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"type": "definition", "offset": [3335, 3356]}, {"key": "financial-statement", "type": "clause", "offset": [3414, 3433]}, {"key": "security-for-promissory-notes", "type": "clause", "offset": [3437, 3466]}, {"key": "existing-investments", "type": "definition", "offset": [3684, 3704]}], "samples": [{"hash": "6HO63vka8pF", "uri": "/contracts/6HO63vka8pF#fee-rate", "label": "Credit Agreement (Nelnet Inc)", "score": 26.4873371124, "published": true}], "snippet": "\u201cEURODOLLAR MARGIN\u201d and \u201cABR MARGIN\u201d means, for any date, the rate set forth below in the row opposite such term and in the column corresponding to the \u201cStatus\u201d on such date: STATUS LEVEL I LEVEL II LEVEL III LEVEL IV LEVEL V Fee Rate 0.15% 0.20% 0.25% 0.30%. 0.35% EuroDollar Margin 1.00% 1.25% 1.50% 1.75% 2.00% ABR Margin 0.00% 0.25% 0.50% 0.75% 1.00% For purposes of this Schedule, the following terms have the following meanings, subject to the concluding paragraph of this Schedule: \u201cLEVEL I STATUS\u201d exists at any date if, at such date, the Borrower\u2019s credit rating is BBB+ or higher by S&P or Baa1 or higher by \u2587\u2587\u2587\u2587\u2587\u2019\u2587. \u201cLEVEL II STATUS\u201d exists at any date if, at such date, (i) the Borrower\u2019s credit rating is BBB or higher by S&P or Baa2 or higher by \u2587\u2587\u2587\u2587\u2587\u2019\u2587 and (ii) Level I Status does not exist. \u201cLEVEL III STATUS\u201d exists at any date if, at such date, (i) the Borrower\u2019s credit rating is BBB- or higher by S&P or Baa3 or higher by \u2587\u2587\u2587\u2587\u2587\u2019\u2587 and (ii) neither Level I Status nor Level II Status exists. \u201cLEVEL IV STATUS\u201d exists at any date if, at such date, (i) to Borrower\u2019s credit rating is BB+ or higher by S&P or Ba1or higher by \u2587\u2587\u2587\u2587\u2587\u2019\u2587 and (ii) none of Level I Status, Level II Status and Level III Status exists. \u201cLEVEL V STATUS\u201d exists at any date if, at such date, no other Status exists. \u201cSTATUS\u201d refers to the determination of which of Level I Status, Level II Status, Level III Status, Level IV Status, or Level V Status exists at any date. The Eurodollar Margin, the ABR Margin and the Fee Rate shall be determined in accordance with the foregoing table based on the Borrower\u2019s Status as of the last Business Day of the immediately preceding month. Adjustments, if any, to the Eurodollar Margin, the ABR Margin or the Fee Rate shall be effective from and after the first day of the first fiscal month immediately following such date until the first day of the first fiscal month immediately following the next such date. 70 The credit ratings to be utilized for purposes of this Schedule are those assigned to the senior unsecured long-term debt securities of the Borrower without third-party credit enhancement, and any rating assigned to any other debt security of the Borrower shall be disregarded. The rating in effect at any date is that in effect at the close of business on such date. In the case of split ratings from S&P\u2019s and \u2587\u2587\u2587\u2587\u2587\u2019\u2587, the rating to be used to determine which Status applies is the higher of the two; provided that if the split is more than one notch, a rating one notch below the higher rating of the two shall be used. Schedule 1.01 GUARANTORS National Education Loan Network, Inc. Nelnet Business Solutions, Inc. Nelnet Diversified Solutions, LLC Allo Communications LLC Great Lakes Educational Loan Services, Inc. Schedule 3.06 DISCLOSED MATTERS Any liabilities or matters described in the Borrower\u2019s Form 10K and/or Form 10Q with the United States Securities and Exchange Commission for the period ended December 31, 2017 and March 31, 2018, respectively, and any findings, orders, judgments or settlements resulting therefrom or related thereto. 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