{"component": "definition", "props": {"groups": [{"samples": [{"hash": "ly0w6ASKwc7", "uri": "/contracts/ly0w6ASKwc7#rate-margin", "label": "Credit Facility Agreement (Talk Com)", "score": 18.0, "published": true}, {"hash": "9ZkE73nDAzg", "uri": "/contracts/9ZkE73nDAzg#rate-margin", "label": "Credit Facility Agreement (MCG Finance Corp)", "score": 18.0, "published": true}, {"hash": "2tIj8noZUM3", "uri": "/contracts/2tIj8noZUM3#rate-margin", "label": "Credit Facility Agreement (Bizness Online Com)", "score": 18.0, "published": true}], "size": 8, "snippet": "has the meaning set forth in Section 1.1.5.", "snippet_links": [], "hash": "be899fd19c383225d1c91947a02131dc", "id": 1}, {"samples": [{"hash": "cEiStSuHZgP", "uri": "/contracts/cEiStSuHZgP#rate-margin", "label": "Credit Facility Agreement (NBG Radio Network Inc)", "score": 18.0, "published": true}, {"hash": "2sqBy6ReAJv", "uri": "/contracts/2sqBy6ReAJv#rate-margin", "label": "Credit Facility Agreement (MCG Finance Corp)", "score": 18.0, "published": true}], "size": 3, "snippet": "means the applicable Current Interest Rate Margin and the applicable Deferred Interest Rate Margin.", "snippet_links": [{"key": "the-applicable", "type": "clause", "offset": [6, 20]}, {"key": "interest-rate-margin", "type": "definition", "offset": [29, 49]}, {"key": "deferred-interest-rate", "type": "definition", "offset": [69, 91]}], "hash": "594694f4180b806757ec080e0875d093", "id": 2}, {"samples": [{"hash": "iXthz8AGt10", "uri": "/contracts/iXthz8AGt10#rate-margin", "label": "Credit Facility Agreement (CCC Information Services Group Inc)", "score": 18.0, "published": true}, {"hash": "4Nmw7plCXvf", "uri": "/contracts/4Nmw7plCXvf#rate-margin", "label": "Credit Facility Agreement (CCC Information Services Group Inc)", "score": 18.0, "published": true}], "size": 2, "snippet": "has the meaning set forth in Section 1.1.5 hereof (for purposes of the Line of Credit Facility) AND Section 1.2.5 hereof (for purposes of the Term Loan Facility).", "snippet_links": [{"key": "line-of-credit-facility", "type": "clause", "offset": [71, 94]}, {"key": "the-term-loan-facility", "type": "definition", "offset": [138, 160]}], "hash": "ae0def31f6913e3ff966a2c1defb5c60", "id": 3}, {"samples": [{"hash": "aR5GioMDEZ9", "uri": "/contracts/aR5GioMDEZ9#rate-margin", "label": "Credit Agreement (Fulcrum Bioenergy Inc)", "score": 23.0095824778, "published": true}, {"hash": "1v7mdU0pgR", "uri": "/contracts/1v7mdU0pgR#rate-margin", "label": "Credit Agreement (Fulcrum Bioenergy Inc)", "score": 22.9356605065, "published": true}], "size": 2, "snippet": "means, for all Eurodollar Loans, the applicable rate set forth below per annum, and for all Base Rate Loans, such rate per annum minus 0.75% per annum:", "snippet_links": [{"key": "eurodollar-loans", "type": "definition", "offset": [15, 31]}, {"key": "applicable-rate", "type": "clause", "offset": [37, 52]}, {"key": "per-annum", "type": "clause", "offset": [69, 78]}, {"key": "base-rate-loans", "type": "clause", "offset": [92, 107]}], "hash": "cde26ee754526fdc706148c82bbd75b7", "id": 4}, {"samples": [{"hash": "j8sNPKFEJ0B", "uri": "/contracts/j8sNPKFEJ0B#rate-margin", "label": "Credit Agreement (Renegy Holdings, Inc.)", "score": 21.0, "published": true}], "size": 1, "snippet": "means, for all LIBOR Loans, the applicable rate set forth below, and for all Base Rate Loans, such rate minus 0.75%: Construction Loans and Term Loans 2.00 % 1.50 % 1.75 % 2.00 % (Rate Margin is also used to calculate LC Fees, so amounts are also shown for periods after Loans will have been repaid.) At any time that the long-term unsecured senior debt of either APS or SRP is rated less than BBB- by S&P or Baa3 by \u2587\u2587\u2587\u2587\u2587\u2019\u2587, the otherwise applicable Rate Margin shall be increased by 0.25%; and if rated less than BB+ by S&P or Ba1 by \u2587\u2587\u2587\u2587\u2587\u2019\u2587 shall be increased by an additional 0.25% (for a maximum total increase of 0.50%). If there is any change in the Rate Margin during any quarter, applicable interest rates and LC Fees shall be computed and multiplied by the Rate Margin separately for each period during such quarter that such Rate Margin was in effect.", "snippet_links": [{"key": "libor-loans", "type": "clause", "offset": [15, 26]}, {"key": "the-applicable", "type": "clause", "offset": [28, 42]}, {"key": "base-rate-loans", "type": "clause", "offset": [77, 92]}, {"key": "construction-loans", "type": "definition", "offset": [117, 135]}, {"key": "term-loans", "type": "clause", "offset": [140, 150]}, {"key": "lc-fees", "type": "clause", "offset": [218, 225]}, {"key": "at-any-time", "type": "clause", "offset": [301, 312]}, {"key": "debt-of", "type": "clause", "offset": [349, 356]}, {"key": "applicable-rate-margin", "type": "definition", "offset": [440, 462]}, {"key": "increased-by", "type": "clause", "offset": [472, 484]}, {"key": "an-additional", "type": "clause", "offset": [566, 579]}, {"key": "change-in", "type": "definition", "offset": [643, 652]}, {"key": "the-rate", "type": "clause", "offset": [653, 661]}, {"key": "applicable-interest-rates", "type": "clause", "offset": [689, 714]}, {"key": "in-effect", "type": "clause", "offset": [852, 861]}], "hash": "876dde446b9b380de63b87ae9e6b20c5", "id": 5}, {"samples": [{"hash": "2tjJ8qHMG5j", "uri": "/contracts/2tjJ8qHMG5j#rate-margin", "label": "Credit Agreement (Renegy Holdings, Inc.)", "score": 18.0, "published": true}], "size": 1, "snippet": "means, for all LIBOR Loans, the applicable rate set forth below, and for all Base Rate Loans, such rate minus 0.75%: During Years Time Period Construction Years 1-5 Years 6-10 11-Maturity ----------- ------------ --------- ---------- ----------- Construction Loans 2.00% 1.50% 1.75% 2.00% and Term Loans (Rate Margin is also used to calculate LC Fees, so amounts are also shown for periods after Loans will have been repaid.) At any time that the long-term unsecured senior debt of either APS or SRP is rated less than BBB- by S&P or Baa3 by Moody's, the otherwise applicable Rate Margin shall be increased by \u2587.\u2587\u2587%; and if rated less than BB+ by S&P or Ba1 by Moody's shall be increased by an additional 0.25% (for a maximum tot\u2587\u2587 \u2587\u2587\u2587\u2587ease of 0.50%). If there is any change in the Rate Margin during any quarter, applicable interest rates and LC Fees shall be computed and multiplied by the Rate Margin separately for each period during such quarter that such Rate Margin was in effect.", "snippet_links": [{"key": "libor-loans", "type": "clause", "offset": [15, 26]}, {"key": "the-applicable", "type": "clause", "offset": [28, 42]}, {"key": "base-rate-loans", "type": "clause", "offset": [77, 92]}, {"key": "time-period", "type": "clause", "offset": [130, 141]}, {"key": "construction-loans", "type": "definition", "offset": [246, 264]}, {"key": "term-loans", "type": "clause", "offset": [293, 303]}, {"key": "lc-fees", "type": "clause", "offset": [343, 350]}, {"key": "at-any-time", "type": "clause", "offset": [426, 437]}, {"key": "debt-of", "type": "clause", "offset": [474, 481]}, {"key": "applicable-rate-margin", "type": "definition", "offset": [565, 587]}, {"key": "increased-by", "type": "clause", "offset": [597, 609]}, {"key": "an-additional", "type": "clause", "offset": [691, 704]}, {"key": "change-in", "type": "definition", "offset": [768, 777]}, {"key": "the-rate", "type": "clause", "offset": [778, 786]}, {"key": "applicable-interest-rates", "type": "clause", "offset": [814, 839]}, {"key": "in-effect", "type": "clause", "offset": [977, 986]}], "hash": "c9b20dddd449eb7566ad3768f72115c8", "id": 6}, {"samples": [{"hash": "5FSLr7rilXh", "uri": "/contracts/5FSLr7rilXh#rate-margin", "label": "First Lien Credit Agreement (Fortress Transportation & Infrastructure Investors LLC)", "score": 30.3333333333, "published": true}], "size": 1, "snippet": "means the applicable rate set forth below: From Closing Date until the LC Maturity Date 3.50% 2.50%", "snippet_links": [{"key": "applicable-rate", "type": "clause", "offset": [10, 25]}, {"key": "closing-date", "type": "clause", "offset": [48, 60]}, {"key": "lc-maturity-date", "type": "definition", "offset": [71, 87]}], "hash": "57633b2da1ed12a60c84790d0251c2f2", "id": 7}, {"samples": [{"hash": "1gcg1O3pxSH", "uri": "/contracts/1gcg1O3pxSH#rate-margin", "label": "Credit Agreement (Calpine Corp)", "score": 21.0, "published": true}], "size": 1, "snippet": "means the applicable rate set forth below: Term Period Rate Margin From the Restatement Date until December 31, 2011 2.875% From January 1, 2012 until December 31, 2013 3.000 % From January 1, 2014 until December 31, 2015 3.125% From and after January 1, 2016 3.375%", "snippet_links": [{"key": "applicable-rate", "type": "clause", "offset": [10, 25]}, {"key": "term-period", "type": "definition", "offset": [43, 