Interest Margin. For each Class of LIBOR Notes, for any Payment Date prior to the Stepup Date, the following per annum rate: Class 1-A, 0.270%; Class 2-A1, 0.330%; Class 2-A2, 0.190%; Class 2-A3, 0.500%; Class M1, 0.560%; Class M2, 0.630%; Class M3, 0.690%; Class M4, 1.230%; Class M5, 1.450%; Class M6, 1.950%; Class M7, 2.150%; Class M8, 2.500% and Class M9, 2.500%; and for the Stepup Date and each Payment Date thereafter, the following per annum rate: Class 1-A, 0.540%; Class 2-A1, 0.660%; Class 2-A2, 2.460%; Class 2-A3, 1.00%; Class M1, 1.120%; Class M2, 1.260%; Class M3, 1.380%; Class M4, 0.380%; Class M5, 2.900%; Class M6, 3.900%; Class M7, 4.300%; Class M8, 5.000% and Class M9, 5.000%.
Interest Margin. Tranche A Revolving Loan: Prime Rate plus 410 basis points (4.10%); Tranche B Revolving Loan: Prime Rate plus 3%;
Interest Margin. For each Class of Notes, for any Payment Date prior to the Stepup Date, the following per annum rate: for any Payment Date prior to the Stepup Date the following per annum rate: Class 1-A, [____]%; Class 2-A1, [____]%; Class 2-A2,[____]%; Class 2-A3, [____]%; Class M1, [____]%; Class M2, [____]%; Class M3, [____]%; Class M4, [____]%; Class M5, [____]%; Class M6, [____]% and Class M7, [____]% and on any Payment Date following the Stepup Date: Class 1-A, [____]%; Class 2-A1, [____]%; Class 2-A2, [____]%; Class 2-A3, [____]%; Class M1, [____]%; Class M2, [____]%; Class M3, [____]%; Class M4, [____]%; Class M5, [____]%; Class M6, [____]%; and Class M7, [____]%.
Interest Margin. 2.0%; provided, however, if Borrower is in not in Default and is in compliance with all terms and conditions of the Agreement as of 12/31/08, the Interest Margin will reduce to 1.50%. The 12/31/08 adjustment, in Lender’s sole discretion, shall be based on preliminary year-end financial statements provided by Borrower. Should the results of Borrower’s year-end audited financial statements show that Borrower is not in compliance with all terms and conditions of the Agreement, the Interest Margin shall immediately and automatically revert to 2.0% as of 1/1/09 and Borrower will repay to Lender, on demand, all amounts due thereon.
Interest Margin. Tranche A/ RCF 1.625% per annum from the Merger Closing Date, for a period of three months and thereafter subject to the Margin Ratchet provisions. Tranche A1 1.625% per annum from the date of first drawdown under Tranche A1 for a period of 3 months and thereafter, subject to the Margin Ratchet provisions. Tranche B1 2.250% per annum from the date of first drawdown under Tranche B1.
Interest Margin. Except as set forth in the following sentence, with respect to each Class of LIBOR Certificates, the following percentages: Class I-A Certificates, 0.140%; Class II-A-1 Certificates, 0.100%; Class II-A-2 Certificates, 0.140%; Class II-A-3 Certificates, 0.190%; Class II-A-4 Certificates, 0.280%; Class M-1 Certificates, 0.300%; Class M-2 Certificates, 0.480%; Class M-3 Certificates, 0.530%; Class M-4 Certificates, 0.700%; Class M-5 Certificates, 0.850%; Class M-6 Certificates, 1.000%, Class M-7 Certificates, 2.000%, Class M-8 Certificates, 2.000%, Class M-9 Certificates, 2.000% and Class M-10 Certificates, 2.000%. On the first Distribution Date after the Optional Termination Date, the Interest Margins shall increase to the following percentages: Class I-A Certificates, 0.280%; Class II-A-1 Certificates, 0.200%; Class II-A-2 Certificates, 0.280%; Class II-A-3 Certificates, 0.380%; Class II-A-4 Certificates, 0.560%; Class M-1 Certificates, 0.450%; Class M-2 Certificates, 0.720%; Class M-3 Certificates, 0.795%; Class M-4 Certificates, 1.050%; Class M-5 Certificates, 1.275%; Class M-6 Certificates, 1.500%, Class M-7 Certificates, 3.000%, Class M-8 Certificates, 3.000%, Class M-9 Certificates, 3.000% and Class M-10 Certificates, 3.000%.
Interest Margin. (i) So long as Borrower maintains a ratio of Indebtedness to Tangible Net Worth less than or equal to the following table, the Interest Margin shall be 2.0%. Month Ending Ratio 09/30/08 (measured quarterly) 5.75x 12/31/08 (measured quarterly) 3.00x 03/31/09 and thereafter (measured quarterly on 3/31/09 and monthly thereafter) 2.25x In addition, so long as Borrower maintains a ratio of Indebtedness to Tangible Net Worth less than or equal to the above table, AND Borrower is otherwise in compliance with all terms and conditions of the Agreement as of 12/31/08, then the Interest Margin will reduce to 1.50%. The 12/31/08 adjustment, in Lender’s sole discretion, shall be based on preliminary year-end financial statements provided by Borrower. Should the results of Borrower’s year-end audited financial statements show that Borrower is not in compliance with all terms and conditions of the Agreement (but Borrower is otherwise in compliance with the above table), the Interest Margin shall immediately and automatically revert to 2.0% as of 1/1/09, and Borrower will repay to Lender, on demand, all amounts due thereon.
Interest Margin. The Loan Agreement is hereby amended by deleting subsection (b) and subsection (c) of Item 8 (Interest Rates) of the Terms Schedule to the Loan Agreement and substituting the following in lieu thereof:
