Domestic Rate Margin definition

Domestic Rate Margin appearing in Section 1.3(a) of the Credit Agreement is hereby amended in its entirety and as so amended shall read as follows:

Domestic Rate Margin means zero percent (0%) per annum.

Domestic Rate Margin is defined in Section 2.1(a) hereof.

Examples of Domestic Rate Margin in a sentence

• Each Domestic Rate Loan made by a Bank shall bear interest (computed on the basis of a 365 or 366 day year, as applicable, and actual days elapsed) on the unpaid principal amount thereof from the date such Loan is made until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Domestic Rate Margin plus the Domestic Rate from time to time in effect, payable on the last day of the applicable Interest Period and at maturity (whether by acceleration or otherwise).

• P-43iSaskatchewan Telecommunications Superannuation Act,R.S.S. 1978, c.

• The following definitions are hereby inserted into Section 5.1 of the Credit Agreement in their proper alphabetical order: "Applicable Domestic Rate Margin" is defined in Section 2.11 hereof.

• Each Domestic Rate Loan made by a Bank shall bear interest (computed on the basis of a year of 360 days and actual days elapsed) on the unpaid principal amount thereof from the date such Loan is made until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the applicable Domestic Rate Margin plus the Domestic Rate from time to time in effect, payable on the last day of its Interest Period and at maturity (whether by acceleration or otherwise).

• Section 1.1(c)(iv)(a) of the Credit Agreement is hereby amended in its entirety to be and to read as follows : (a) in the case of a draft payable in U.S. Dollars, at the rate per annum determined by adding 2% to the sum of the Domestic Rate as from time to time in effect and the Applicable Domestic Rate Margin for Domestic Rate Loans under the Revolving Credit and 2.

More Definitions of Domestic Rate Margin

Domestic Rate Margin means (A) 0% per annum for any Pricing Period for which Level I Status exists and (B) 0.25% per annum for any Pricing Period for which either Level II Status or Level III Status exists.

Domestic Rate Margin means one percentage point (1.00%).

Domestic Rate Margin means 0.0% per annum until the first Pricing Date and thereafter from one Pricing Date to the next a percentage determined in accordance with the following schedule:

Domestic Rate Margin is defined in Section 1.3(a) hereof.

Domestic Rate Margin means 0.75% per annum.

Domestic Rate Margin means 0% subject to adjustment as provided in Section 2.11 hereof. 3. Section 2.7(a) and (b) of the Credit Agreement are hereby amended in their entirety to be and to read as follows : (a) with respect to any Domestic Rate Loan, the sum of two percent (2%) plus the Applicable Domestic Rate Margin plus the Domestic Rate from time to time in effect; (b) with respect to any Eurocurrency Loan denominated in U.S. Dollars the sum of two percent (2%) plus the rate of interest in effect thereon at the time of such default until the end of the Interest Period applicable thereto and, thereafter, at a rate per annum equal to the sum of two percent (2%) plus the Applicable Domestic Rate Margin plus the Domestic Rate from time to time in effect; and 4. Section 2.11 of the Credit Agreement is hereby amended in its entirety to be and to read as follows: Section 2.11.

Domestic Rate Margin is defined in Section 2.1(a) hereof. "First Amendment" means that certain First Amendment to Credit Agreement dated as of October 30, 1997 among the Borrower, the Agent and the Banks. 10. Section 8.7 of the Credit Agreement is hereby amended by deleting the ratio ".45 to 1.0" at the end of such Section and replacing it with the ratio ".50 to 1.0". 11. Section 8.8 of the Credit Agreement is hereby amended in its entirety to be and to read as follows: Section 8.8.