Definition of Applicable Margin. The definition of “Applicable Margin” is amended to read as follows:
Definition of Applicable Margin. The definition of “Applicable Margin” is hereby deleted in its entirety and substituted therefor is the following:
Definition of Applicable Margin. The definition of "Applicable Margin" in Article I of the Credit Agreement is amended and restated in its entirety as follows:
Definition of Applicable Margin. The definition of "Applicable Margin" set forth in Section 1.01 of the Existing DIP Credit Agreement is hereby amended and restated in its entirety to read as follows:
Definition of Applicable Margin. The definition of "Applicable Margin" in Section 1.01 of the Existing Agreement shall be amended in its entirety to read as follows, but only from the Eighth Amendment Date to May 31, 2004, at which time such definition shall revert to the current definition in the Existing Agreement:
Definition of Applicable Margin. The definition of “Applicable Margin” in Appendix A to the Credit Agreement shall be amended in its entirety to read as follows: “‘Applicable Margin’ means 2.25% per annum.”
Definition of Applicable Margin. The definition of “Applicable Margin” is hereby amended by (i) deleting the table set forth therein and replacing it with the following: Tier Consolidated Leverage Ratio CBFR Spread Eurodollar Spread Unused Fee Rate 1 < 2.75x 0.00 % 2.50 % 0.50 % 2 > 2.75x and < 3.75x 0.25 % 2.75 % 0.50 % 3 > 3.75x 0.50 % 3.00 % 0.50 % , and (ii) adding the following at the end of the penultimate sentence thereof: “; provided that, without limiting the application of the highest Applicable Margin pursuant to the terms of the immediately succeeding sentence, from and including December 1, 2008 until April 1, 2009, the Applicable Margin shall be as set forth in Tier 2 of the preceding table.”
Definition of Applicable Margin. The pricing grid set forth in the definition of “Applicable Margin” in Section 1.01 of the Agreement is hereby replaced with the pricing grid set forth below: Index Debt Ratings Commitment Fee Rate Eurodollar Spread ABR Spread Category 1≥Baa1/BBB+ 0.125% 1.125% 0.125% Category 2Baa2/BBB 0.150% 1.250% 0.250% Category 3Baa3/BBB- 0.200% 1.500% 0.500% Category 4Ba1/BB+ 0.275% 1.750% 0.750% Category 5≤Ba2/BB 0.350% 2.000% 1.000%
Definition of Applicable Margin. The definition of Applicable Margin set forth in subsection 1.1 is hereby amended by deleting the table contained therein and substituting therefor the following: ==================================================== APPLICABLE APPLICABLE LEVEL MARGIN ==================================================== ---------------------------------------------------- I .250% ---------------------------------------------------- II .375% ---------------------------------------------------- III .500% ---------------------------------------------------- IV .650% ---------------------------------------------------- V .875% ---------------------------------------------------- VI 1.000% ====================================================
Definition of Applicable Margin. The following definitions in Appendix A to the Credit Agreement are amended in their entirety to read as follows: “‘Applicable Margin’ means 3.00% per annum, provided that from and after the delivery of the first Compliance Certificate pursuant to Section 4.1.1(d) of the Credit Agreement that demonstrates that the Core Leverage Ratio is less than 4.00 to 1, the “Applicable Margin” shall be the respective rates set forth below based on the applicable Core Leverage Ratio set forth below: Core Leverage Ratio Applicable Margin
