Margin Base definition
Examples of Margin Base in a sentence
In the event that the Purchaser's assessment of the Margin Base would alter the information set forth in any Request for Additional Transaction for Excess Margin, the Purchaser shall promptly notify the Seller in writing of such assessment.
For the purposes of this Section 2.6, "Excess Margin" shall be the excess of the Margin Base over the aggregate Purchase Price of all outstanding Transactions as of the date of such determination.
Very truly yours, By: ___________________________________ Title: (in bps) Debt Rating (S&P/▇▇▇▇▇’▇/Fitch) Commitment Fee Applicable Margin (Eurodollar) Applicable Margin (Base Rate) Each change in a rating shall be effective as of the date it is announced by the applicable rating agency.
Borrower shall have provided the Administrative Agent with (a) the written consent of the Chase Group Agent, acting on behalf of the holders of the Coffeyville Synthetic Lease Obligations: to the revised LIBOR Margin, Base Rate Margin and 364-Day Commitment Fee Factor as set forth herein; and (b) the Proceeds Sharing Agreement fully executed by the Chase Group Agent, acting on behalf of the holders of the Coffeyville Synthetic Lease Obligations.
Initially, the Non-Use Fee Rate, the Eurodollar Margin, Base Rate Margin and the L/C Fee Rate (the “Pricing”) shall be Level III.