54]}, {"key": "restatement-date", "type": "clause", "offset": [76, 92]}, {"key": "until-december", "type": "definition", "offset": [93, 107]}, {"key": "after-january", "type": "clause", "offset": [238, 251]}], "hash": "4e1e8e253d23f30af0d05cc2686c3e96", "id": 8}, {"samples": [{"hash": "9SrMwFgikaC", "uri": "/contracts/9SrMwFgikaC#rate-margin", "label": "Credit Agreement (CNX Resources Corp)", "score": 31.1957563313, "published": true}], "size": 1, "snippet": "means 6.75% per annum for LIBOR Loans and 5.75% per annum for Base Rate Loans.", "snippet_links": [{"key": "per-annum", "type": "clause", "offset": [12, 21]}, {"key": "for-libor-loans", "type": "clause", "offset": [22, 37]}, {"key": "base-rate-loans", "type": "clause", "offset": [62, 77]}], "hash": "3378daba5be8a35c80863572c80832fc", "id": 9}, {"samples": [{"hash": "wsGwJz92bH", "uri": "/contracts/wsGwJz92bH#rate-margin", "label": "Credit Agreement (CNX Resources Corp)", "score": 31.1957563313, "published": true}], "size": 1, "snippet": "means, with respect to any LIBOR Loans and Base Rate Loans, as the case may be, the rate per annum set forth below based upon CNX\u2019s Corporate Family Rating then in effect: Pricing Level Corporate Family Rating LIBOR Loans Base Rate Loans I B+ or higher from S&P and B1 or higher from \u2587\u2587\u2587\u2587\u2587\u2019\u2587 4.50 % 3.50 % II Otherwise 5.00 % 4.00 % For purposes of the foregoing, (a) if at any time, only one Corporate Family Rating shall be in effect, Pricing Level II shall apply, (b) if no Corporate Family Rating shall be in effect (other than by reason of the circumstances referred to in the final paragraph of this definition), Pricing Level II shall apply, (c) if at any time there is more than one Corporate Family Rating in effect and such applicable ratings are in different Pricing Levels, Pricing Level II shall apply, and (d) if the Corporate Family Rating established by S&P or \u2587\u2587\u2587\u2587\u2587\u2019\u2587 shall be changed (other than as a result of a change in the rating system of S&P or \u2587\u2587\u2587\u2587\u2587\u2019\u2587), such change shall be effective as of the date on which it is first announced by the applicable rating agency. Each change in the Corporate Family Rating shall apply during the period commencing on the effective date of such change and ending on the date immediately preceding the effective date of the next such change. If the rating system of S&P or \u2587\u2587\u2587\u2587\u2587\u2019\u2587 shall change, or if any of such rating agencies shall cease to be in the business of providing corporate family ratings, the Borrower and the Lenders shall negotiate in good faith to amend this definition to reflect such changed rating system or the unavailability of ratings from such rating agency and, pending the effectiveness of any such amendment, the Corporate Family Rating shall be determined by reference to the rating most recently in effect prior to such change or cessation.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "libor-loans", "type": "clause", "offset": [27, 38]}, {"key": "base-rate-loans", "type": "clause", "offset": [43, 58]}, {"key": "the-case", "type": "definition", "offset": [63, 71]}, {"key": "the-rate", "type": "clause", "offset": [80, 88]}, {"key": "per-annum", "type": "clause", "offset": [89, 98]}, {"key": "corporate-family-rating", "type": "definition", "offset": [132, 155]}, {"key": "in-effect", "type": "clause", "offset": [161, 170]}, {"key": "the-foregoing", "type": "definition", "offset": [349, 362]}, {"key": "at-any-time", "type": "clause", "offset": [371, 382]}, {"key": "pricing-level-ii", "type": "definition", "offset": [437, 453]}, {"key": "the-final", "type": "clause", "offset": [578, 587]}, {"key": "applicable-ratings", "type": "definition", "offset": [734, 752]}, {"key": "pricing-levels", "type": "clause", "offset": [770, 784]}, {"key": "a-change-in", "type": "definition", "offset": [929, 940]}, {"key": "rating-system", "type": "definition", "offset": [945, 958]}, {"key": "effective-as-of-the", "type": "clause", "offset": [1000, 1019]}, {"key": "applicable-rating-agency", "type": "clause", "offset": [1063, 1087]}, {"key": "during-the-period", "type": "clause", "offset": [1144, 1161]}, {"key": "commencing-on-the-effective-date", "type": "clause", "offset": [1162, 1194]}, {"key": "effective-date-of-the", "type": "clause", "offset": [1259, 1280]}, {"key": "rating-agencies", "type": "definition", "offset": [1370, 