Pricing Tier definition

Pricing Tier means the Customer’s applicable pricing tier, determined based on the number and amount of Application Obligations at the time of determination, as set forth in the schedule included as part of the Order Form.

Pricing Tier means the pricing band applicable to Customer specified in the Product Order, subject to adjustment in accordance with Paragraph 2.4.

Pricing Tier has the meaning specified in the definition of “Applicable Margin.”

Examples of Pricing Tier in a sentence

• The Initial Pricing Tier indicated above is based on Customer’s good faith estimate of its Application Obligations as of the Effective Date.

• For any Implementation Period, if the total number or amount of Customer’s Application Obligations implemented causes Customer’s applicable Pricing Tier to increase, then DebtBook will charge Customer an additional Implementation Fee such that the total Implementation Fee charged for such Implementation Period equals the Implementation Fee applicable to the increased Pricing Tier as set forth in the DebtBook Quote.

• DebtBook sets Fees using its standard pricing schedule for the Services in accordance with the NCPA Agreements and based on the Customer’s applicable Pricing Tier, which is based on the total number and amount of the Customer’s Application Obligations at the time of determination.

• Order Form Details Effective Date: 10/20/2022 Billing Frequency: Annually Initial Term End Date: 10/19/2025 Payment Terms: Net 30 Initial Pricing Tier: 4 See the DebtBook Quote for more details Services.

• The Implementation Fee will be due and payable at the later of (1) the beginning of the applicable Implementation Period or (2) the date on which Customer requests Implementation Services for such Implementation Period, and will entitle Customer, in each case, to Implementation Services at the applicable Pricing Tier through the end of the Implementation Period then in effect.

More Definitions of Pricing Tier

Pricing Tier has the meaning specified in the definition of "Applicable Margin."

Pricing Tier shall have the meaning set forth in Appendix 3.

Pricing Tier means the agreed pricing tiers for the calculation of LIBOR Margin and Undrawn Commitment Fees which are based on the Funded Debt Ratio applicable to the Borrowers for the preceding calendar quarter, with such pricing tier to be applicable throughout the immediately succeeding calendar quarter, as follows: Funded Debt Ratio for Funded Debt Ratio for Calendar Quarters Calendar Quarters Ending 12/31 and 3/31 Ending 6/30 and 9/30 Pricing Tier ----------------------------------------------------------------------------------------------------- Pricing Tier 1 < or = 3.25 < or = 2.25 Pricing Tier 2 >3.25, but < or = 3.50 >2.25, but < or = 2.50 Pricing Tier 3 >3.50, but < or = 3.75 >2.50, but < or = 3.00 Pricing Tier 4 > 3.75 > 3.00 By way of example and not limitation, if the Funded Debt Ratio for the calendar quarter ended September 30 is greater than 2.25 but less than or equal to 2.50, then during the calendar quarter commencing on October 1 and ending on December 31, the Borrowers would be in Pricing Tier 2. If for any reason Borrowers fail to provide the financial statements necessary to calculate the Funded Debt Ratio within thirty (30) days after written notice from the Administrative Agent, the Default Rate shall apply retroactively from the date when such necessary financial statements originally were due (without reference to such written notice from the Administrative Agent or such thirty-day period) until such necessary financial statements are provided by Borrowers.

Pricing Tier means any of the pricing tiers specified in Schedule 5.

Pricing Tier means the agreed pricing tiers for the calculation of LIBOR Margin and Undrawn Commitment Fees which are based on the Funded Debt Ratio applicable to the Borrowers for the preceding calendar quarter, with such pricing tier to be applicable throughout the immediately succeeding calendar quarter, as follows: Credit Agreement

Pricing Tier means the agreed pricing tiers for the calculation of LIBOR Margin and Undrawn Commitment Fees which are based on the Funded Debt Ratio applicable to the Borrowers for the preceding calendar quarter, with such pricing tier to be applicable throughout the immediately succeeding calendar quarter, as follows:

Pricing Tier shall have the meaning set forth in Schedule A of this Agreement.