Applicable Revolver LIBOR Margin

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 Advances, as determined by reference to Section 2.4(b) of the Agreement.

Applicable Revolver LIBOR Margin means 2.75%.

Applicable Revolver LIBOR Margin means 3.00% per annum.

Applicable Revolver LIBOR Margin means the per annum interest rate

Applicable Revolver LIBOR Margin means three and one-quarter of one percent (3.25%) per annum.

Applicable Revolver LIBOR Margin and “Tangible Net Worth”.

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 purposes of this clause (ii), the outstanding balance of Letter of Credit Obligations then outstanding, to the extent that the same are included within the definition of Borrowing Base). “Borrowing Base” means, at any time, an amo...