Offshore Margin definition
Examples of Offshore Margin in a sentence
Seller shall immediately notify the Buyer in writing if Seller is listed in any Denied Parties List, similar lists, or if Seller's export privileges are otherwise denied, suspended, or revoked in whole or in part, by any Government entity or agency.
Each Competitive Bid Request shall state whether a Competitive Bid is requested on the basis of a fixed interest rate (an "Absolute Rate Bid") or on the basis of a margin above or below the Offshore Rate (an "Offshore Margin Bid").
Section 5.2 of the Loan Agreement is hereby ------------------------ amended to provide that, beginning on the effective date of this Amendment, the optional interest rate payable with respect to Portions under each of the Facilities shall be the IBOR Rate or the LIBOR Rate plus the Offshore Margin.
Any principal amount bearing interest at an optional rate under this Agreement is referred to as a "Portion." Borrower may select interest Portions bearing reference to the IBOR Rate or to the LIBOR Rate each of which shall bear interest at the selected rate plus the Offshore Margin in effect from time to ---- time.