Base Margin Rate definition

Base Margin Rate. The aggregate of Base plus the applicable Base Margin.
Base Margin Rate. The aggregate of Base plus the Base Margin per annum.
Base Margin Rate. That per annum rate which is the aggregate of the Base plus the Applicable Margin for Base Margin Loans.

Examples of Base Margin Rate in a sentence

  • Should Lender exercise its right to charge and collect the default rate of interest applicable to the Liabilities from June 10, 1999, Availability shall nevertheless be calculated by applying the Base Margin Rate or LIBOR Rate, whichever may be applicable; provided, however that no New Default has occurred.

  • Each Revolving Credit Loan which bears interest at the Base Margin Rate.


More Definitions of Base Margin Rate

Base Margin Rate. The aggregate of Base plus the Applicable Margin for Base Margin Loans.
Base Margin Rate. The aggregate of Base plus the Base Rate Applicable Margin per annum. "Base Rate Applicable Margin". See definition of Applicable Margin.
Base Margin Rate. The Applicable Margin for Base Margin Loans.
Base Margin Rate. The aggregate of Base Rate plus the Applicable Margin for Base Margin Loans.
Base Margin Rate. The aggregate of Base plus Zero percent (0%) per annum. If the Capital Infusion Event does not occur on or before September 7, 1999, the Base Margin Rate shall be increased to the aggregate of Base plus One Half of One percent (.5%) per annum until such time as the Capital Infusion Event does occur, at which time the Base Margin Rate shall be reinstated to the aggregate of Base plus Zero percent (0%) per annum.
Base Margin Rate. Until the Pricing Grid Effective Date: 0.5% Commencing with the Pricing Grid Effective Date: The then applicable Base Margin as determined from the Pricing Grid.
Base Margin Rate. The aggregate of the Prime Rate plus the then applicable Base Margin.