Applicable Term Loan Margin definition

Applicable Term Loan Margin means, (i) for any day immediately prior to the Amendment No. 6 Effective Date, with respect to any Term Loan that is an ABR Loan, 4.75% per annum, and any Term Loan that is a Eurodollar Loan, 5.75% per annum and (ii) for any day on and after the Amendment No. 6 Effective Date, with respect to any Term Loan that is an ABR Loan, 5.25% per annum, and any Term Loan that is a Eurodollar Loan, 6.25% per annum.”

Applicable Term Loan Margin means, for any day, with respect to any Term Loan that is an ABR Loan, 6.00% per annum, and any Term Loan that is a Eurodollar Loan, 7.00% per annum.

Applicable Term Loan Margin means (a) 300 basis points for Term Loans that are Base Rate Loans and (b) 400 basis points for Term Loans that are Eurodollar Loans.

Examples of Applicable Term Loan Margin in a sentence

• The outstanding principal amount of each Term Loan made by each Lender shall bear interest at a fluctuating rate per annum that shall at all times be equal to (i) during such periods as such Term Loan is a Base Rate Loan, the Base Rate plus the Applicable Term Loan Margin, and (ii) during such periods as such Term Loan is a Eurodollar Loan, the relevant Adjusted Eurodollar Rate for such Eurodollar Loan for the applicable Interest Period plus the Applicable Term Loan Margin.

• Each Term Loan or portion thereof maintained as a LIBOR Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the LIBOR Adjusted Rate plus the Applicable Term Loan Margin.

• With respect to any portion of the Term Loan that shall be a Eurodollar Loan, Borrower shall pay interest on the unpaid principal amount of each Eurodollar Loan outstanding from time to time, fixed in advance on the first day of the Interest Period applicable thereto through the last day of the Interest Period applicable thereto (but subject to changes in the Applicable Term Loan Margin), the Derived Term Loan Eurodollar Rate.

• The trainee will be allowed to take the assessment as many times as the trainee wants by paying the assessing fee each time.

• An initial allocation of 20 days had been made in the 2018/19 Audit Plan.

More Definitions of Applicable Term Loan Margin

Applicable Term Loan Margin means (a) with respect to Closing Date Term Loans, (i) 175 basis points for Closing Date U.S. Term Loans that are Base Rate Loans, (ii) 275 basis points for Closing Date U.S. Term Loans that are Eurocurrency Loans and (iii) 325 basis points for Closing Date EMEA Term Loans, (b) with respect to 2020 EMEA Term Loans, (x) on and after the Amendment No. 2 Effective Date and prior to the two-year anniversary of the Amendment No. 2 Effective Date, (i) 325 basis points for 2020 EMEA Term Loans that are Base Rate Loans and (ii) 425 basis points for 2020 EMEA Term Loans that are Eurocurrency Loans, and (y) on and after the two-year anniversary of the Amendment No. 2 Effective Date, (i) 375 basis points for 2020 EMEA Term Loans that are Base Rate Loans and (ii) 475 basis points for 2020 EMEA Term Loans that are Eurocurrency Loans, and (c) with respect to any other Class of Term Loans, the rate or rates specified in the applicable Additional Credit Extension Amendment.

Applicable Term Loan Margin means, with respect to Initial Term Loans, (i) 6.50% per annum for Initial Term Loans that are Base Rate Loans and (ii) 7.50% per annum for Initial Term Loans that are Eurodollar Loans.

Applicable Term Loan Margin means twelve percent (12.00%).

Applicable Term Loan Margin means:

Applicable Term Loan Margin means at all times during the applicable periods in which the Borrower's Senior Secured Leverage Ratio (determined by reference to the applicable Compliance Certificate as set forth below) is as set forth in the column entitled Senior Secured Leverage Ratio (a) with respect to the unpaid principal amount of each Base Rate Loan, the applicable percentage set forth below in the column entitled Applicable Term Loan Margin for Base Rate Loans and (b) with respect to the unpaid principal amount of each LIBO Rate Loan, the applicable percentage set forth below in the column entitled Applicable Term Loan Margin for LIBO Rate Loans: || Senior Secured Applicable Term Applicable Term Loan Leverage Ratio Loan Margin Margin for Base Rate Loans for LIBO Rate Loans Less than or equal to 3.25% 4.25% 2.0:1.0 Greater than 2.0:1.0 3.50% 4.50%

Applicable Term Loan Margin means, with respect to the Term Loan Facility:

Applicable Term Loan Margin means at all times during the applicable periods in which the Borrower's Senior Secured Leverage Ratio (determined by reference to the applicable Compliance Certificate as set forth below) is as set forth in the column entitled "Senior Secured Leverage Ratio": (a) with respect to the unpaid principal amount of each Base Rate Loan, the applicable percentage set forth below in the column entitled "Applicable Term Loan Margin for Base Rate Loans" and (b) with respect to the unpaid principal amount of each LIBO Rate Loan, the applicable percentage set forth below in the column entitled "Applicable Term Loan Margin for LIBO Rate Loans": Applicable Term Loan Applicable Term Loan Senior Secured Leverage Margin Margin Ratio for Base Rate Loans for LIBO Rate Loans --------------------- -------------------- Less than or equal to 2.50% 3.50% 2.0:1.0 Greater than 2.0:1.0 2.75% 3.75%