Borrowing Margin definition

Borrowing Margin mean, respectively, (i) the borrowing margins referred to in Sections 2.8(a), (b), (c), (d), (e), (f), (g), (h), (i), (j), (k), (l) and (m), and (ii) any one of such borrowing margins.
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Borrowing Margin means one-half of one percent (.50%) provided, however, that in the event that, and during any period that the long-term Indebtedness of the Guarantor shall be rated BBB or lower by Standard & Poor's Corporation or Baa2 or lower by Mood▇'▇ ▇▇▇estors Service, Inc. or shall not be rated, the Borrowing Margin shall mean three quarters of one percent (.75%) during such period.
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Borrowing Margin means two and sixty-five hundredths percent (2.65%) per annum.
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Examples of Borrowing Margin in a sentence

  • Each Base Rate Loan shall bear interest on the principal amount thereof from the date made until such Loan is paid in full or converted, at a rate per annum equal to the Alternate Base Rate plus the Applicable Borrowing Margin.

  • Each LIBO Rate Loan shall bear interest on the principal amount thereof from the date made until such Loan is paid in full, renewed, or converted, at a rate per annum equal to the LIBO Rate plus the Applicable Borrowing Margin.

  • If and to the extent such Bank shall not have so made such funds available to National City, such Bank agrees to repay National City forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to AeroCentury until the date such amount is repaid to National City, at the Federal Funds Rate plus 50 basis points for three Business Days, and thereafter at the Alternate Base Rate plus the Applicable Borrowing Margin.

  • Each Base Rate Loan shall bear interest on the principal amount thereof from the date made until such Loan is paid in full or converted, at a rate per annum equal to the Alternate Base Rate determined from time to time plus the Applicable Borrowing Margin for Base Rate Loans.

  • The Borrowing Margin for any Eurodollar Rate Revolving Loan or any Eurodollar Rate Supplemental Revolving Loan shall not change during the Interest Period applicable to such Borrowing.

  • The Borrower agrees to pay interest in respect of the unpaid principal amount of each Eurodollar Rate E Tranche Term Loan from the date the proceeds thereof are made available to the Borrower (whether pursuant to a new Borrowing or upon a conversion pursuant to Section 2.6) until maturity (whether by acceleration or otherwise) of such Eurodollar Rate E Tranche Term Loan at a rate per annum equal to the relevant Eurodollar Rate plus a Borrowing Margin of 33/8%.

  • The Borrower agrees to pay interest in respect of the unpaid principal amount of each Eurodollar Rate Revolving Loan from the date the proceeds thereof are made available to the Borrower (whether pursuant to a new Borrowing or upon a conversion pursuant to Section 2.6) until maturity (whether by acceleration or otherwise) of such Eurodollar Rate Revolving Loan at a rate per annum equal to the relevant Eurodollar Rate plus a Borrowing Margin of 3-1/2%.

  • The Borrower agrees to pay interest in respect of the unpaid principal amount of each Eurodollar Rate Additional Term Loan from the date the proceeds thereof are made available to the Borrower (whether pursuant to a new Borrowing or upon a conversion pursuant to SECTION 2.6) until maturity (whether by acceleration or otherwise) of such Eurodollar Rate Additional Term Loan at a rate per annum equal to the relevant Eurodollar Rate plus a Borrowing Margin of 3-3/8%.

  • The Borrower agrees to pay interest in respect of the unpaid principal amount of each Swing Line Loan from the date the proceeds thereof are made available to the Borrower until maturity (whether by acceleration or otherwise) of such Swing Line Loan or until such Swing Line Loan is converted to Revolving Loans at a rate per annum equal to the Prime Rate in effect from time to time plus a Borrowing Margin of 1-5/8%, as such Borrowing Margin may from time to time be adjusted pursuant to Section 2.9.

  • The Borrower agrees to pay interest in respect of the unpaid principal amount of each Eurodollar Rate E Tranche Term Loan from the date the proceeds thereof are made available to the Borrower (whether pursuant to a new Borrowing or upon a conversion pursuant to Section 2.6) until maturity (whether by acceleration or otherwise) of such Eurodollar Rate E Tranche Term Loan at a rate per annum equal to the relevant Eurodollar Rate plus a Borrowing Margin of 3-1/2%.