Examples of Fixed Rate Margin in a sentence
Subject to Sections 2.4(d) and 2.4(h), Fixed Rate Portions shall bear interest on the unpaid principal amount thereof during the Fixed Rate Period applicable thereto at a rate per annum equal to the sum of the Fixed Rate for such Fixed Rate Period plus the Applicable Fixed Rate Margin.
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If Fixed Rate Margin is specified in the relevant Additional Conditions, the Margin shall be equal to such Fixed Rate Margin set out in such Additional Conditions.
Initially, and continuing through the day immediately preceding the first Adjustment Date that occurs on or after the Effective Date, the applicable LIBOR Margin, Base Rate Margin and Fixed Rate Margin shall be 3.75%, 2.75% and 2.00% per annum, respectively.
Notwithstanding the foregoing, for so long as any Default shall have occurred and be continuing, the Applicable Floating Rate Margin, Applicable Fixed Rate Margin and Applicable Commitment Fee Percentage shall be determined by reference to Category 5.