Interest Rate Margin definition

Interest Rate Margin means (at the relevant time) the margin applicable to the determination of your annual percentage rate, as set out in your Letter of Offer (but subject to change as described in the Letter of Offer and these Finance Conditions of Use).

Interest Rate Margin means (a) with respect to each Adjusted Libor Loan, the percentage set forth below under the heading "LIBOR Margin" opposite the applicable ratio and (b) with respect to each Base Rate Loan, the percentage set forth below under the heading "Base Rate Margin" opposite the applicable ratio.

Interest Rate Margin shall have the meaning specified in Section 2.3(c).

Examples of Interest Rate Margin in a sentence

• During such periods as such Pro Rata Advance is a Base Rate Advance, a rate per annum equal at all times to the sum of (1) the Base Rate in effect from time to time plus (2) the Applicable Interest Rate Margin in effect from time to time, payable in arrears quarterly on the last Business Day of each March, June, September and December, and on the date such Base Rate Advance shall be Converted or paid in full either prior to or on the Termination Date.

• The Note Interest Rate Margin for each Class of Sterling Notes that would have applied on any Interest Rate Setting Date following the Effective Date will be adjusted as follows: A.

• In the case of a Eurodollar Loan, such loss, cost or expense to any Lender shall include any loss or expense incurred by reason of the liquidation or redeployment of deposits or other funds acquired by such Lender to fund or maintain such Eurodollar Loan to the Borrower, but shall exclude any loss of anticipated Applicable Interest Rate Margin that would have accrued following such event with respect to each such Eurodollar Loan but for the occurrence of such event.

• During such periods as such Pro Rata Advance is a Base Rate Advance, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Interest Rate Margin (the sum of (x) and (y), the “Base Rate Interest”) payable in arrears monthly on the 20th day of each month and on the date such Base Rate Advance shall be Converted or paid in full.

• Due to the differences in the nature of Sterling LIBOR and SONIA, the replacement of Sterling LIBOR as the reference rate for the Sterling Notes requires a corresponding credit adjustment spread to the existing Notes Interest Rate Margin payable in respect of the Sterling Notes.

More Definitions of Interest Rate Margin

Interest Rate Margin means 3.25%.

Interest Rate Margin means, at any time, (a) with respect to the calculation of interest on any LIBOR-Based Note, the greater of (i) 1.50% per annum, and (ii) the initial per annum interest rate spread over the “Libor Rate” (or such equivalent term, as applicable, as defined in the 2014 Credit Agreement) applicable to the term loan under the 2014 Credit Agreement as of its first effective date and (b) with respect to the calculation of interest on any Prime Rate Note, the greater of (i) 0.50% per annum, and (ii) the initial per annum interest rate spread over the “Prime Rate” (or such equivalent term, as applicable, as defined in the 2014 Credit Agreement) applicable to the term loan under the 2014 Credit Agreement as of its first effective date.

Interest Rate Margin means, at any time, (a) with respect to the calculation of interest on any LIBOR-Based Note, 1.50% per annum and (b) with respect to the calculation of interest on any Prime Rate Note, 0.50% per annum.

Interest Rate Margin means, from and after the Effective Date, (a) with respect to each Revolving Credit Loan, .50% per annum, and (b) with respect to each of the Term Loan and the Second Term Loan, 1.00% per annum.

Interest Rate Margin means, effective as of January 1, 2005, five percent (5.0%), provided, however, that, if no Event of Default then exists (numbers appearing between "( )" are negative):

Interest Rate Margin means (a) with respect to each Adjusted Libor Loan, the percentage set forth below under the heading "LIBOR Margin" opposite the applicable ratio and (b) with respect to each Alternate Base Rate Loan, the percentage set forth below under the heading "ABR Margin" opposite the applicable ratio. Total Unsubordinated Liabilities to LIBOR Margin ABR Margin EBITDA (360 day basis) (360 day basis) ------ --------------- --------------- Less than 1.25:1.00 1.25% 0% Greater than or equal to 1.25:1.00 but less than 1.50:1.00 1.50% 0% Greater than or equal to 1.50:1.00 but less than 1.75:1:00 1.75% 0% Greater than or equal to 1.75:1:00 2.00% .25% Notwithstanding the foregoing, during the period commencing the Closing Date and ending on the fifth Business Day following the date of delivery of the financial statements to the Lender for the fiscal quarter ending June 30, 1999 (a) the Interest Rate Margin with respect to each Adjusted Libor Loan shall be 1.50% per annum, and (b) the Interest Rate Margin with respect to each Alternate Base Rate Loan shall be 0% per annum. The Interest Rate Margin will be set or reset quarterly with respect to each Loan on the date which is five Business Days following the date of receipt by the Lender of the financial statements referred to in Section 6.03(a) or Section 6.03(b), as applicable, together with a certificate of the Chief Financial Officer of the Company certifying the ratio of Total Unsubordinated Liabilities to EBITDA and setting forth the calculation thereof in detail; provided, however, if any such financial statement and certificate are not received by the Lender within the time period required pursuant to Section 6.03(a) or Section 6.03(b), as the case may be, the Interest Rate Margin will be set or reset, unless the rate of interest specified in Section 3.01(d) is in effect, based on a ratio of Total Unsubordinated Liabilities to EBITDA of greater than 1.75:1.00 from the date such financial statement and certificate were due until the date which is five Business Days following the receipt by the Lender of such financial statements and certificate, and provided, further, that the Lender shall not in any way be deemed to have waived any Default or Event of Default, including, without limitation, an Event of Default resulting from the failure of the Company to comply with Section 7.13 of this Agreement, or any rights or remedies hereunder or under any other Loan Document in connection with the foregoing proviso. During the ...

Interest Rate Margin means 3.50%.