Margin Period definition
Examples of Margin Period in a sentence
No later than thirty (30) Business Days prior to the relevant Interest Payment Date falling nearest to the expiry of the Fixed Margin Period, the Borrower may accept or reject the margin offer.
If the Borrower rejects the margin offer, Loan A shall terminate and all outstanding amounts under Loan A shall be due and payable by the Borrower on the expiring of the Fixed Margin Period.
The rate for the Commitment Fee shall be adjusted on the first day of each Margin Period.
Notwithstanding anything to the contrary set forth in this Agreement or in any of the other Financing Documents, at all times during the Incremental Margin Period the interest rate then in effect for the Notes shall be increased by an amount equal to the Incremental Margin then in effect.
Within ninety (90) days of the end of the Andrx Margin Period or the Impax Margin Period, as applicable, Teva (in the case of the Andrx Margin Period) and Andrx (in the case of the Impax Margin Period) shall provide the other Party with a revised calculation of the Andrx Margin and the Impax Margin, respectively, based on the actual (rather than accrued) amounts described in clauses (a) and (b) of the definition of Net Sales.