Base Margin Rate definition

Base Margin Rate. The aggregate of Base plus the applicable Base Margin.

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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

• Following the occurrence and during the continuance of any Event of Default (and whether or not the Agent exercises the Agent’s rights on account thereof), all Revolving Credit Loans shall bear interest, at the option of the Agent, at rate which is the aggregate, in the case of Base Margin Loan, of the then applicable Base Margin Rate plus two percent (2%) per annum, and in the case of LIBOR Loans, the then applicable LIBOR Rate plus two percent (2%) per annum.

• Following the occurrence of any Event of Default (and whether or not an Agent exercises such Agent's rights on account thereof), all Tranche A Loans shall bear interest, at the option of the Administrative Agent or at the instruction of the SuperMajority Lenders at a rate which is the aggregate in the case of Base Margin Loans, of the then applicable Base Margin Rate plus two percent (2%) per annum, and in the case of Index Loans, the then applicable Index Rate plus two percent (2%) per annum.

• Following the occurrence of any Event of Default (and whether or not the Agent exercises the Agent's rights on account thereof), all Revolving Credit Loans shall bear interest, at the option of the Agent, at rate which is the aggregate in the case of Base Margin Loan, of the then applicable Base Margin Rate plus two percent (2%) per annum, and in the case of Index Loans, the then applicable Index Rate plus two percent (2%) per annum.

• Following the occurrence and during the continuance of any Event of Default (and whether or not the Agent exercises the Agent’s rights on account thereof), all Revolving Credit Loans shall bear interest, at the option of the Agent, at a rate which is the aggregate in the case of Base Margin Loan, of the then applicable Base Margin Rate plus Two Percent (2.00%) per annum, and in the case of Index Loans, the then applicable Index Rate plus Two Percent (2.00%) per annum.

• Following the occurrence and during the continuance of any Event of Default (and whether or not the Lender exercises the Lender’s rights on account thereof), all Revolving Credit Loans shall bear interest, at the option of the Lender, at rate which is the aggregate, in the case of Base Margin Loan, of the then applicable Base Margin Rate plus two percent (2%) per annum, and in the case of Eurodollar Loans, the then applicable Eurodollar Rate plus two percent (2%) per annum.

More Definitions of Base Margin Rate

Base Margin Rate. That rate per annum which is the aggregate of Base plus the Base Margin.

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. Base plus the Applicable Margin for Base Margin Loans.

Base Margin Rate. (a) Base plus 50 ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇bject, however, to reduction as provided in (b) and (c) of this Definition.

Base Margin Rate. Means that rate of interest announced by ▇▇▇▇▇ Fargo Bank, N. A. as its "Prime Rate", as the same may change from time to time, plus One percent (1%) per annum.