Interest Margin definition

Interest Margin or "rm" means the percentage specified as such in the table below. The Calculation Agent may adjust the Interest Margin, acting in good faith and in a commercially reasonable manner, to reflect any disparity between the Reference Interest Rate and the Issuer's funding rate, save that the Interest Margin will not be less than the Minimum Interest Margin and will not exceed the Maximum Interest Margin;

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Interest Margin. Except as set forth in the following sentence, with respect to each Class of Regular Certificates, the following percentages: Class I-A Certificates, 0.150%; Class II-A-1 Certificates, 0.050%; Class II-A-2 Certificates, 0.110%; Class II-A-3 Certificates, 0.160%; Class II-A-4 Certificates, 0.240%; Class M-1 Certificates, 0.270%; Class M-2 Certificates, 0.310%; Class M-3 Certificates, 0.330%; Class M-4 Certificates, 0.380%; Class M-5 Certificates, 0.420%; Class M-6 Certificates, 0.510%, Class M-7 Certificates, 0.950%, Class M-8 Certificates, 1.100%, Class M-9 Certificates, 1.950%, Class M-10 Certificates, 2.000% and Class M-11 Certificates, 2.000%. On the first Distribution Date after the Optional Termination Date, the Interest Margins shall increase to the following percentages: Class I-A Certificates, 0.300%; Class II-A-1 Certificates, 0.100%; Class II-A-2 Certificates, 0.220%; Class II-A-3 Certificates, 0.320%; Class II-A-4 Certificates, 0.480%; Class M-1 Certificates, 0.405%; Class M-2 Certificates, 0.465%; Class M-3 Certificates, 0.495%; Class M-4 Certificates, 0.570%; Class M-5 Certificates, 0.630%; Class M-6 Certificates, 0.765%, Class M-7 Certificates, 1.425%, Class M-8 Certificates, 1.650%, Class M-9 Certificates, 2.925%, Class M-10 Certificates, 3.000% and Class M-11 Certificates, 3.000%.

Interest Margin means the annual percentage rate, if any, above or below the Prime Rate set out or referred to in time 5(b) of the Mortgage Form;

Examples of Interest Margin in a sentence

• Any potential Annual Bonus paid to Executive during any Bonus Year shall be based on achievement by Executive and/or the Employer Group of certain objective performance criteria, which may include Earnings per Share; Tier 1 Leverage Ratio; Classified Assets/Tier 1 + ALLL; ROAA; Net Interest Margin; Efficiency Ratio; Noninterest Income/Revenue; Loan/Deposit Ratio; and Loan Portfolio Mix.

• So long as no Event of Default or any act, event or condition which with notice or the passage of time, or both, would constitute an Event of Default, has occurred and is continuing, the Borrowers shall have the right to elect that specified amounts advanced under the Revolving Facility or the Term Facility bear interest at the LIBOR Lending Rate, plus the applicable Additional Libor Interest Margin in effect at the commencement of the particular Interest Period.

• If and to the extent that any such reimbursement shall not have been made to the Administrative Agent, the Borrower agrees to repay to the Administrative Agent forthwith on demand a corresponding amount with interest thereon for each day from the date such amount is made available to the Borrower until the date such amount is repaid to the Administrative Agent at the Base Rate plus the Applicable Interest Margin for Base Rate Loans which are Revolving Credit Loans.

• Interest will be at the Base Rate plus the applicable Interest Margin, calculated on the basis of the actual number of days elapsed in a year of 365 days and payable quarterly in arrears.

• Thereafter, the applicable Additional Base Rate Interest Margin and the applicable Additional Libor Interest Margin shall be (i) based on the VSE Entities’ Total Funded Debt to EBITDA Ratio, calculated in accordance with Section 6.15 of this Agreement, and (ii) determined in accordance with Exhibit 7 attached hereto.

More Definitions of Interest Margin

Interest Margin means 2.5% per annum.

Interest Margin set forth in Section 1 of the Credit Agreement shall be amended and restated to read in its entirety as follows:

Interest Margin. For each Class of LIBOR Notes, for any Payment Date prior to the Stepup Date, the following per annum rate: Class 1A1, 0.330%; Class 1A2, 0.400%; Class 2A1, 0.340%; Class M1, 0.600%; Class M2, 0.630%; Class M3, 0.690%; Class M4, 1.050%; Class M5, 1.150%; Class M6, 1.350%; Class M7, 1.800%; Class M8, 2.000%; Class M9, 3.100%; Class B1A, 3.000%; Class B2, 3.000%; and Class B3, 3.000%; and for the Stepup Date and each Payment Date thereafter, the following per annum rate: Class 1A1, 0.660%; Class 1A2, 0.800%; Class 2A1, 0.680%; Class M1, 0.900%; Class M2, 0.945%; Class M3, 1.035%; Class M4, 1.575%; Class M5, 1.725%; Class M6, 2.025%; Class M7, 2.700%; Class M8, 3.000%; Class M9, 4.650%; Class B1A, 4.500%; Class B2 4.500%; and Class B3, 4.500%.

Interest Margin means, effective on the Eighth Amendment Date, with respect to any Eurodollar Loan, 7.50% or, with respect to any Alternative Base Loan, 5.75% plus in each case the PIK Interest Rate. Notwithstanding the foregoing, (a) effective on October 1, 2002, each of the foregoing Interest Margins shall be increased by 1.00%, and (b) effective during the period April 1, 2003, to and including May 9, 2003, each of the foregoing Interest Margins shall be further increased by 2.00%.

Interest Margin. For each Class of Notes and any Payment Date, the applicable percentage set forth for such class in the following table:

Interest Margin means the annual percentage rate, if any, above or below the Prime Rate set out or referred to in item 5(b) of the Mortgage Form;

Interest Margin. , if applicable, means the percentage rate above the Prime Rate set out in the Mortgage Form;