Interest Margins. As used herein, the term “Applicable Margin” shall mean the particular rate per annum determined by Bank in accordance with the Pricing Grid Table which appears below, based upon the results of the computation of the Leverage Ratio (as defined in Exhibit A) of Guarantor and such Pricing Grid Table, and the following provisions:
Appears in 2 contracts
Sources: Credit Agreement (Oglebay Norton Co /Ohio/), Credit Agreement (Oglebay Norton Co /Ohio/)