Base Spread definition

Base Spread means 155 basis points per annum.

Base Spread means [__] basis points per annum.

Base Spread means [ ] basis points per annum.

Examples of Base Spread in a sentence

• Party B Reset Date The first day of each Guarantor Calculation Period Party B Base Spread: per cent.

• In the event the Debt Ratings from the Rating Agencies are not equivalent, the Base Spread (bps) will be determined (i) based on the higher of the two Debt Ratings if the lower Debt Rating is no more than one level lower than the higher Debt Rating, and (ii) based on the level that is one rating level higher than the lower Debt Rating if the lower Debt Rating is more than one level lower than the higher Debt Rating.

• Party B Reset Dates: The first day of each Guarantor Calculation Period.Party B Base Spread: per cent.

• Adjustments in the Base Spread (bps) for a Base Rate Loan based upon a change in a Debt Rating level shall be effective on the first day following the change in such Debt Rating.

• If the Contract involves Arms, Ammunition and Explosives (AA&E) or other Hazardous Material, the following clauses shall be incorporated into the Contract and subcontracts.

More Definitions of Base Spread

Base Spread means (a) from and after the Closing Date until the Kodiak Pay-off Loan Funding Date, [ ] basis points per annum and (b) from and after the Kodiak Pay-off Loan Funding Date, [ ] basis points per annum.

Base Spread means eighty basis points (.80%) below the applicable Base Rate.

Base Spread means 1.85% per annum.

Base Spread means 150 basis points per annum.

Base Spread means 160 basis points per annum.

Base Spread shall have the meaning set forth (a) with respect to the Series 2008-1 Class A-2 Notes, in the Series 2008-1 Class A-2 VFN Fee Letter and (b) with respect to the Series 2008-1 Class A-3 Notes, in the Series 2008-1 Class A-3 VFN Fee Letter. “Borrowing” (a) with respect to the Series 2008-1 Class A-2 Notes, shall have the meaning set forth in Section 2.02(d) of the Series 2008-1 Class A-2 Note Purchase Agreement and (b) with respect to the Series 2008-1 Class A-3 Notes, shall have the meaning set forth in Section 2.02(d) of the Series 2008-1 Class A-3 Note Purchase Agreement.

Base Spread means (a) from and after the Closing Date until the Kodiak Pay-off Loan Funding Date, [__] basis points per annum and (b) from and after the Kodiak Pay-off Loan Funding Date, [__] basis points per annum.