Offshore Margin definition

Offshore Margin means during each Pricing Period, the interest rate --------------- margin set forth in the Pricing Matrix in the column so headed opposite the Funded Debt to EBITDA in effect as of the last day of the fiscal quarter of the Borrower ending two months prior to the first day of such Pricing Period, provided that during the Pricing Period in which the date of this Agreement occurs, Offshore Margin shall be Pricing Level II.
Offshore Margin means 5.00% per annum.
Offshore Margin means 5.00%. New Defined Term. The Loan Agreement is hereby amended to add the following new defined term:

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.


More Definitions of Offshore Margin

Offshore Margin means 4.00%. --------------- "Prime Rate Margin" means 2.25%. ----------------- "Unused Commitment Fee Rate" means 0.35%. --------------------------