Reference Rate means the rate specified as such hereon.
Rate Schedules means the schedules of EDTI’s Distribution Tariff that set out charges;
Rate Schedule or “Rider” means the rate or charge for a particular classification of service, including all special terms and conditions under which that service is furnished at the prescribed rate or charge.
Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.
Applicable Reference Rate means, for any Eurocurrency Rate Loan denominated in any LIBOR Quoted Currency or any LIBOR Floating Rate Loan, LIBOR, for any Eurocurrency Rate Loan denominated in Australian Dollars, BBSY, for any Eurocurrency Rate Loan denominated in Canadian Dollars, the CDOR Rate and for any Eurocurrency Rate Loan denominated in Mexican Pesos, TIIE, as applicable.
Replacement Reference Rate means a reference rate which is:
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 Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.
Term SOFR Reference Rate means the forward-looking term rate based on SOFR.
Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.
Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.
Applicable Commitment Fee Rate means:
Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.
Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment at such time as set forth in the Pricing Schedule.
Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.
Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:
Prime Rate Spread means the difference (expressed as the number of basis points) between (a) LIBOR plus the Spread on the date LIBOR was last applicable to the Loan and (b) the Prime Rate on the date that LIBOR was last applicable to the Loan; provided, however, in no event shall such difference be a negative number.
Base Rate Term Loan means a Term Loan that is a Base Rate Loan.
Pricing Grid the pricing grid attached hereto as Annex A.
Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.
Prime Rate Margin is set forth on Schedule I hereto.
LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.
Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):