B Margin definition
Examples of B Margin in a sentence
Where an Unpaid Sum does not relate to an Advance, interest shall be calculated by reference to the Applicable B Margin.
The Class A-1 Margin, Class A-2 Margin, Class A-3 Margin, Class A-4 Margin, Class M-1 Margin, Class M-2 Margin, Class M-3 Margin, Class M-4 Margin, Class M-5 Margin, Class M-6 Margin, Class M-7 Margin, Class M-8 Margin, Class M-9 Margin or Class B Margin, as applicable.
Reference to any of the Class A Margin, Class M-1 Margin, Class M-2 Margin or Class B Margin.
The Class A-1 Margin, Class A-2 Margin, Class A-3 Margin, Class A-4 Margin, Class M-1 Margin, Class M-2 Margin, Class M-3 Margin, Class M-4 Margin, Class M-5 Margin, Class M-6 Margin, Class M-7 Margin, Class M-8 Margin, Class M-9 Margin, Class M-10 Margin or Class B Margin, as applicable.
The Class A-1 Margin, Class A-2 Margin, Class A-3 Margin, Class A-4 Margin, Class M-1S Margin, Class M-2S Margin, Class M-3S Margin, Class M-4 Margin, Class M-5 Margin, Class M-6 Margin, Class M-7 Margin, Class M-8 Margin, Class M-9 Margin, or Class B Margin, as applicable.
The outstanding principal amount of the Loans shall bear interest at the rate per annum equal to (a) the Base Rate plus the Applicable Base Rate Margin, or (b) at the Borrowers’ option as provided herein, the Loans (other than the Swing Line Loans) may bear interest at the Eurodollar Rate plus the Applicable Eurodollar Margin, or Term B Margin, as the case may be.
Lessor agrees to amend the Tranche B Margin as such replacement Tranche B Lenders may agree.
Triple B Margin: Except as may otherwise be provided for in a Collateral Consent or an ABS Collateral Conveyance Agreement or as may be requested by the Borrower and agreed to by the Lenders in writing or as may be modified pursuant to the Repricing Principles, for any day during: (i) a Tier 1 Leverage Ratio Period, 1.50% per annum; (ii) a Tier 2 Leverage Ratio Period, 2.50% per annum; (iii) a Tier 3 Leverage Ratio Period, 3.75% per annum; or (iv) a Tier 4 Leverage Ratio Period, 4.25% per annum.
Reference to any of the Class A-1 Margin, the Class A-2 Margin, the Class M-1 Margin, the Class M-2 Margin or the Class B Margin.
Single B Margin: Except as may otherwise be provided for in a Collateral Consent or an ABS Collateral Conveyance Agreement or as may be requested by the Borrower and agreed to by the Lenders in writing or as may be modified pursuant to the Repricing Principles, for any day during: (i) a Tier 1 Leverage Ratio Period, 1.95% per annum; (ii) a Tier 2 Leverage Ratio Period, 2.95% per annum; (iii) a Tier 3 Leverage Ratio Period, 4.20% per annum; or (iv) a Tier 4 Leverage Ratio Period, 4.70% per annum.