Loan Margin definition

Loan Margin means the number of basis points set forth following such term on the cover page of this Agreement.

Loan Margin. With respect to all Eligible Assets and for any date of determination, the positive difference between (x) the weighted average Loan Interest Rate of such Eligible Assets based on the unpaid principal balance of such Eligible Assets and (y) the then-current value of the LIBOR Rate.

Loan Margin means the loan margin for the applicable Mortgage Loan set forth in the Sublimit, Rate and Term Schedule of the Addendum; provided, however, that upon the occurrence of a Default or Event of Default, the Loan Margin shall automatically be increased by the Post Default Rate Margin, even if the Buyer forebears exercising any of its rights and remedies as a result of such Default or Event of Default.

Examples of Loan Margin in a sentence

• After giving effect to the making of each Loan, Margin Stock will constitute less than 25% of the assets (as determined by any reasonable method) of the Borrower and its Subsidiaries.

• For the purposes of calculating the Loan Floating Rate, if on the date when LIBOR is set prior to the beginning of an Interest Period it is not possible for LIBOR to be determined by reference to a screen rate at the time that LIBOR is to be set for that Interest Period (a ‘Market Disruption Event’), the amount of interest payable to each affected Loan Lender during the Interest Period will be the aggregate of each Lender’s cost of funds during that monthly period and the Loan Margin.

• The outstanding principal amount of each Swing Loan shall bear interest from the date of the Borrowing at a rate equal to the Base Rate plus the Applicable Revolving Loan Margin for Base Rate Loans in effect from time to time.

• Additionally, please demonstrate the experience and expertise you have in managing the type of project you are proposing.The RCFD Fire and Life Safety Division's primary public education person was previously employed with the Utah State Fire Marshal's Office where they were responsible for state wide delivery of the fire prevention programs provided by the FMO.

• After giving effect to the making of each Loan, Margin Stock will constitute less than 25% of the assets (as determined by any reasonable method) of the Borrower and the Subsidiaries.

More Definitions of Loan Margin

Loan Margin is defined in Section 2.3(a)(i).

Loan Margin is three hundred fifty (350) basis points.

Loan Margin is three percentage points.

Loan Margin means, with respect to any Loan which is a Eurodollar Loan/Certificate Holder Amount, 1.10% per annum.

Loan Margin means, as of any date of determination: (A) 1.25 percentage points (or, from and after the date (if ever) that Borrower receives not less than $75,000,000 of net cash proceeds from the initial public offering and sale of Borrower’s equity securities in accordance with applicable securities laws, 0.00 percentage points), if and so long as a Streamline Period is in effect; and (B) 2.00 percentage point, if and so long as a Streamline Period is not in effect. Changes in the interest rate based on whether a Streamline Period is in effect shall be effective on the date the Bank receives the Borrower’s reporting required under this Agreement permitting Bank’s calculation of the applicable Availability Amount, provided that any increase in interest rate increase may be put into effect by Bank effective as of the date on which any such reporting was due, even if the delivery of such reporting is delayed.

Loan Margin is 607 basis points.

Loan Margin means, as of any date of determination: (a) at all times during the period that Phase I is in effect, 1.00 percentage points; and (b) at all times during the period that Phase II is in effect, 1.50 percentage points.