Eurocurrency Rate Margin definition

Eurocurrency Rate Margin means the margin over the Eurocurrency Rate used in determining the rate of interest of Eurocurrency Rate Loans pursuant to subsection 2.2A.
Eurocurrency Rate Margin means a percentage, determined as set forth in the definition of Applicable Margin.
Eurocurrency Rate Margin means, as of any date of determination, a per annum rate equal to the rate set forth below opposite the then applicable Performance Level set forth below: Performance Level Eurocurrency Rate Margin ----------------- ------------------------

Examples of Eurocurrency Rate Margin in a sentence

  • Each Eurocurrency Rate Advance shall bear interest from and including the first day of each Interest Period applicable thereto to (but not including) the last day of such Interest Period at the Eurocurrency Rate applicable to such Eurocurrency Rate Advance and Interest Period plus the Applicable Eurocurrency Rate Margin in effect from time to time.

  • Upon the occurrence of any Event of Default, and so long as such Event of Default continues without written waiver thereof by the Lenders, a default increment equal to 200 basis points (2.00%) shall be added to the Base Rate Margin, Eurocurrency Rate Margin and Facility Fee Rate.

  • Inclusion of such default increment in calculating the Base Rate Margin, Eurocurrency Rate Margin and Facility Fee Rate shall not be deemed a waiver or excuse of any such Event of Default.

  • Notwithstanding the foregoing and the Applicable Ratings Category on the Closing Date, prior to the delivery of the financial statements for the fiscal year of the Company ending January 2, 2015, the Applicable ABR Margin, Applicable Eurocurrency Rate Margin and Applicable Commitment Fee Percentage shall be determined by reference to Category 3.

  • Applicable Eurocurrency Rate Margin and Applicable Commitment Fee Percentage.


More Definitions of Eurocurrency Rate Margin

Eurocurrency Rate Margin means the Revolving Loan Eurocurrency Rate Margin.
Eurocurrency Rate Margin means (i) with respect to Obligations of the U.S. Borrower, a rate equal to two and three- quarters percent (2.75%) per annum and (ii) with respect to Obligations of the U.K. Borrower, a rate equal to two and one-half percent (2.50%) per annum; provided, however, that in the event the Loans and other financial accommodation provided for in this Agreement are not restructured or refinanced by September 30, 1997, the aforesaid per annum rates shall be increased, effective as of September 30, 1997, by one-quarter of one percent (0.25%) per annum and provided further that in the event the Loans and other financial accommodations provided for in this Agreement are not restructured or refinanced by December 31, 1997, the aforesaid per annum rates shall be further increased, effective as of December 31, 1997, by an additional one-quarter of one percent (0.25%) per annum. and (b) add the following definitions:
Eurocurrency Rate Margin means, as of any date, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: Public Debt Rating S&P/Mxxxx’x Applicable Margin Level 1 A+/A1 or above 0.135 % Lxxxx 0 Xxxxx xxxx X+/X0 but at least A/A2 0.145 % Lxxxx 0 Xxxxx xxxx X/X0 but at least A-/A3 0.160 % Lxxxx 0 Xxxxx xxxx X-/X0 but at least BBB+/Baa1 0.195 % Lxxxx 0 Xxxxx xxxx XXX+/Xxx0 but at least BBB/Baa2 0.325 % Level 6 Lower than BBB/Baa2 or no Public Debt Rating in effect 0.500 %
Eurocurrency Rate Margin means, as of any date, the Applicable Eurodollar Rate Margin then in effect under the Credit Agreement.
Eurocurrency Rate Margin means at any time the rate per annum determined pursuant to SCHEDULE 1.1.
Eurocurrency Rate Margin means, as of any date, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: PUBLIC DEBT RATING S&P/XXXXX'X APPLICABLE MARGIN ---------------------------- ----------------- Level 1 AA-/Aa3 or above 0.115% Xxxxx 0 Xxxxx xxxx XX-/Xx0 but 0.130% at least A/A2 Xxxxx 0 Xxxxx xxxx X/X0 but 0.140% at least A-/A3 Xxxxx 0 Xxxxx xxxx X-/X0 but 0.175% at least BBB+/Baa1 Level 5 Lower than BBB+/Baa1 or no 0.300% Public Debt Rating in effect
Eurocurrency Rate Margin means, as of any date, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: PUBLIC DEBT RATING S&P/MOODY'S APPLICABLE MARGIN ------------------------- ----------------- Level 1 AA-/Aa3 or above 0.115% Level 2 Lower than AA-/Aa3 but 0.000% xx xxxxx X/X0 Xevel 3 Lower than A/A2 but 0.000% xx xxxxx X-/A3