Applicable Rate Sample Clauses

Applicable Rate. The definition of “Applicable Rate” set forth in Section 14 is hereby amended by adding to the end of Subsection (b) of the definition after the word “Rate” the following provision: “; provided, however, that if the payee is a Defaulting Party for purposes of Section 6(e), then the rate shall be the Non-default Rate.”
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Applicable Rate. The Applicable Rate for the Incremental Term Loan, for any fiscal quarter, shall be the applicable rate per annum set forth in the table below opposite the Consolidated Leverage Ratio determined as of the last day of the immediately preceding fiscal quarter. APPLICABLE MARGIN PRICING CONSOLIDATED APPLICABLE MARGIN FOR ALTERNATE LEVELS LEVERAGE RATIO FOR LIBOR LOANS BASE RATE LOANS ------- ------------------ ----------------- ----------------- I Less than or equal to 0.5 0.50% 0% II Less than or equal to 1.0 but greater 0.625% 0% than 0.5 III Less than or equal to 1.5 but greater than 1.0 0.75% 0% IV Greater than 1.5 1.25% 0.25% Any increase or decrease in the Applicable Rate resulting from a change in the Consolidated Leverage Ratio shall become effective as of the first Business Day immediately following the date a Compliance Certificate is required to be delivered pursuant to Section 7.02(a) of the Credit Agreement; provided, however, that if a Compliance Certificate is not delivered when due in accordance with such Section, then Pricing Level IV shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been delivered and shall continue to apply until the first Business Day immediately following the date a Compliance Certificate is delivered in accordance with Section 7.02(a) of the Credit Agreement, whereupon the Applicable Rate shall be adjusted based upon the calculation of the Consolidated Leverage Ratio contained in such Compliance Certificate. Notwithstanding the foregoing the Applicable Rate in effect from the date of this Incremental Term Loan Commitment Agreement through the first Business Day immediately following the date a Compliance INCREMENTAL TERM LOAN COMMITMENT AGREEMENT RENAL CARE GROUP, INC.-MAY 2005 Certificate is required to be delivered pursuant to Section 7.02(a) for the fiscal quarter ending June 30, 2005 shall be based on Pricing Level IV.
Applicable Rate. The Applicable Rate (using a 365-day year) shall be determined in accordance with the following chart for each Settlement Currency: Settlement Currency Applicable Rate U.S. Dollars ***** ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.
Applicable Rate. The definition of “Applicable Rate” in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:
Applicable Rate. Interest shall accrue on the outstanding principal balance at the end of day of each Loan at the Applicable Rate in effect for such Loan on such day.
Applicable Rate. Assets........................... Associate........................
Applicable Rate. The term "Applicable Rate" shall mean:
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Applicable Rate. The Applicable Rate (using a 365-day year) shall be determined in accordance with the following chart for each Settlement Currency: Settlement Currency Applicable Rate U.S. Dollars ***** Association ObligorAny Person (other than Carrier) (i) directly liable (a “Direct Obligor”) for obligations owed to any Card Association on account of Sales Records ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. submitted to a Card Association hereunder (for example, Chargebacks and Card Association fines and assessments), or (ii) indirectly liable to any Card Association on account of Sales Records submitted to a Card Association hereunder through an indemnity given to a Direct Obligor or a guarantee of payment of any such indemnity obligation to a Direct Obligor (an “Indirect Obligation”).
Applicable Rate. The Adjusted LIBOR Rate unless the Default Rate is then applicable or the provisions of Section 6.1 below are then applicable.
Applicable Rate. The “Applicable Rate” under this Agreement shall be the following percentages per annum, based upon the Debt Rating as set forth below: Applicable Rate Pricing Level Debt Ratings S&P/Xxxxx’x Facility Fee Rate Applicable Rate for Eurodollar Loans Applicable Rate for Base Rate Loans Utilization Fee Rate 1 A/A2 or higher .045 % .180 % 0 .05 % 2 A-/A3 .050 % .200 % 0 .05 % 3 BBB+/Baa1 .070 % .230 % 0 .05 % 4 BBB/Baa2 .090 % .310 % 0 .05 % 5 BBB-/Baa3 .110 % .440 % 0 .05 % 6 Lower than BBB-/Baa3 or unrated .125 % .575 % 0 .10 % Initially, the Applicable Rate shall be determined based upon the Debt Rating of BBB/Baa2. Thereafter, each change in the Applicable Rate resulting from a publicly announced change in the Debt Rating shall be effective during the period commencing on the date of the public announcement thereof and ending on the date immediately preceding the effective date of the next such change.
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