Base Margin definition

Base Margin. As determined from the definition of Applicable Margin.

Base Margin has the meaning specified in Section 5.2.

Base Margin has the meaning specified in Section 3.2.

Examples of Base Margin in a sentence

• The Effective Margin Rate is the higher value of the Base Margin Rate, the account default Margin Rate or the slider adjusted margin rate.

• If the quotient is equal to or greater than 0.5, but less than 0.75, then the Clearing Member’s Margin Surcharge shall be equal to 10% of the Clearing Member’s Base Margin Amount.

• If we get all districts up to adequacy, some of this inequity will go away.

• Unless the Borrowers’ Representative otherwise advises the Administrative Agent, such payments shall be applied first to Base Margin Loans and only then to Libor Loans.

• For the first year subsequent to the BCAP decision, both the Authorized Base Margin Subaccount and Non-Base Margin Costs and Revenues Subaccount will be allocated on an Equal Cents Per Therm (ECPT) basis.

More Definitions of Base Margin

Base Margin means (i) during the period commencing on the Closing Date and ending on but not including the first Adjustment Date, one quarter of one percent (0.25%) per annum and (ii) during each period, from and including one Adjustment Date to but excluding the next Adjustment Date (herein a "Calculation Period"), the percent per annum set forth in the table below in this Section 3.2 under the heading "Base Margin" opposite the Leverage Ratio which corresponds to the Leverage Ratio set forth in, and as calculated in accordance with, the applicable Compliance Certificate.

Base Margin. Zero Percent (0.00 %).

Base Margin means, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Pricing Level for that Pricing Period. Pricing Level Base Margin V 25 VI 50 VII 75 VIII 100

Base Margin means (i) during the period commencing on the Closing Date and ending on but not including the first Adjustment Date (as defined below), three-fourths of one percent (0.75%) per annum and (ii) during each period, from and including one Adjustment Date to but excluding the next Adjustment Date (herein a "Calculation Period"), the percent per annum set forth in the table below in this Section 5.2 under the heading "Base Margin" opposite the Indebtedness to EBITDA Ratio which corresponds to the Indebtedness to EBITDA Ratio set forth in, and as calculated in accordance with, the applicable Compliance Certificate.

Base Margin means (i) during the period commencing on the Closing Date and ending on but not including the first Adjustment Date (as defined below), zero percent (0.00%) per annum and (ii) during each period, from and including one Adjustment Date to but excluding the next Adjustment Date (herein a "Calculation Period"), the percent per annum set forth in the table below in this Section 4.2 under the heading "Base Margin" opposite the Indebtedness to EBITDA Ratio which corresponds to the Indebtedness to EBITDA Ratio set forth in, and as calculated in accordance with, the applicable Compliance Certificate.

Base Margin. The then applicable Base Margin as determined from the applicable Pricing Grid.

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