Revolver LIBOR Margin definition

Revolver LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 2.5(a).
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Revolver LIBOR Margin has the meaning specified in Section 3.1(b)(i).
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Revolver LIBOR Margin mean per annum rates of interest charged in addition to the applicable Reference Rate or LIBOR Rate with respect to Revolving Loans. On the Closing Date, the Revolver Reference Margin and Revolver LIBOR Margin shall equal three quarters of one percent (.75%) and two and three quarters percent (2.75%), respectively. Commencing with the first day of the month following the Lender's receipt of the Borrowers' financial statements for the fiscal quarter ending November 30, 1996, and, prospectively, on the first day of each month following the Lender's receipt of the Borrowers' financial statements for each fiscal quarter thereafter, the Revolver Reference Margin and Revolver LIBOR Margin shall be subject to adjustment (up or down) based on the following grid: ------------------------------------------------------- IF BORROWERS' THE REVOLVER THE REVOLVER SENIOR DEBT/EBITDA REFERENCE MARGIN LIBOR MARGIN RATIO IS IS IS ------------------------------------------------------- <2.0* .25% 2.25% >2.0, but <3.5 .50% 2.50% ------------------------------------------------------- >3.5, but <5.0 .75% 2.75% ------------------------------------------------------- >5.0, but <10 1.00% 3.00% ------------------------------------------------------- >10 1.25% 3.25% ------------------------------------------------------- * Expressed, in each case, as a ratio of a specified number to 1.0.
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Examples of Revolver LIBOR Margin in a sentence

  • The Applicable Revolver Index Margin, Applicable Revolver LIBOR Margin, Applicable Term Loan Index Margin, Applicable Term Loan LIBOR Margin, Applicable L/C Margin, and Applicable Unused Line Fee Margin shall be 0.50%, 2.00%, 0.75%, 2.25%, 1.50%, and 0.375% per annum, respectively.

  • Being for others echoes Jesus’ words; “I came not to be served, but to serve others,” (Mk. 10:45).

  • The Applicable Margins shall be as follows: Applicable Revolver Index Margin 2.75 % Applicable Revolver LIBOR Margin 3.75 % Applicable Term Loan Index Margin 2.75 % Applicable Term Loan LIBOR Margin 3.75 % 1 Borrower to supply account information.

  • The Applicable Revolver Index Margin and Applicable Revolver LIBOR Margin shall be 0.50% and 2.00% per annum, respectively, as of the Closing Date.

  • Notwithstanding any other provision of this Agreement or the other Loan Documents, the Swing Line Loan shall constitute a Loan bearing interest at the commercial paper rate plus the Applicable Revolver LIBOR Margin for US Swing Line Advances or the Index Rate plus the Applicable Revolver BA Margin for Canadian Swing Line Advances in Canadian Dollars as provided in Section 1.5(a) and no Swing Line Loan shall remain outstanding for more than fifteen (15) days.

  • Borrower shall pay interest to Agent, for the benefit of Lenders with respect to the Loans denominated in Sterling being made to U.S. Borrower, in Sterling in arrears on each applicable Interest Payment Date, at the Sterling Index Rate plus the Applicable U.S. Revolver Sterling Index Margin per annum or at the election of U.S. Borrower, the applicable LIBOR Rate plus the Applicable U.S. Revolver LIBOR Margin per annum.

  • The Applicable Revolver Index Margin, Applicable Revolver LIBOR Margin, Applicable Term Loan Index Margin, Applicable Term Loan LIBOR Margin and Applicable Unused Line Fee Margin, will be 0.0%, 1.5%, 0.0%, 1.5% and 0.25% per annum, respectively, as of the Effective Date.

  • The entry into force of this Decision should allow for SIS data to be transferred to Croatia.

  • Borrower shall pay interest to Agent, for the ratable benefit of Lenders in accordance with the various Loans being made by each Lender, in arrears on each applicable Interest Payment Date, at the Index Rate plus the Applicable Revolver Index Margin per annum or, at the election of Borrower, the applicable LIBOR Rate plus the Applicable Revolver LIBOR Margin per annum, based on the aggregate Revolving Credit Advances outstanding from time to time.

  • The Applicable Revolver Index Margin, Applicable Revolver LIBOR Margin, and Applicable Unused Line Fee Margin shall be 0%, 2.5%, and 0.25% PER ANNUM, respectively, as of the Closing Date.


More Definitions of Revolver LIBOR Margin

Revolver LIBOR Margin means the percentages set forth below determined with respect to the Profit to Sales Percent of the Company, with any change to occur on the first day of the month following each filing of a 10Q or 10K report by the Company with the SEC, and the Agent's receipt and review of a copy thereof. Should the Company fail timely to file and provide to the Agent a copy of the aforementioned reports (without giving effect to any extension of time), then interest will be computed based on the highest margin
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Revolver LIBOR Margin mean per annum rates of interest charged in addition to the applicable Reference Rate or LIBOR Rate with respect to Revolving Loans. On the effective date of the Waiver and Amendment No. 3 to this Agreement, the Revolver Reference Margin and Revolver LIBOR Margin shall equal three-quarters of one percent (0.75%) and two and three-quarters percent (2.75%) respectively. Commencing with the first day of the month following the Lender's receipt of the Borrowers' financial statements for the fiscal quarter ending August 31, 1997, and prospectively, on the first day of each month following the Lender's receipt of the Borrowers' financial statements for each fiscal quarter thereafter, the Revolver Reference Margin and Revolver LIBOR Margin shall be subject to adjustment (up or down) based on the following grid: If Borrowers' The Revolver The Revolver Fixed Charge Reference LIBOR Coverage Ratio is Margin is Margin is Greater than 1.50 to 1.0 0.00% 2.00% Less than or equal to 1.50 to 1.0, but greater than 1.30 to 1.0 0.25% 2.25% Less than or equal to 1.30 to 1.0, but greater than 1.20 to 1.0 0.50% 2.50% Less than or equal to 1.20 to 1.0, but greater than 1.10 to 1.0 0.75% 2.75% Less than or equal to 1.20 to 1.0 1.00% 3.00%
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Related to Revolver LIBOR Margin

  • Applicable Revolver LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

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

  • Applicable LIBOR Margin means a per annum rate of interest payable in addition to the LIBOR Rate on LIBOR Rate Loans, determined by reference to Section 1.6.

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 125.0 III 175.0 IV 250.0

  • Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

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

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Eurodollar Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • 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.

  • 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.

  • Applicable Eurocurrency Margin means, as at any date of determination, the rate per annum then applicable to Eurocurrency Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

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

  • Prime Rate Margin is set forth on Schedule I hereto.

  • Applicable Prime Rate Margin shall have the meaning provided in section 2.7(g).

  • Applicable Base Rate Margin means, on any day, a rate per annum equal to the higher of (a) the Applicable Eurocurrency Margin for such day minus 1.00% and (b) 0.00%.

  • LIBOR Revolver Loan a Revolver Loan that bears interest based on LIBOR. License: any license or agreement under which an Obligor is authorized to use Intellectual Property in connection with any manufacture, marketing, distribution or disposition of Collateral, any use of Property or any other conduct of its business.

  • 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.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Applicable ABR Margin means, at any date:

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Euro-Dollar Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Eurodollar Rate Reserve Percentage for any Interest Period for all Eurodollar Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurodollar Rate Advances is determined) having a term equal to such Interest Period.

  • Letter of Credit Fee Rate means, at any time, the percentage rate per annum applicable to Letter of Credit Fees at such time as set forth in the Pricing Schedule.

  • 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.