1385]}, {"key": "in-the-business", "type": "definition", "offset": [1404, 1419]}, {"key": "the-lenders", "type": "clause", "offset": [1476, 1487]}, {"key": "negotiate-in-good-faith", "type": "definition", "offset": [1494, 1517]}, {"key": "to-amend", "type": "definition", "offset": [1518, 1526]}, {"key": "reference-to", "type": "clause", "offset": [1743, 1755]}, {"key": "prior-to", "type": "clause", "offset": [1791, 1799]}], "hash": "d63312022be10059a4b931a69f5dc60e", "id": 10}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIUcmF0ZS1tYXJnaW4jMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Rate Margin", "size": 26, "snippet": "has the meaning set forth in Section 1.1.5.", "id": "rate-margin", "examples": ["The Default <strong>Rate Margin</strong> shall also apply to each succeeding interest rate change that would have applied had there been no default.", "Any amount not reimbursed on the date of such payment or disbursement shall bear interest from the date of such payment or disbursement to the date that the Issuing Lender is reimbursed by the Company therefor, payable on demand, at a rate per annum equal to the Base Rate from time to time in effect plus the Base <strong>Rate Margin</strong> from time to time in effect plus, beginning on the third Business Day after receipt of notice from the Issuing Lender of such payment or disbursement, 2%.", "Borrowers shall pay Agent (for the ratable benefit of the Revolving Lenders), a Letter of Credit fee (the \u201cLetter of Credit Fee\u201d) (which fee shall be in addition to the fronting fees and commissions, other fees, charges and expenses set forth in Section 2.11(k)) that shall accrue at a per annum rate equal to the LIBOR <strong>Rate Margin</strong> times the undrawn amount of all outstanding Letters of Credit.", "Except as otherwise provided in Section 3.7, the unpaid principal amount of any Eurodollar Rate Advance shall bear interest at a rate per annum equal to the Eurodollar Rate for that Eurodollar Rate Advance plus the Applicable Eurodollar <strong>Rate Margin</strong>.", "Except as otherwise provided in Section 3.7, the unpaid principal amount of any Alternate Base Rate Advance shall bear interest at a fluctuating rate per annum equal to the Alternate Base Rate plus the Applicable Alternate Base <strong>Rate Margin</strong>.", "Except as provided in clause (c) below, all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof as follows (i) if the relevant Obligation is an Advance that is a LIBOR Rate Loan, at a per annum rate equal to the LIBOR Rate plus the LIBOR <strong>Rate Margin</strong>, and (ii) otherwise, at a per annum rate equal to the Base Rate plus the Base <strong>Rate Margin</strong>.", "Except as provided in clause (c) below, all Obligations (except for undrawn Letters of Credit and except for Bank Product Obligations) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof as follows (i) if the relevant Obligation is an Advance that is a LIBOR Rate Loan, at a per annum rate equal to the LIBOR Rate plus the LIBOR <strong>Rate Margin</strong>, and (ii) otherwise, at a per annum rate equal to the Base Rate plus the Base <strong>Rate Margin</strong>.", "Changes in the rate of interest on any ABR Loan will take effect simultaneously with each change in the Alternate Base Rate or the Applicable Base <strong>Rate Margin</strong>.", "Except as provided in clause (c) below, all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to the Base Rate plus the Base <strong>Rate Margin</strong>.", "Borrower shall pay Agent (for the ratable benefit of the Lenders with a Revolver Commitment, subject to any agreements between Agent and individual Lenders), a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e)) which shall accrue at a per annum rate equal to the LIBOR <strong>Rate Margin</strong> times the Daily Balance of the undrawn amount of all outstanding Letters of Credit."], "related": [["note-margin", "Note Margin", "Note Margin"], ["libor-rate-margin", "LIBOR Rate Margin", "LIBOR <strong>Rate Margin</strong>"], ["base-rate-margin", "Base Rate Margin", "Base <strong>Rate Margin</strong>"], ["prime-rate-margin", "Prime Rate Margin", "Prime <strong>Rate Margin</strong>"], ["floating-rate-margin", "Floating Rate Margin", "Floating <strong>Rate Margin</strong>"]], "related_snippets": [], "updated": "2025-07-06T21:56:45+00:00"}, "json": true, "cursor": ""}}