Adjusted Margin definition
Examples of Adjusted Margin in a sentence
The Lender will provide notice to the Borrower of the Replacement Index, any margin adjustment, and the Adjusted Margin, as applicable.
In connection with the implementation of a Replacement Index and, as applicable the Adjusted Margin, Lender may make any technical, administrative, or operational changes that may be appropriate to facilitate the administration thereof.
These are then used to calculate the RX Outputs, which include: Gross on-loan, Gross collateral, Gross Margin, Liquidity adjusted on-loan, Liquidity adjusted Collateral, Adjusted Margin, Estimated loss on default, Value at Risk, Annualised Default Probability Adjusted Value at Risk, Risk Premium.
If at any time the financial statements required to be delivered pursuant to ss.7.4(a) or (b) hereof are not delivered within 10 days after the time periods specified in such subsections, the Applicable Rate shall be the rate set forth for Level IV plus the Adjusted Margin, if applicable, subject to adjustment upon actual receipt of such financial statements." and (c) by inserting the following new definitions in proper alphabetical order: "Assignment Effective Date.
Thereafter, the Replacement Index shall be deemed to be and shall become the operative interest rate index for purposes of this Agreement and any other Credit Documents, and this Agreement shall continue to bear interest on the unpaid principal amount from the effective date of such designation(s) through repayment thereof at the Replacement Index plus the Applicable Margin or the Adjusted Margin, as applicable (subject to increase to or by any applicable default rate).