Definition of Term Applicable Margin

  1. Term Applicable Margin means a percentage per annum equal to 12.5% per annum.

Examples of Term Applicable Margin in a sentence

  1. Subject to the provisions of Section 2.06(b), (i) the Term Loans shall bear interest at a rate per annum equal to the Term Applicable Margin and (ii) the Revolving Loans shall bear interest at a rate per annum equal to the Revolving Facility Applicable Margin.

Definition of Term Applicable Margin in First Lien Credit Agreement

Term Applicable Margin means a percentage per annum equal to 12.5% per annum.