Pricing Grid Clause Samples

Pricing Grid. Participation Agreement ----------------------- Applicable Consolidated Applicable Margin- Applicable Margin- Commitment Indebtedness Ratio Eurocurrency Loans Base Rate Loans Fee Rate ------------------- ------------------ --------------- -------- *4.0 to 1.0 1.75% .750% .375% **4.0 to 1.0 and 1.75% .750% .375% *3.0 to 1.0 **3.0 to 1.0 and 1.50% .500% .300% *2.0 to 1.0 **2.0 to 1.0 and 1.25% .500% .300% *1.0 to 1.0 **1.0 to 1.0 1.00% 0% .250% * denotes greater than ** denotes less than or equal to Changes in the Applicable Margin or in the Applicable Commitment Fee Rate resulting from changes in the Consolidated Indebtedness Ratio shall become effective on each date which is the start of the succeeding fiscal quarter (each, an "Adjustment Date") for which an Applicable Margin Certificate of --------------- Holdings is delivered to the Lenders pursuant to Section 10.2(f) of the Guarantee (but in any event not later than the 45th day after the end of each of each quarter of each fiscal year) and shall remain in effect until the next change to be effected pursuant to this paragraph. If any Applicable Margin Certificate referred to above is not delivered within the time periods specified above, then the Consolidated Indebtedness Ratio as at the end of the fiscal period that would have been covered thereby shall for the purposes of this definition be deemed to be greater than 4.0 to 1.0. In addition, at all times while an Event of Default shall have occurred and be continuing, the highest rate set forth in each column of the Pricing Grid shall apply. Each determination of the Consolidated Indebtedness Ratio pursuant to this Pricing Grid shall be made for the periods and in the manner contemplated by Section 11.1(d) of the Guarantee. EXHIBIT D TO THE PARTICIPATION AGREEMENT ----------------------- FORM REQUISITION HANOVER COMPRESSION INC. (the "Lessee"), submits this Requisition and ------ certifies, represents and warrants to each of the Lessor, Investors, The Chase Manhattan Bank, as agent (in such capacity, the "Agent"), and each of the ----- financial institutions from time to time parties to the Credit Agreement (the "Lenders") dated as of October 27, 2000, as follows (capitalized terms used in ------- this Requisition and not otherwise defined herein shall have the meaning assigned to such terms in Annex A to the Participation Agreement dated as of ------- October 27, 2000 , among the Lessee, the Lessor, the Investor, the Agent and the Lenders) in each cas...

Pricing Grid. Schedule 1.1(A) — Pricing Grid of the Credit Agreement is hereby amended and restated in its entirety as set forth on the schedule titled as Schedule 1.1(A) — Pricing Grid attached hereto.

Pricing Grid. The applicable initial rates of interest to be charged for each Prime Rate Loan or LIBOR Loan made hereunder shall be initially established as of the date of this Agreement and are listed on the grid set forth below ("Pricing Grid"). The initial pricing shall be subject to adjustment hereafter during the term of this Agreement based on any change in the Company's Leverage Ratio for the most recently completed fiscal quarter of the Company ("Pricing Event"). The Pricing Grid reflects the changed Rate Options which will replace the initial pricing based on a Pricing Event as follows:

Pricing Grid. If the Level The Facility Fee The The L/C Fee Rate The Eurodollar The Base Rate Status Is Rate is: Utilization is: Margin is: Margin is: Fee Rate is: ------------------ ------------------- ------------ ------------------- ------------------ -------------------- ------------------ ------------------- ------------ ------------------- ------------------ -------------------- Level I Status 0.100% 0.100% 0.400% 0.400% 0.000% ------------------ ------------------- ------------ ------------------- ------------------ -------------------- ------------------ ------------------- ------------ ------------------- ------------------ -------------------- Level II Status 0.125% 0.125% 0.475% 0.475% 0.000% ------------------ ------------------- ------------ ------------------- ------------------ -------------------- ------------------ ------------------- ------------ ------------------- ------------------ -------------------- Level III Status 0.150% 0.150% 0.600% 0.600% 0.000% ------------------ ------------------- ------------ ------------------- ------------------ -------------------- Level IV Status 0.175% 0.200% 0700% 0.700% 0.000% ------------------ ------------------- ------------ ------------------- ------------------ -------------------- ------------------ ------------------- ------------ ------------------- ------------------ -------------------- Level V Status 0.250% 0.250% 0.750% 0.750% 0.000% ------------------ ------------------- ------------ ------------------- ------------------ -------------------- ------------------ ------------------- ------------ ------------------- ------------------ -------------------- Level VI Status 0.6725% 0.500% 1.400% 1.400% 0.400% ------------------ ------------------- ------------ ------------------- ------------------ -------------------- Each change in a rating shall be effective as of the date it is announced by the applicable rating agency. In the event that the ▇▇▇▇▇'▇ Rating and the S&P Rating fall in consecutive Levels, the rating falling in the lower Level (with Level I being the highest Level and Level VI being the lowest Level) shall govern for purposes of determining the applicable pricing pursuant to the above pricing grid. In the event that the ▇▇▇▇▇'▇ Rating and the S&P Rating fall in non-consecutive Levels, the Level immediately above the Level in which the lower rating falls (with Level I being the highest Level and Level VI being the lowest Level) shall govern for purposes of determining the applicable pricing ...

Pricing Grid. Revolving Loans 1.1

Pricing Grid. The following table shall apply for determining interest rates for periods prior to the Amendment No. 2 Effective Date: I < 1.50:1.00 3.75% II ³ 1.50:1.00 and < 2.00:1.00 4.00% III ³ 2.00:1.00 and < 2.50:1.00 4.25% IV ³ 2.50:1.00 and < 3.00:1.00 4.50% V ³ 3.00:1.00 4.75% The following table shall apply for determining interest rates for periods on and following the Amendment No. 2 Effective Date: I < 1.50:1.00 4.25% II ³ 1.50:1.00 and < 2.00:1.00 4.50% III ³ 2.00:1.00 and < 2.50:1.00 4.75% IV ³ 2.50:1.00 and < 3.00:1.00 5.00% V ³ 3.00:1.00 5.25% For purposes of determining the Applicable Rate: (a) From the Amendment No. 2 Effective Date through the date on which the first Compliance Certificate is required to be delivered hereunder after the Amendment No. 2 Effective Date (the “Initial Period”), the Applicable Rate shall be the amount set forth under Level III of this Schedule 1.1(A) set forth above. (b) It is expressly agreed that after the Initial Period, the Applicable Rate shall be determined based upon Schedule 1.1(A) above and change on each date on which a Compliance Certificate is required to be delivered hereunder. (c) If, as a result of any restatement of or other adjustment to the financial statements of the Borrower or for any other reason, the Borrower or the Lenders determine that (i) the Total Net Leverage Ratio as calculated by the Borrower as of any applicable date was inaccurate and (ii) a proper calculation of the Total Net Leverage Ratio would have resulted in higher pricing for such period, the Borrower shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of the applicable Lenders, promptly on demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code, automatically and without further action by the Administrative Agent or any Lender), an amount equal to the excess of the amount of interest and

Pricing Grid. Pricing Level Adjusted Total Debt to EBITDAR Ratio Applicable Margin for Eurodollar Loans/Franchisee Loan Fundings Applicable Margin for Base Rate Loans Applicable Commitment Fee Percentage I < 1.50:1.0 1.25% 0.25% 0.300%

Pricing Grid. Total Leverage Ratio

Pricing Grid. On the terms and subject to the conditions of this Amendment, the definition of Pricing Grid in Section 1.01 of the Existing Credit Agreement is hereby deleted.