Common use of Pricing Table Clause in Contracts

Pricing Table. APPLICABLE SENIOR PUBLIC APPLICABLE APPLICABLE EURODOLLAR LEVEL DEBT RATING FACILITY RATE L/C RATE RATE -------------------------------------------------------------------------------------------------------------- 1 (Greater than or equal to BBB by 0.2500% 1.0000% Eurodollar Rate Standard & Poor's and greater than per annum per annum plus 1.0000% or equal to Ba2 by Moody's) or per annum (greater than or equal to BBB- by Standard & Poor's and greater than or equal to Ba1 by Moody's) -------------------------------------------------------------------------------------------------------------- 2 BBB- by Standard & Poor's and Ba2 by 0.3000% 1.2000% Eurodollar Rate Moody's per annum per annum plus 1.2000% per annum -------------------------------------------------------------------------------------------------------------- 3 (BB+ by Standard & Poor's and Ba1 or 0.3750% 1.3750% Eurodollar Rate Ba2 by Moody's) or (BB by Standard & per annum per annum plus 1.3750% Poor's and Ba1 by Moody's) per annum -------------------------------------------------------------------------------------------------------------- 4 BB by Standard & Poor's and Ba2 by 0.4000% 1.6000% Eurodollar Rate Moody's per annum per annum plus 1.6000% per annum -------------------------------------------------------------------------------------------------------------- 5 (Less than BB by Standard & Poor's 0.5000% 1.7500% Eurodollar Rate or Ba2 by Moody's) or (Unrated by per annum per annum plus 1.7500% Standard & Poor's and Moody's) per annum -------------------------------------------------------------------------------------------------------------- The applicable rates charged for any day shall be determined by the Senior Public Debt Rating in effect as of that day.

Appears in 1 contract

Sources: Revolving Credit Agreement (Waste Management Holdings Inc)

Pricing Table. APPLICABLE SENIOR PUBLIC APPLICABLE APPLICABLE EURODOLLAR LEVEL DEBT RATING FACILITY RATE L/C RATE RATE -------------------------------------------------------------------------------------------------------------- 1 (Greater than or equal to BBB by 0.25000.2000% 1.00001.0500% Eurodollar Rate Standard & Poor's and greater than per annum per annum plus 1.00001.0500% or equal to Ba2 by Moody's) or per annum (greater than or equal to BBB- by Standard & Poor's and greater than or equal to Ba1 by Moody's) -------------------------------------------------------------------------------------------------------------- 2 BBB- by Standard & Poor's and Ba2 by 0.30000.2500% 1.20001.2500% Eurodollar Rate Moody's per annum per annum plus 1.20001.2500% per annum -------------------------------------------------------------------------------------------------------------- 3 (BB+ by Standard & Poor's and Ba1 or 0.37500.2500% 1.37501.5000% Eurodollar Rate Ba2 by Moody's) or (BB by Standard & per annum per annum plus 1.37501.5000% Poor's and Ba1 by Moody's) per annum -------------------------------------------------------------------------------------------------------------- 4 BB by Standard & Poor's and Ba2 by 0.40000.3000% 1.60001.7000% Eurodollar Rate Moody's per annum per annum plus 1.60001.7000% per annum -------------------------------------------------------------------------------------------------------------- 5 (Less than BB by Standard & Poor's 0.50000.3750% 1.75001.8750% Eurodollar Rate or Ba2 by Moody's) or (Unrated by per annum per annum plus 1.75001.8750% Standard & Poor's and Moody's) per annum -------------------------------------------------------------------------------------------------------------- The applicable rates charged for any day shall be determined by the Senior Public Debt Rating in effect as of that day. Prior Loan Agreement. See Preamble.

Appears in 1 contract

Sources: Loan Agreement (Waste Management Holdings Inc)

Pricing Table. APPLICABLE APPLICABLE SENIOR PUBLIC APPLICABLE FACILITY APPLICABLE EURODOLLAR LEVEL DEBT RATING FACILITY RATE L/C RATE RATE -------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 1 (Greater than or equal to BBB At least A- by 0.25000.06000% 1.00000.2400% Eurodollar Rate Standard & Poor's and greater than or per annum per annum plus 1.00000.2400% or equal to Ba2 at least A3 by Moody's) or 's per annum (greater than or equal to BBB- ------------------------------------------------------------------------------- 2 At least BBB+ by 0.08000% 0.2950% Eurodollar Rate Standard & Poor's and greater than or equal to Ba1 by Moody's) -------------------------------------------------------------------------------------------------------------- 2 BBB- by Standard & Poor's and Ba2 by 0.3000% 1.2000% Eurodollar Rate Moody's per annum per annum plus 1.20000.2950% at least Baa1 by per annum -------------------------------------------------------------------------------------------------------------- Moody's ------------------------------------------------------------------------------- 3 (BB+ At least BBB by 0.1000% 0.3500% Eurodollar Rate Standard & Poor's and Ba1 or 0.3750% 1.3750% Eurodollar Rate Ba2 by Moody's) or (BB by Standard & per annum per annum plus 1.37500.3500% Poor's and Ba1 at least Baa2 by Moody's) per annum -------------------------------------------------------------------------------------------------------------- Moody's ------------------------------------------------------------------------------- 4 BB At least BBB- by 0.1250% 0.4000% Eurodollar Rate Standard & Poor's and Ba2 by 0.4000% 1.6000% Eurodollar Rate Moody's or per annum per annum plus 1.60000.4000% at least Baa3 by per annum -------------------------------------------------------------------------------------------------------------- Moody's ------------------------------------------------------------------------------- 5 (Less than BB At least BB+ by 0.2000% 0.5500% Eurodollar Rate Standard & Poor's 0.5000% 1.7500% Eurodollar Rate or Ba2 by Moody's) or (Unrated by per annum per annum plus 1.75000.5500% Standard & Poor's and Moody's) at least Ba1 by per annum -------------------------------------------------------------------------------------------------------------- Moody's ------------------------------------------------------------------------------- 6 If no other level 0.2500% 0.6250% Eurodollar Rate applies per annum per annum plus 0.6250% per annum ------------------------------------------------------------------------------- The applicable rates charged for any day shall be determined by the Senior Public Debt Rating in effect as of that day. The initial pricing for (a) the Applicable Facility Rate shall be 0.1000 % per annum, (b) the Applicable L/C Rate shall be 0.3500% per annum and (c) the Applicable Eurodollar Rate shall be the Eurodollar Rate plus 0.3500% per annum, and shall be effective until the notice of a change in the Senior Public Debt Rating.

Appears in 1 contract

Sources: Loan Agreement (Waste Management Holdings Inc)