Common use of Applicable Margin Clause in Contracts

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. ≥ A- / A3 / A- 0.8750.750 % 0.000 % B. BBB+ / Baa1/ BBB+ 1.0000.875 % 0.000 % C. BBB / Baa2 / BBB 1.1251.000 % 0.1250.000 %

Appears in 1 contract

Sources: Third Amended and Restated Multicurrency Revolving Credit Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. ³ A- / or A3 / A- 0.8750.750 0.550 % 0.000 0.00 % B. BBB+ / Baa1/ BBB+ 1.0000.875 or Baa1 0.675 % 0.000 0.00 % C. BBB / or Baa2 / BBB 1.1251.000 0.800 % 0.1250.000 0.00 % D. BBB- or Baa3 0.925 % 0.00 % E. BB+ or Ba1 1.125 % 0.125 % F. £ BB or Ba2 1.375 % 0.375 %

Appears in 1 contract

Sources: Term Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. ≥ A- / A3 / A- 0.8750.750 > BBB+ or Baa1 1.350 % 0.000 0.350 % B. BBB+ / Baa1/ BBB+ 1.0000.875 BBB or Baa2 1.600 % 0.000 0.600 % C. BBB / Baa2 / BBB 1.1251.000 BBB- or Baa3 1.850 % 0.1250.000 0.850 % D. BB+ or Ba1 2.100 % 1.100 % E. < BB or Ba2 2.600 % 1.600 %

Appears in 1 contract

Sources: Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate LIBOR Advance Applicable Margin Base Rate Advance Applicable Margin A. ≥ A- / A3 / A- 0.8750.750 > BBB+ or Baa1 1.075 % 0.000 0.075 % B. BBB+ / Baa1/ BBB+ 1.0000.875 BBB or Baa2 1.350 % 0.000 0.350 % C. BBB / Baa2 / BBB 1.1251.000 BBB- or Baa3 1.625 % 0.1250.000 0.625 % D. BB+ or Ba1 1.900 % 0.900 % E. < BB or Ba2 2.400 % 1.400 %

Appears in 1 contract

Sources: Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. ³ A- / A3 / A- 0.8750.750 0.875% 0.000 0.000% 0.08% B. BBB+ / Baa1/ BBB+ 1.0000.875 1.000% 0.000 0.000% 0.10% C. BBB / Baa2 / BBB 1.1251.000 1.125% 0.1250.000 0.125% 0.11% D. BBB- / Baa3 / BBB- 1.250% 0.250% 0.15% E. BB+ / Ba1 / BB+ 1.500% 0.500% 0.20% F. £ BB/ Ba2 / BB 1.750% 0.750% 0.30%

Appears in 1 contract

Sources: 364 Day Term Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and A. > BBB or Baa2 0.500% 0.000% B. BBB or Baa2 0.625% 0.000% C. BBB- or Baa3 0.750% 0.000% D. BB+ or Ba1 0.875% 0.000% . ▇ ▇▇ ▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. ≥ A- / A3 / A- 0.8750.750 1.000% 0.000 % B. BBB+ / Baa1/ BBB+ 1.0000.875 % 0.000 % C. BBB / Baa2 / BBB 1.1251.000 % 0.1250.000 0.000%

Appears in 1 contract

Sources: Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate LIBOR Advance Applicable Margin Base Rate Advance Applicable Margin A. ³ A-/A3/A- / A3 / A- 0.8750.750 0.875 % 0.000 % B. BBB+/Baa1/BBB+ / Baa1/ BBB+ 1.0000.875 1.000 % 0.000 % C. BBB/Baa2/BBB / Baa2 / BBB 1.1251.000 1.125 % 0.1250.000 0.125 % D. BBB-/Baa3/BBB- 1.250 % 0.250 % E. BB+/Ba1/BB+ 1.500 % 0.500 % F. £ BB/Ba2/BB 1.750 % 0.750 %

Appears in 1 contract

Sources: Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. > A- / A3 / A- 0.8750.750 0.875% 0.000 0.000% 0.08% B. BBB+ / Baa1/ BBB+ 1.0000.875 1.000% 0.000 0.000% 0.10% C. BBB / Baa2 / BBB 1.1251.000 1.125% 0.1250.000 0.125% 0.11% D. BBB- / Baa3 / BBB- 1.250% 0.250% 0.15% E. BB+ / Ba1 / BB+ 1.500% 0.500% 0.20% F. < BB/ Ba2 / BB 1.625% 0.625% 0.30%

Appears in 1 contract

Sources: 3 Year Term Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. > A- / A3 / A- 0.8750.750 0.875 % 0.000 % 0.08 % B. BBB+ / Baa1/ BBB+ 1.0000.875 1.000 % 0.000 % 0.10 % C. BBB / Baa2 / BBB 1.1251.000 1.125% 0.1250.000 0.125% 0.11% D. BBB- / Baa3 / BBB- 1.250% 0.250% 0.15% E. BB+ / Ba1 / BB+ 1.500% 0.500% 0.20% F. < BB/ Ba2 / BB 1.750% 0.750% 0.30%

Appears in 1 contract

Sources: Term Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate LIBOR Advance Applicable Margin Base Rate Advance Applicable Margin A. ≥ A- / A3 / A- 0.8750.750 ³ BBB+ or Baa1 1.125 % 0.000 0.125 % B. BBB+ / Baa1/ BBB+ 1.0000.875 BBB or Baa2 1.250 % 0.000 0.250 % C. BBB / Baa2 / BBB 1.1251.000 BBB- or Baa3 1.500 % 0.1250.000 0.500 % D. BB+ or Ba1 1.750 % 0.750 % ▇. £ ▇▇ ▇▇ ▇▇▇ 2.250 % 1.250 %

