the Margin definition

the Margin means one point two five per centum (1.25%) per annum.

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the Margin means one point six two five per centum (1.625%) per annum.

the Margin means one point eighty five per centum (1.85%) per annum

Examples of the Margin in a sentence

• The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

• The deposits to and/or withdrawals from the Margin Account, if any, shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

• The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement.

• Amounts received by the Custodian as payments or distributions with respect to Securities deposited in any Margin Account shall be dealt with in accordance with the terms and conditions of the Margin Account Agreement.

• The Custodian shall make deliveries or payments from a Margin Account to the broker, dealer, futures commission merchant or Clearing Member in whose name, or for whose benefit, the account was established as specified in the Margin Account Agreement.

More Definitions of the Margin

the Margin means the interest margin for the operating credit, as stated in section 9.3 (Marginal).

the Margin means one and one half per cent (1 1/2%).

the Margin means:- (a) one point two five per centum (1.25%) per annum for as long as the amount of the Loan outstanding remains below sixty per centum (60%) of the Fair Market Value of the Vessels; and (b) one point three seven five per centum (1.375%) per annum for as long as the amount of the Loan outstanding exceeds sixty per centum (60%) of the Fair Market Value of the Vessels.

the Margin means zero point nine five per centum (0.95%) per annum.

the Margin means: (a) where on the first Business Day of any Interest Period the Leverage Ratio (calculated by reference to the then most recent Market Value of the Vessels) is more than fifty per centum (50%), the margin for that Interest Period will be one point two five per centum (1.25%) per annum; and (b) where on the first Business Day of any Interest Period the Leverage Ratio (calculated by reference to the then most recent Market Value of the Vessels) is less than or equal to fifty per centum (50%), the margin for that Interest Period will be one point zero per centum (1.00%) per annum. PROVIDED ALWAYS that the Margin may not change more than once in any three month period.

the Margin means:- (a) for the period commencing on the first Advance Date and ending on the Delivery Advance Date (the last date excluded), one point four five per centum (1.45%) per annum; and (b) for the period commencing on the Delivery Advance Date and ending on the last date of the Facility Period, the percentage per annum determined by reference to the Standard and Poors ("S&P") rating of the Charterer from time to time as more particularly set out in the table below:- S &P rating Margin (%) per annum ------------------------- ----------------------- A 1.125 ------------------------- ----------------------- BBB + 1.15 ------------------------- ----------------------- BBB 1.20 ------------------------- ----------------------- BBB - 1.25 ------------------------- ----------------------- BB 1.40 ------------------------- ----------------------- B 1.50 Provided that if, at any time after the Delivery Advance Date, the rating for the Charterer shall at any time fall below an S&P rating of "B", the Bank and the Borrower shall, in the Bank's option, agree a new higher rate for the Margin.

the Margin. Pricing Grid set forth in Section 2.11(a)(vi) of the Loan Agreement is hereby amended to read in full as follows: ----------------------------------------------------------------------- Actual EBITDA for the Prior Index Base Twelve Months Margin Margin ----------------------------------------------------------------------- Tier I >$20,000,000 2.25% 1.00% ----------------------------------------------------------------------- Tier II >$17,500,000 < = $20,000,000 2.50% 1.00% ----------------------------------------------------------------------- Tier III >$15,000,000 < = $17,500,000 2.75% 1.25% ----------------------------------------------------------------------- Tier IV >$12,500,000 < = $15,000,000 3.00% 1.50% ----------------------------------------------------------------------- Tier V >$10,000,000 <= $12,500,000 3.25% 1.75% ----------------------------------------------------------------------- Tier VI < = $10,000,000 3.50% 2.00% -----------------------------------------------------------------------