Reasonable Margin definition

Reasonable Margin means the quotient (expressed as a percentage) of (i) Total LNP Revenue, less the sum of all direct costs of providing the Services to all Centralized NPAC LLCs for the period for which Total LNP Revenue was calculated, divided by (ii) Total LNP Revenue. For purposes of this calculation, “direct costs” shall be calculated in accordance with generally accepted accounting principles applied on a consistent basis throughout the term of the NPAC/SMS Agreement.
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Related to Reasonable Margin

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Applicable Margins means collectively the Applicable L/C Margin, the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.