Appears in 1 contract

Sources: Term Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. ³ A- / A3 / A- 0.8750.750 0.875% 0.000 0.000% 0.0800% B. BBB+ / Baa1/ BBB+ 1.0000.875 1.000% 0.000 0.000% 0.1000% C. BBB / Baa2 / BBB 1.1251.000 1.125% 0.1250.000 0.125% 0.1100% D. BBB- / Baa3 / BBB- 1.250% 0.250% 0.1500% E. BB+ / Ba1 / BB+ 1.500% 0.500% 0.2000% F. £ BB/ Ba2 / BB 1.750% 0.750% 0.3000%

Appears in 1 contract

Sources: Term Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. ≥ A- / A3 / > A-/A3/A- 0.8750.750 % 0.000 % B. BBB+ / Baa1/ BBB+/Baa1/BBB+ 1.0000.875 % 0.000 % C. BBB / Baa2 / BBB/Baa2/BBB 1.1251.000 % 0.1250.000 %

Appears in 1 contract

Sources: Revolving Credit Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate LIBOR Advance Applicable Margin Base Rate Advance Applicable Margin A. > A- / A3 / A- 0.8750.750 0.875% 0.000 0.000% B. BBB+ / Baa1/ BBB+ 1.0000.875 1.000% 0.000 0.000% C. BBB / Baa2 / BBB 1.1251.000 1.125% 0.1250.000 0.125% D. BBB- / Baa3 / BBB- 1.250% 0.250% E. BB+ / Ba1 / BB+ 1.500% 0.500% F. < BB/ Ba2 / BB 1.750% 0.750%

Appears in 1 contract

Sources: Multicurrency Revolving Credit Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. > A-/A3/A- / A3 / A- 0.8750.750 0.875 % 0.000 % B. BBB+/Baa1/BBB+ / Baa1/ BBB+ 1.0000.875 1.000 % 0.000 % C. BBB/Baa2/BBB / Baa2 / BBB 1.1251.000 1.125 % 0.1250.000 0.125 % D. BBB-/Baa3/BBB- 1.250 % 0.250 % E. BB+/Ba1/BB+ 1.500 % 0.500 % F. < BB/Ba2/BB 1.750 % 0.750 %

Appears in 1 contract

Sources: Revolving Credit Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate LIBOR Advance Applicable Margin Base Rate Advance Applicable Margin A. ≥ A- / A3 / A- 0.8750.750 > BBB+ or Baa1 1.250 % 0.000 0.250 % B. BBB+ / Baa1/ BBB+ 1.0000.875 BBB or Baa2 1.500 % 0.000 0.500 % C. BBB / Baa2 / BBB 1.1251.000 BBB- or Baa3 1.750 % 0.1250.000 0.750 % D. BB+ or Ba1 2.000 % 1.000 % E. < BB or Ba2 2.500 % 1.500 %

Appears in 1 contract

Sources: Term Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate LIBOR Advance Applicable Margin Base Rate Advance Applicable Margin A. > A- / A3 / A- 0.8750.750 0.875 % 0.000 % B. BBB+ / Baa1/ BBB+ 1.0000.875 1.000 % 0.000 % C. BBB / Baa2 / BBB 1.1251.000 1.125 % 0.1250.000 0.125 % D. BBB- / Baa3 / BBB- 1.250 % 0.250 % E. BB+ / Ba1 / BB+ 1.500 % 0.500 % F. < BB/ Ba2 / BB 1.750 % 0.750 %

Appears in 1 contract

Sources: Term Loan Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term LIBORTerm Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. > A- / A3 / A- 0.8750.750 0.875% 0.000 0.000% B. BBB+ / Baa1/ BBB+ 1.0000.875 1.000% 0.000 0.000% C. BBB / Baa2 / BBB 1.1251.000 1.125% 0.1250.000 0.125% D. BBB- / Baa3 / BBB- 1.250% 0.250% E. <BB+ / Ba1 / BB+ 1.500% 0.500% F. < BB/ Ba2 / BB 1.750% 0.750%

Appears in 1 contract

Sources: Multicurrency Revolving Credit Agreement (American Tower Corp /Ma/)

Applicable Margin. (i) With respect to any Loans, the Applicable Margin shall be a percentage per annum determined by reference to the Applicable Debt Rating (as such Applicable Debt Rating is determined pursuant to Section 2.3(f)(ii)) in effect on such date as set forth below: Applicable Debt Rating Term Rate Advance and ▇▇▇▇▇ Rate Advance Applicable Margin Base Rate Advance Applicable Margin A. > A- / A3 / A- 0.8750.750 0.750% 0.000 0.000% 0.08% B. BBB+ / Baa1/ BBB+ 1.0000.875 0.875% 0.000 0.000% 0.10% C. BBB / Baa2 / BBB 1.1251.000 1.000% 0.1250.000 0.000% 0.11% D. BBB- / Baa3 / BBB- 1.125% 0.125% 0.15% E. BB+ / Ba1 / BB+ 1.375% 0.375% 0.20% F. < BB/ Ba2 / BB 1.500% 0.500% 0.30%

Appears in 1 contract

Sources: 364 Day Term Loan Agreement (American Tower Corp /Ma/)