Applicable Base Rate Margin definition
Applicable Base Rate Margin means, with respect to ABR Loans of any Series at any time, the percentage rate per annum specified as the “Applicable Base Rate Margin” for such Series at such time, as determined pursuant to the Pricing Schedule.
Applicable Base Rate Margin means, on any day, a rate per annum equal to the higher of (a) the Applicable EURIBOR Margin for such day minus 1.00% and (b) 0.00%.
Applicable Base Rate Margin has the meaning specified in Section 2.10(a).
Examples of Applicable Base Rate Margin in a sentence
Following the effectiveness of the ESG Amendment, any modification to the ESG Pricing Provisions which does not have the effect of reducing or increasing the Multicurrency Revolving Commitment Fee, USD Revolving Commitment Fee, LC Commission, Applicable Adjusted Term SOFR Margin, Applicable Base Rate Margin, Applicable Eurocurrency Margin or Applicable RFR Margin to a level not otherwise permitted by this paragraph shall be subject only to the consent of the Required Lenders.
More Definitions of Applicable Base Rate Margin
Applicable Base Rate Margin means (i) in the case of each of the Revolving Loans and Tranche A Term Loans, a percentage per annum equal to 2.00% and (ii) in the case of Tranche B Term Loans, a percentage per annum equal to 2.75%; provided that the percentage set forth in clause (i) above shall be adjusted by the applicable Interest Reduction Discount.
Applicable Base Rate Margin means (i) in the case of A Term Loans and Revolving Loans, 1.00%, less the Applicable Performance Discount, if any, and (ii) in the case of B Term Loans, C Term Loans and D Term Loans, 1.25%.
Applicable Base Rate Margin means the following per annum percentages, applicable in the following situations:
Applicable Base Rate Margin means, on any day, a rate per annum equal to the higher of (a) the Applicable Eurocurrency Margin for such day minus 1.00% and (b) 0.00%.
Applicable Base Rate Margin shall have the meaning set forth in the definition of Applicable Margin.
Applicable Base Rate Margin means the margin to be added to the Base Rate for purposes of determining the interest rate(s) applicable to Base Rate Loans from time to time, which shall be determined as provided in Section 2.10.
Applicable Base Rate Margin means 1.50%.