Pricing Tier means the Customer’s applicable pricing tier, determined based on the number and amount of Application Obligations at the time of determination, as set forth in the schedule included as part of the Order Form.
Pricing Tier has the meaning specified in the definition of "Applicable Margin."
Pricing Tier means the pricing band applicable to Customer specified in the Product Order, subject to adjustment in accordance with Paragraph 2.4.
Examples of Pricing Tier in a sentence
Applicable Pricing Tier and fees Cl 8.1 <Insert applicable Pricing Tier and fees> Address for notices and questions Cl 19 NLA: <insert email address for notices> Trove Partner: <insert email address for notices> Applicable Policies Cl 16 <list any policies Trove Partners are required to comply with> NLA technical standards Cl 6.1 <insert> Executed as an agreement.
More Definitions of Pricing Tier
Pricing Tier shall have the meaning set forth in Appendix 3.
Pricing Tier means the agreed pricing tiers for the calculation of LIBOR Margin and Undrawn Commitment Fees which are based on the Funded Debt Ratio applicable to the Borrowers for the preceding calendar quarter, with such pricing tier to be applicable throughout the immediately succeeding calendar quarter, as follows: Funded Debt Ratio for Funded Debt Ratio for Calendar Quarters Calendar Quarters Ending 12/31 and 3/31 Ending 6/30 and 9/30 Pricing Tier ----------------------------------------------------------------------------------------------------- Pricing Tier 1 < or = 3.25 < or = 2.25 Pricing Tier 2 >3.25, but < or = 3.50 >2.25, but < or = 2.50 Pricing Tier 3 >3.50, but < or = 3.75 >2.50, but < or = 3.00 Pricing Tier 4 > 3.75 > 3.00 By way of example and not limitation, if the Funded Debt Ratio for the calendar quarter ended September 30 is greater than 2.25 but less than or equal to 2.50, then during the calendar quarter commencing on October 1 and ending on December 31, the Borrowers would be in Pricing Tier 2. If for any reason Borrowers fail to provide the financial statements necessary to calculate the Funded Debt Ratio within thirty (30) days after written notice from the Administrative Agent, the Default Rate shall apply retroactively from the date when such necessary financial statements originally were due (without reference to such written notice from the Administrative Agent or such thirty-day period) until such necessary financial statements are provided by Borrowers.
Pricing Tier means any of the pricing tiers specified in Schedule 5.
Pricing Tier means the agreed pricing tiers for the calculation of LIBOR Margin and Undrawn Commitment Fees which are based on the Funded Debt Ratio applicable to the Borrowers for the preceding calendar quarter, with such pricing tier to be applicable throughout the immediately succeeding calendar quarter, as follows:
Pricing Tier shall have the meaning set forth in Schedule A of this Agreement.
Pricing Tier means the agreed pricing tiers for the calculation of LIBOR Margin and Undrawn Commitment Fees which are based on the EBITDA/Interest Coverage Ratio applicable to the Borrowers for the preceding fiscal quarter, with such pricing tier to be applicable from the first day of the calendar month following the public release of the Borrowers’ financial reports for the immediately preceding fiscal quarter through the last day of the calendar month during which the Borrowers shall publicly release their financial reports for the immediately succeeding fiscal quarter, as follows: Pricing Tier EBITDA/Interest Coverage Ratio | Tier I > = 3.50 Tier II > = 3.00, but < 3.50 Tier III > = 2.25, but < 3.00 Tier IV > = 1.25, but < 2.25 Tier V > = 1.00, but< 1.25 By way of example and not limitation, (a) if the Borrowers publicly release their financial reports for the fiscal quarter ended March 31 on April 25 and publicly release their financial reports for the fiscal quarter ended June 30 on August 5, then from May 1 until August 31 the Pricing Tier in effect shall be the Pricing Tier determined in accordance with the financial reports released on April 25, and (b) if the EBITDA/Interest Coverage Ratio for the fiscal quarter ended March 31 is greater than or equal to 3.00 but less than 3.50, then during the period specified in (a) above the Borrowers would be in Pricing Tier II. If for any reason the Borrowers fail to provide the financial statements necessary to calculate the EBITDA/Interest Coverage Ratio within thirty (30) days after written notice from the Administrative Agent, the Default Rate shall apply retroactively from the date when such necessary financial statements originally were due (without reference to such written notice from the Administrative Agent or such thirty-day period) until such necessary financial statements are provided by Borrowers.
Pricing Tier means the agreed pricing tiers for the calculation of LIBOR Margin and Undrawn Commitment Fees which are based on the Funded Debt Ratio applicable to the Borrowers for the preceding calendar quarter, with such pricing tier to be applicable throughout the immediately succeeding calendar quarter, as follows: Credit Agreement