effective margin definition

effective margin means that margin of an individual apparatus which could be measured under actual operating conditions;
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effective margin means the sum of the four (4) year average of each of (i) the original issue discounts, (ii) the initial financing fees, (iii) the Adjusted LIBOR Rate and (iv) the Applicable Margin, in each case, paid to the applicable Term Loan Lenders.
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Related to effective margin

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • 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 ABR Margin means, at any date:

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].