'APPLICABLE INCREMENTAL SPREAD' definition

'APPLICABLE INCREMENTAL SPREAD' means, as of any date of determination, the interest rate spread set forth below opposite the period during which such date occurs: Incremental Period Spread ------ ------ Amendment Effective Date through August 31, 1996 .00% September 1, 1996 through November 30, 1996 .25% December 1, 1996 through February 28, 1997 .50% March 1, 1997 through May 31, 1997 .75% June 1, 1997 through August 31, 1997 1.00%
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'APPLICABLE INCREMENTAL SPREAD' means, for each Pricing Period, the rate (expressed in basis points per annum) set forth below opposite the Parent Funded Debt Ratio as of the last day of the Fiscal Quarter most recently ended prior to the commencement of that Pricing Period: Rate Parent Funded Debt Ratio ---- ------------------------
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Related to 'APPLICABLE INCREMENTAL SPREAD'

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $15,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Fixed Incremental Amount means (i) the greater of $610,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).