Equity Margin definition

Equity Margin shall have the meaning set forth in Subsection 5.1.4.
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Equity Margin shall be determined as of each June 30 and December 31 as provided in the table below (expressed in basis points) based on: (a) the ratio of Equity to NFI of APD, on a consolidated basis; and (b) the ratio of Borrower Debt to Guarantor Cash Flow ("BDGCFR"), as of such date: Equity to NFI ------------- less than 40 >|=40<50 50 or more BDGCFR ------ >|= 8.0 12.5 25.0 50.0 >|= 4.0 <8.0 25.0 50.0 62.5 <4.0 50.0 62.5 75.0 provided that the Equity Margin in effect for any period may never exceed the Base Rate Margin in effect for that same period.
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Equity Margin means 5.25% (525 basis points). -------------
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Examples of Equity Margin in a sentence

  • If the applicable Facility is not repaid in full on the last day of the final interest period to which the Interest Rate Switch applies, the Interest Rate applicable to that Facility will automatically revert to our standard variable interest rate as at that date plus any Low Equity Margin unless it is agreed that a different Interest Rate will apply.

  • We may change your Low Equity Margin to a lower margin in accordance with our Low Equity Margin Bands or remove the Low Equity Margin entirely if it no longer applies based on your LVR.

  • We will notify you in writing of any change to, or removal of, your Low Equity Margin as the case may be.

  • N.A. and TFL (collectively, the "Equity Margin Revolver Agreements") and (iv) the Indenture, dated May 13, 2019, by and among TKC, the guarantors party thereto and Wilmington Trust, National Association.

  • The "Equity Margin" shall be determined as of each June 30 and December 31 as provided in the table below (expressed in basis points) based on: (a) the ratio of Equity to NFI of APD, on a consolidated basis; and (b) the ratio of Borrower Debt to Guarantor Cash Flow ("BDGCFR"), as of such date: Equity to NFI less than =>40<50 50 or more 40 BDGCFR ------ =>8.0 12.5 25.0 50.0 =>4.0< 8.0 25.0 50.0 62.5 < 4.0 50.0 62.5 75.0 provided that the Equity Margin may never exceed the Base Rate Margin.

  • Notwithstanding any other terms of any document, we are not under any obligation to keep you informed of your Total Equity, Margin Level and Margin Requirement, or to issue a Margin Call.


More Definitions of Equity Margin

Equity Margin means a rate per annum at any time determined in accordance with the following formula: Equity Margin = (I x P) - ((AI x AP) + (BI x BP)) - L “AI” = L + Class A Margin “L” = 1 Month LIBOR rate in effect for the applicable Interest Period
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Equity Margin is set forth and determined in accordance with APPENDIX 2 to the Lease.
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Equity Margin means the equity margin set forth in the Program Administration Letter, expressed as an annual percentage rate calculated to the seventh decimal place. "Equity Rate" means the three (3)-month LIBOR Rate in effect as of the first LIBOR Banking Day of each Equipment Payment Period plus the Equity Margin. "ERISA" means the Employee Retirement Income Security Act of 1974, as amended. "Estimated Residual Value" for any Item of Equipment on any date of determination shall mean an amount obtained by multiplying (a) the percentage set forth in the Equipment Agreement Supplement for such Item under the caption "Estimated Residual Value Percentage" applicable to the Basic Term or Renewal Term in effect on such date, by (b) the Acquisition Cost for such Item. "Event of Loss" with respect to any Item of Equipment means (a) the loss of such Item of Equipment or any substantial part thereof, or (b) the loss of the use of such Item of Equipment due to theft or disappearance for a period in excess of 45 days during the Term, or existing at the expiration or earlier termination of the Term, or (c) the destruction, damage beyond repair, or rendition of such Item of Equipment or any substantial part thereof permanently unfit for normal use for any reason whatsoever, or (d) the condemnation, confiscation, seizure, or requisition of use or title to such Item of Equipment or any substantial part thereof by any Governmental Entity under the power of eminent domain or otherwise beyond the earlier of sixty (60) days and the end of the Basic Term or Renewal Term, as applicable. "Excepted Payments" means (a) indemnity payments paid or payable in favor of Trust Company, Owner Participant, Lenders, any Liquidity Provider or any Assignee, or their
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Related to Equity Margin

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment 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).

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

  • First Margin means the margin specified as such in the applicable Final Terms; "First Reset Date" means the date specified in the applicable Final Terms;

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and