Applicable Revolving Eurodollar Rate Margin definition

Applicable Revolving Eurodollar Rate Margin means the per annum interest rate margin from time to time in effect applicable to Revolving Advances, and payable in addition to the Eurodollar Rate with respect to Eurodollar Rate Loans, which shall be two and one-quarter percent (2.25%) as of the Restated Closing Date, and otherwise determined by reference to Section 3.1 of the Agreement; provided, however, that until receipt by Agent of the certified financial statements for the fiscal year ending December 31, 2006, the Applicable Revolving Eurodollar Rate Margin shall be two and one-quarter percent (2.25%).
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Applicable Revolving Eurodollar Rate Margin means, as at any date of determination, with respect to any Eurodollar Rate Loans a rate per annum equal to the percentage set forth below opposite the Applicable Leverage Ratio in effect as of the first day of the Interest Period for such Eurodollar Rate Loans: ================================================== ============================================================== APPLICABLE LEVERAGE RATIO APPLICABLE REVOLVING EURODOLLAR RATE MARGIN -------------------------------------------------- -------------------------------------------------------------- 5.25:1.00 or greater 2.25% -------------------------------------------------- -------------------------------------------------------------- 4.75:1.00 or greater, but less than 5.25: 1.00 2.00% -------------------------------------------------- -------------------------------------------------------------- 4.25:1.00 or greater, but less than 4.75:1.00 1.750% -------------------------------------------------- -------------------------------------------------------------- 3.75:1.00 or greater, but less than 4.25:1.00 1.50% -------------------------------------------------- -------------------------------------------------------------- 3.25:1.00 or greater, but less than 3.75:1.00 1.25% -------------------------------------------------- -------------------------------------------------------------- 2.75:1.00 or greater, but less than 3.25:1.00 0.875% -------------------------------------------------- -------------------------------------------------------------- less than 2.75:1.00 0.625% ================================================== ==============================================================
Sample 1
Applicable Revolving Eurodollar Rate Margin means three percent (3.00%) per annum, payable in addition to the Eurodollar Rate with respect to Eurodollar Rate Loans.” “ ‘Cash Balance’ shall mean (i) all cash in Blocked Accounts and Depository Accounts for which Agent has received an executed account control agreement, in form and substance acceptable to Agent in its sole discretion and (ii) all proceeds of Collateral maintained in the Blocked Accounts and Depository Accounts for which Agent has received an executed account control agreement, in form and substance acceptable to Agent in its sole discretion, that have been applied to reduce the Formula Amount less outstanding checks. “ ‘Depository Accounts’ shall mean, collectively, all deposit accounts of Borrowers. “ ‘Eurodollar Rate’ shall mean, with respect to the Eurodollar Rate Loans for any Interest Period, the greater of (A) three percent (3.00%) per annum or (B) the interest rate per annum determined by the Agent by dividing (the resulting quotient rounded upwards, if necessary, to the nearest 1/100th of 1% per annum) (i) the rate which appears on the Bloomberg Page BBAM1 (or on such other substitute Bloomberg page that displays rates at which US dollar deposits are offered by leading banks in the London interbank deposit market), or the rate which is quoted by another source selected by the Agent which has been approved by the British Bankers’ Association as an authorized information vendor for the purpose of displaying rates at which US dollar deposits are offered by leading banks in the London interbank deposit market (an “Alternate Source”), at approximately 11:00 a.m., London time, two (2) Business Days prior to the commencement of such Interest Period as the London interbank offered rate for U.S. Dollars for an amount comparable to such Eurodollar Rate Loan and having a borrowing date and a maturity comparable to such Interest Period (or if there shall at any time, for any reason, no longer exist a Bloomberg Page BBAM1 (or any substitute page) or any Alternate Source, a comparable replacement rate determined by the Agent at such time (which determination shall be conclusive absent manifest error)), by (ii) a number equal to 1.00 minus the Reserve Percentage. Eurodollar Rate may also be expressed by the following formula: Average of London interbank offered rates quoted by Bloomberg or appropriate successor as shown on LIBOR = Bloomberg Page BBAM1 1.00 - Reserve Percentage Fourth Amendment 009125.0135\479564 The Eurodollar Rate shall be a...
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More Definitions of Applicable Revolving Eurodollar Rate Margin

Applicable Revolving Eurodollar Rate Margin means, as at any date of determination, with respect to any Eurodollar Rate Loans a rate per annum equal to the percentage set forth below opposite the Applicable Leverage Ratio in effect as of the first day of the Interest Period for such Eurodollar Rate Loans: Applicable Leverage Ratio Applicable Revolving Eurodollar Rate Margin 5.25:1.00 or greater 2.50% 4.75:1.00 or greater, but less than 5.25: 1.00 2.50%
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Related to Applicable Revolving Eurodollar Rate Margin

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin I 52.50 II 62.50 III 72.50 IV 82.50 V 92.50

  • Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.

  • Applicable Revolver LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • Eurodollar Margin means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Applicable Prime Rate Margin shall have the meaning provided in section 2.7(g).

  • Base Rate Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Applicable LIBOR Margin means a per annum rate of interest payable in addition to the LIBOR Rate on LIBOR Rate Loans, determined by reference to Section 1.6.

  • Applicable ABR Margin means, at any date:

  • 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 Eurocurrency Margin means, as at any date of determination, the rate per annum then applicable to Eurocurrency Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

  • Prime Rate Margin is set forth on Schedule I hereto.

  • Applicable Margins means collectively the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • Eurodollar Rate Reserve Percentage for any Interest Period for all Eurodollar Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurodollar Rate Advances is determined) having a term equal to such Interest Period.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.

  • Applicable Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: Rating Base Rate Spread LIBO Rate Spread A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.835 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.940 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.045 % 1.045 % BBB by Standard & Poor’s Baa2 by Moody’s 0.150 % 1.150 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.250 % 1.250 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.250% as to any Base Rate Advance and 1.250% as to any LIBO Rate Advance.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.