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Common use of MARGIN RATCHET Clause in Contracts

MARGIN RATCHET. The initial Margin is the percentage rate per annum specified as such in the Reference Rate Terms.

Appears in 2 contracts

Sources: Note Subscription Agreement (CorpAcq Group PLC), Note Subscription Agreement (CorpAcq Group PLC)

Related Clauses

  • Margin
  • Applicable Margins
  • Applicable Margin
  • Circumstances Affecting LIBOR Rate Availability
  • Laws Affecting LIBOR Rate Availability

Parent Clauses

  • Participation and Notification
  • NOTIFICATION TO LENDERS
  • Interest
  • Facilitation of establishment of Incremental Notes Series
  • Note Certificates

Sub-Clauses

  • REVIEW OF CIRCUMSTANCES
  • TAX CREDITS
  • APPLICABLE INTEREST RATE
  • No Obligor
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