Common use of Change in Margin Clause in Contracts

Change in Margin. The Interest Coverage Ratio used to compute the Applicable Eurodollar Margin initially shall be the Interest Coverage Ratio set forth in the compliance certificate most recently delivered by the Company to the Administrative Agent prior to the date hereof, and changes in the Applicable Eurodollar Margin resulting from a change in the Interest Coverage Ratio shall become effective as to all Eurodollar Advances upon the first day of the calendar quarter following delivery by the Company to the Administrative Agent of a new compliance certificate pursuant to Section 9(a) and notice by the Company to the Administrative Agent that a rate change is required. If the Company shall fail to deliver a certificate in respect of the Interest Coverage Ratio within forty-five (45) days after the end of any fiscal quarter, the Applicable Eurodollar Margin from and including the first day of the following quarter to the date the Company delivers to the Administrative Agent such certificate shall conclusively equal the highest Applicable Eurodollar Margin set forth herein.

Change in Margin. The Interest Coverage Ratio used to compute the Applicable Eurodollar Margin initially shall be the Interest Coverage Ratio set forth in the compliance certificate most recently delivered by the Company to the Administrative Agent prior to the date hereof, and changes in the Applicable Eurodollar Margin resulting from a change in the Interest Coverage Ratio shall become effective as to all Eurodollar Advances upon the first day of the calendar quarter following delivery by the Company to the Administrative Agent of a new quarterly compliance certificate pursuant to Section 9(a9(c) and notice by the Company to the Administrative Agent that a rate change is required. If the Company shall fail to deliver a certificate in respect of the Interest Coverage Ratio within forty-five (45) days after the end of any fiscal quarter, the Applicable Eurodollar Margin from and including the first day of the following quarter to the date the Company delivers to the Administrative Agent such certificate shall conclusively equal the highest Applicable Eurodollar Margin set forth herein.

Change in Margin. The Interest Coverage Ratio used to compute the Applicable Eurodollar Margin initially shall be the Interest Coverage Ratio set forth in the compliance certificate most recently delivered by the Company to the Administrative Agent prior to the date hereof, and changes in the Applicable Eurodollar Margin resulting from a change in the Interest Coverage Ratio shall become effective as to all Eurodollar Advances upon the first day of the calendar quarter following delivery by the Company to the Administrative Agent of a new compliance certificate pursuant to Section 9(a) and notice by the Company to the Administrative Agent that a rate change is required. If the Company shall fail to deliver a certificate in respect of the Interest Coverage Ratio within forty-five (45) days after the end of any fiscal quarter, the Applicable Eurodollar Margin from and including the first day of the following quarter to the date the Company delivers to the Administrative Agent such certificate shall conclusively equal the highest Applicable Eurodollar Margin set forth herein. 1.15 Interest on Advances for the Eligible Acquisition Assets.