Examples of Pricing Level IV in a sentence
The Debt Rating shall be better than or equal to the ----------- Debt Rating designated in the Debt Rating Table for Performance Pricing Level IV.
The Borrower confirms that, as of the Effective Date, Pricing Level IV is in effect.
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.
If the Borrower fails to provide the Required Financial Information for a Calculation Date to the Lender, when required pursuant to this Agreement, the Applicable Margins shall be based on Pricing Level IV as set forth in the Pricing Grid until such time as the Required Financial Information is provided whereupon the Pricing Level shall be determined by the then current Total Funded Debt to EBITDA ratio.
Status Pricing Level I Pricing Level II Pricing Level III Pricing Level IV Pricing Level V Senior Debt Rating ≥ A/A/ A2 ≥ A-/A-/A3 ≥ BBB+/BBB+/Baa1 ≥ BBB/BBB/Baa2 < BBB/BBB/Baa2 Applicable Margin for Eurodollar Rate loans and Letter of Credit participation fees 0.900% 1.000% 1.075% 1.275% 1.475% Applicable for facility fees 0.100% 0.125% 0.175% 0.225% 0.275% Applicable Margin for ABR loans 0% 0% 0.