Margin Pricing Grid definition
Margin Pricing Grid. Provides for quarterly adjustment to the interest rate to be charged on Revolving Credit Loans based upon the level of Pricing Adjusted Availability then existing and is shown in Section 2.11(f).
Margin Pricing Grid means,
Margin Pricing Grid. Provides for quarterly adjustment to the interest rate to be charged on Tranche A Loans based upon the level of Availability then existing and is shown in Section 2.11(a)(vi).
Examples of Margin Pricing Grid in a sentence
Between October 1, 2006 and December 31, 2006, the Base Rate Margin shall be set at Level I, notwithstanding what the applicable Level might be based upon reference to the Margin Pricing Grid.
For purposes of determining the appropriate Index Margin and Base Margin to be used for each fiscal quarter under the Margin Pricing Grid set forth in Section 2.11(f) of the Loan Agreement, Average Availability should be determined as follows.
More Definitions of Margin Pricing Grid
Margin Pricing Grid. Provides for monthly adjustment to the interest rate to be charged on Revolving Credit Loans based on Availability and is shown in Section 2.10(e).
Margin Pricing Grid. Provides for monthly adjustment to the interest rate to be charged on Revolving Credit Loans based on Availability and is shown in Section 2.10(e). "MATERIAL ACCOUNTING CHANGE": Any change in GAAP applicable to accounting periods subsequent to the Borrowers' fiscal year most recently completed prior to the execution of this Agreement, if such change has a material effect on the Borrowers' financial condition or operating results, as reflected on financial statements and reports prepared by or for the Borrowers, when compared with such condition or results as if such change had not taken place, or where preparation of the Borrowers' statements
Margin Pricing Grid means the pricing grid set forth below: I EBITDA greater than $5 million 0.00 % 1.50 % II EBITDA less than or equal to $5 million and greater than $2.5 million 0.00 % 1.75 % III EBITDA less than or equal to $2.5 million 0.00 % 2.00 %
Margin Pricing Grid means the pricing grid set forth in Section 2.6(a).