Margin Adjustments. Adjustments to the Applicable Margins and the Applicable Fee Percentages, based on Schedule 1.1, shall be implemented on a quarterly basis as follows:
Margin Adjustments. (a) In this Subclause:
Margin Adjustments. 40 5.2 Prime-based Interest Payments..................................................................41 5.3 Eurocurrency-based Interest Payments...........................................................41 5.4 Quoted Rate Advance Interest Payments..........................................................42 5.5 Interest Payments on Conversions...............................................................42 5.6 Interest on Default............................................................................42 5.7 Prepayment.....................................................................................42 6. CONDITIONS..............................................................................................43
Margin Adjustments. (a) The Company must notify the Facility Agent forthwith at any time there is a change in the long term credit rating assigned to the Company by either Xxxxx’x or S&P or a cessation in any such rating being assigned.
Margin Adjustments. Adjustments to the Applicable Margin based on Schedule 1.1 hereto (to the extent required in said Schedule), shall be implemented as follows:
Margin Adjustments. (a) In this Clause 10.3:
Margin Adjustments. Adjustments in the Margin applicable to Eurocurrency-based Advances, the Applicable Commitment Fee Percentage and the Applicable L/C Fee Percentage, each based upon the Fixed Charge Coverage Ratio, shall be implemented on a quarterly basis as follows:
Margin Adjustments. (a) The Parent must supply to the Facility Agent a Margin Certificate within 45 days of the end of each quarterly Accounting Period, beginning with the first quarterly Accounting Period ending on or after the first anniversary of the First Drawdown Date.
Margin Adjustments. (a) The Margin for the period commencing on the Second Effective Date and ending on the date falling six months after the Second Effective Date will be 1.75 per cent. per annum.
Margin Adjustments. Notwithstanding the foregoing, if the spread between CoBank's cost of funds (as determined by CoBank in accordance with its methodology) and the U.S. Treasury Rate for any Interest Period selected by the Borrower pursuant to Subsection (A) should widen (or lessen) from the spread in effect for the same period of time on December 19, 1994, then the Treasury Margin may be adjusted upward (or downward) at CoBank's discretion to reflect any such change. No adjustment shall be applied retroactively to any Portion of the Loan prior to the end of the Interest Period for such Portion.
