Examples of Pricing Level III in a sentence
The Applicable Percentage in effect from the Closing Date through the date of delivery of the Compliance Certificate for the fiscal quarter ending December 31, 2011 shall be determined based on Pricing Level III.
In the event that, on any day, Best shall not have in effect a Best Rating, the Pricing Level shall be Pricing Level III.
Pricing Level I Pricing Level II Pricing Level III Pricing Level IV Pricing Level V ³BBB+/ Baa1/BBB+ BBB/ Xxx0/XXX XXX-/ Xxx0/XXX- XX+/ Xx0/XX+ £BB/ Ba2/BB 0.125% 0.150% 1.750% 0.300% 0.350% The foregoing pricing shall be based on the Public Debt Ratings.
Pricing Levels are referred to in ascending order, that is, Pricing Level I is the lowest Pricing Level and Pricing Level III is the highest Pricing Level.
Pricing Level III shall apply commencing on the Restatement Effective Date until adjusted pursuant to the immediately preceding paragraph.