Definition of Extended Term Applicable Margin


Extended Term Applicable Margin means initially, (a) 3.75% per annum for Eurodollar Rate Advances and (b) 2.75% per annum for Base Rate Advances; provided, that on and after the first Adjustment Date occurring at the end of the first full fiscal quarter after July 21, 2015, the Extended Term Applicable Margin will be determined pursuant to the Extended Term Pricing Grid.
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