Applicable ECF Proceeds has the meaning specified in Section 2.05(b).
Applicable ECF Proceeds has the meaning specified in Section 2.06(b)(iii). “Applicable Margin” means a percentage per annum equal to: (a) Prior to the Amendment No. 8 Effective Date, with respect to (i) any Initial Revolving Credit Loan, (ii) the Commitment Fee in respect of any Initial Revolving Credit Commitments and (iii) the L/C Fee in respect of any Initial Revolving Credit Commitments, (A) until and including the date on which the first financial statements required to be delivered under Section 6.01 after the Amendment No. 2 Effective Date are actually delivered, the percentages per annum set forth below for Pricing Level 2 and (B) thereafter, the following percentages per annum based upon the Senior Secured Leverage Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(a): Initial Revolving Credit Facility prior to the Amendment No. 8 Effective Date Pricing Level Senior Secured Leverage Ratio Term SOFR/Eurocurrenc y Rate/ L/C Fee Base Rate Commitment Fee 1 ≤ 3.20:1.00 2.75% 1.75% 0.250% 2 > 3.20:1.00 and ≤ 3.70:1.00 3.00% 2.00% 0.375% 3 > 3.70:1.00 3.25% 2.25% 0.50% (b) On or after the Amendment No. 8 Effective Date, with respect to (i) any Initial Revolving Credit Loan, (ii) the Commitment Fee in respect of any Initial Revolving Credit Commitments and (iii) the L/C Fee in respect of any Initial Revolving Credit Commitments, (A) until and including the date on which the first financial statements required to be delivered under Section 6.01 after the Amendment No. 8 Effective Date are actually delivered, the percentages per annum set forth below for Pricing Level 2 and (B) thereafter, the following percentages per annum based upon the Senior Secured Leverage Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(a): Initial Revolving Credit Facility on or after the Amendment No. 8 Effective Date Pricing Level Senior Secured Leverage Ratio Term SOFR/Eurocurrenc y Rate/ L/C Fee Base Rate Commitment Fee 1 ≤ 3.00:1.00 2.25% 1.25% 0.250% 2 > 3.00:1.00 and ≤ 3.50:1.00 2.50% 1.50% 0.375% 3 > 3.50:1.00 2.75% 1.75% 0.50% (bc) with respect to any Initial Term Loans (i) prior to the Amendment No. 1 Effective Date, 5.00% with respect to any Initial Term Loans that are Eurocurrency Rate Loans and 4.00% with respect to any Initial Term Loans that are Base Rate Loans, (ii) on and after the Amendment No. 1 Effective Date and prior to the Amendment No. 4 ...
Applicable ECF Proceeds has the meaning specified in Section 2.06(b)(iii). “Applicable Margin” means a percentage per annum equal to: (a) with respect to (i) any Initial Revolving Credit Loan, (ii) the Commitment Fee in respect of any Initial Revolving Credit Commitments and (iii) the L/C Fee in respect of any Initial Revolving Credit Commitments, (A) until and including the date on which the first financial statements required to be delivered under Section 6.01 after the Amendment No. 2 Effective Date are actually delivered, the percentages per annum set forth below for Pricing Level 2 and (B) thereafter, the following percentages per 5
More Definitions of Applicable ECF Proceeds
Applicable ECF Proceeds has the meaning specified in Section 2.06(b)(iii). “Applicable Margin” means a percentage per annum equal to: (a) with respect to (i) any Initial Revolving Credit Loan, (ii) the Commitment Fee in respect of any Initial Revolving Credit Commitments and (iii) the L/C Fee in respect of any Initial Revolving Credit Commitments, (A) until and including the date on which the first financial statements required to be delivered under Section 6.01 after the Amendment No. 2 Effective Date are actually delivered, the percentages per annum set forth below for Pricing Level 2 and (B) thereafter, the following percentages per annum based upon the Senior Secured Leverage Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(a): 1 Pricing Level ≤ 3.20:1.00 2.75% Senior Secured Leverage Ratio 1.75% 0.250% Term SOFR/Eurocurrency Rate/ L/C Fee Initial Revolving Credit Facility
Applicable ECF Proceeds has the meaning specified in Section 2.05(b)(i). “Applicable Lending Office” means for any Lender, such Lender’s office, branch or affiliate designated for Eurocurrency Rate Loans, SOFR Loans, Base Rate Loans, L/C Advances or Letters of Credit, as applicable, as notified to the Administrative Agent, any of which offices may be changed by such Lender. “Applicable Percentage” means, at any time (a) with respect to any Lender with a Commitment of any Class, the percentage equal to a fraction the numerator of which is the amount of such Xxxxxx’s Commitment of such Class at such time and the denominator of which is the aggregate amount of all Commitments of such Class of all Lenders (and with respect to any Letters of Credit issued or participations purchased therein by any Revolving Credit Lender or any participations in any Swingline Loans purchased by any Revolving Credit Lender, as the context requires, the percentage equal to a fraction the numerator of which is the amount of such Revolving Credit Lender's Revolving Credit Commitment at such time and the denominator of which is the Revolving Credit Commitments of all Revolving Credit Lenders) (provided that (i) in the case of Section 2.16 when a Defaulting Lender shall exist, “Applicable Percentage” with respect to any Revolving Credit Facility shall be determined by disregarding any Defaulting Lender’s Revolving Credit Commitment under such Revolving Credit Facility and (ii) if the Revolving Credit Commitments under any Revolving Credit Facility have terminated or expired, the Applicable Percentages of the Lenders under such Revolving Credit Facility shall be determined based upon the Revolving Credit Commitments most recently in effect) and (b) with respect to the Loans of any Class, a percentage equal to a fraction the numerator of which is such Xxxxxx’s Outstanding Amount of the Loans of such Class and the denominator of which is the aggregate Outstanding Amount of all Loans of such Class. 4