Applicable Eurodollar Margin. The applicable margin with respect to Eurodollar Loans as set forth in the Pricing Table.
Applicable Eurodollar Margin. As used herein, the term "APPLICABLE EURODOLLAR MARGIN", as applied to any General Revolving Loan which is a Eurodollar Loan, means the particular rate per annum determined by the Administrative Agent in accordance with the Pricing Grid Table which appears below, based on the Borrower's Fixed Charge Coverage Ratio and such Pricing Grid Table, and the following provisions:
Applicable Eurodollar Margin. With respect to Eurodollar Rate Loans, the spread, expressed in basis points, over the Eurodollar Rate and used in calculating the interest rate applicable to Eurodollar Rate Loans which spread shall vary from time to time in relationship to variances in the Debt Ratings as set forth below. The applicable Debt Ratings and Eurodollar Spreads (bps) for Eurodollar Rate Loans are as set forth in the following table: S&P Moody’s Eurodollar Spread (bps) A- or above A3 or above 50.0 BBB+ Baa1 55.0 BBB Xxx0 00.0 XXX- Xxx0 80.0 Below BBB- or unrated Below Baa3 or unrated 100.0 In the event only one of S&P or Xxxxx’x is one of the two Rating Agencies as required hereunder at the time of reference, the Debt Rating from the other Rating Agency for purposes of establishing the Eurodollar Spread (bps) shall be the rating level utilized by such other Rating Agency which corresponds to the comparable rating levels set forth in the table above. In the event the Debt Ratings from the Rating Agencies are not equivalent, the Eurodollar Spread (bps) will be determined (i) based on the higher of the two Debt Ratings if the lower Debt Rating is no more than one level lower than the higher Debt Rating, and (ii) based on the level that is one rating level higher than the lower Debt Rating if the lower Debt Rating is more than one level lower than the higher Debt Rating. Adjustments in the Eurodollar Spread (bps) for a Eurodollar Rate Loan based upon a change in a Debt Rating level shall be effective on the first day following the change in such Debt Rating. The Borrower shall notify the Agent in writing of any change in the Debt Rating as and when such change occurs.
Applicable Eurodollar Margin. See Section 2.10. APPROVED ACQUISITION EBITDA. In relation to any particular Permitted Acquisition, the EBITDA of the Acquired Party for the most recently completed four (4) fiscal quarters prior to the consummation of such Permitted Acquisition, as such EBITDA is adjusted in accordance with clause (ix) of the definition of Permitted Acquisition.
Applicable Eurodollar Margin. Notwithstanding anything to the contrary in the Credit Agreement, during the Waiver Period, the Applicable Eurodollar Margin shall be 3.50%. This Section 2 is not meant to extend the Limited Waiver set forth in Section 1.
Applicable Eurodollar Margin. The Applicable Eurodollar Margin for each Series [ ] New Term Loans shall mean, as of any date of determination, [ ]% per annum [plus the pricing premium, if any, less the pricing reduction].
Applicable Eurodollar Margin. Section 1.3A of the Loan Agreement is hereby deleted in its entirety and the following is substituted in lieu thereof:
Applicable Eurodollar Margin. See Section 2B.2(f). Assignee. See Section 9.10. Authorized Representative. Until USL's chief financial officer or chief executive officer notifies the Agent that any of the following is no longer an Authorized Representative, each of Michael Amborn, Patricia Birdener, Mary Jakubowski or William F. Xxxxxx, xx xxch xxxxx xxxxxx(x) xx XXX'x xxxxx xxnancxxx xxxxxxx xx xxief executive officer may identify to the Agent in writing. Availability. The sum of the U.S. Borrowing Base, plus the amount of any Overadvances then permitted to be borrowed under Section 2.3 hereof, minus the Canadian Deficiency. Bailee Waivers. Collectively, the separate Bailee Waivers which have been or are executed and delivered to the Agent, for the ratable benefit of the Banks and the Agent, by the bailee under any bailment, in form and substance reasonably acceptable to the Agent. Bank of Boston. See Preamble.
Applicable Eurodollar Margin. Notwithstanding anything to the contrary in the Credit Agreement, and regardless of whether the Senior Notes Resolution shall have occurred, during the Waiver Period, the Applicable Eurodollar Margin shall be 3.50%. This Section 2 is not meant to extend the Limited Waiver set forth in Section 1 nor is meant to modify Section 2.05 of the Credit Agreement if the Senior Notes Resolution shall have not occurred.
Applicable Eurodollar Margin. As used herein, the term "Applicable Eurodollar Margin", as applied to any Loan which is a Eurodollar Loan, means the rate per annum determined by the Administrative Agent in accordance with the Pricing Grid Table which appears below, based on the Company's Consolidated EBITDA/Interest Ratio and the following provisions. Initially, until changed hereunder in accordance with the following provisions, the Applicable Eurodollar Margin will be 42.50 basis points per annum. Changes in the Applicable Eurodollar Margin, based upon changes in the Company's Consolidated EBITDA/Interest Ratio as at the end of any fiscal quarter ending on or after the fiscal quarter ended on or nearest to December 31, 1999, shall become effective on the first day of the month following the receipt by the Administrative Agent pursuant to section 8.1(a) or (b) of the financial statements of the Company, accompanied by the certificate referred to in section 8.1(c), demonstrating the computation of such ratio, based upon the ratio in effect at the end of the applicable period covered (in whole or in part) by such financial statements; provided that if any financial statements referred to in section 8.1(a) or (b), or the related certificate referred to in section 8.1(c), are not timely delivered, the Administrative Agent may determine the Applicable Eurodollar Margin based upon a good faith estimate by the Treasury Manager of such ratio as in effect at the end of the applicable period to be covered (in whole or in part) by such financial statements, provided, further, that if upon delivery of such delinquent financial statements and related certificate, such financial statements indicate that such good faith estimate was incorrect and, as a result thereof, the Applicable Eurodollar Margin for any Loans was too low at such determination, the Applicable Eurodollar Margin for such Loans shall be increased, as appropriate, with retroactive effect to the date of the change made on the basis of such determination, and the Co-Borrowers will immediately pay to the Administrative Agent, for the account of the Lenders all additional interest due by reason of such increased Applicable Eurodollar Margin. Any changes in the Applicable Eurodollar Margin shall be determined by the Administrative Agent and the Administrative Agent will promptly provide notice of such determinations to the Treasury Manager and the Lenders. Any such determination by the Administrative Agent pursuant to this section 2.8(g) ...
