Base Rate Term Loan A Margin definition

Base Rate Term Loan A Margin means 1.00 percentage point."
Base Rate Term Loan A Margin means 3.5 percentage points.
Base Rate Term Loan A Margin means 2.00 percentage points; provided, however, that commencing on the first day next following the receipt of the applicable Section 6.3 financial statements, "Base Rate Term Loan A Margin" shall be reduced by the following amounts: if EBITDA for the fiscal year ended December 31, 2002 shall equal or exceed $19,000,000, the then-applicable Base Rate Term Loan A Margin shall be reduced by 40 basis points; if EBITDA for the fiscal year ended December 31, 2003 shall equal or exceed the EBITDA Projection for such fiscal year, the then-applicable Base Rate Term

More Definitions of Base Rate Term Loan A Margin

Base Rate Term Loan A Margin means two (2) percentage points.
Base Rate Term Loan A Margin means 0.50 percentage points; provided, however, that commencing on the first day next following the receipt of the applicable Section 6.3 financial statements, "Base Rate Term Loan A Margin" shall be reduced by the following amounts: if EBITDA for the fiscal year ended December 31, 2003 shall equal or exceed $19,000,000, the then-applicable Base Rate Term Loan A Margin shall be reduced by 25 basis points; provided, further, that adjustments (if any) pursuant to the immediately preceding proviso shall be deemed to take effect as of January 1st of the year in which the applicable financial statements are received by Lender, and Borrower shall receive a credit for any interest payment made by Borrower in such year which did not take into account this retroactive effect (such credit to be implemented by reducing the interest payment owed by Borrower in the month next following the receipt by Lender of the applicable Section 6.3 financial statements by an amount equal to such credit). The determination of EBITDA for purposes of this definition shall be based upon the fiscal year end audited financial statements delivered to Lender pursuant to Section 6.3, as applicable. Notwithstanding the foregoing, if Borrower fails to deliver to Lender the financial statements required under Section 6.3 in a timely manner, then the "Base Rate Term Loan A Margin" shall mean 0.50 percentage points for the period beginning on the day after the date such financial statements were due and not received by Lender and ending on the day Lender receives financial statements complying with the requirements of Section 6.3, and thereafter the "Base Rate Term Loan A Margin" shall be determined as set forth above using the applicable Base Rate Term Loan A Margin in effect immediately prior to the date such financial statements were due and not yet received.
Base Rate Term Loan A Margin means, subject to reduction pursuant to Section 2.6(g), 2.00% per annum.
Base Rate Term Loan A Margin means 0.25%.
Base Rate Term Loan A Margin means 4.00 percentage points.
Base Rate Term Loan A Margin means 5.0 percentage points."

Related to Base Rate Term Loan A Margin

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

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

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

  • 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.

  • 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 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 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 II 125.0 III 175.0 IV 250.0

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

  • 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.

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

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

  • Applicable Base Rate Margin means, on any day, a rate per annum equal to the higher of (a) the Applicable Eurocurrency Margin for such day minus 1.00% and (b) 0.00%.

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

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

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

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • 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).

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • 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 % 0.805 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.920 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.030 % 1.030 % BBB by Standard & Poor’s Baa2 by Moody’s 0.140 % 1.140 % 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.

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.