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:
Appears in 1 contract
Sources: Credit Agreement (Astronics Corp)
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 ’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:
Appears in 1 contract
Sources: Credit Agreement (Astronics Corp)
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 as determined in accordance with Section 6.7 of this Agreement 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:
Appears in 1 contract
Sources: Credit Agreement (Mod Pac Corp)