Applicable Alternate Base Rate Margin definition

Applicable Alternate Base Rate Margin means, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period:
Applicable Alternate Base Rate Margin means, with respect to any Alternate Base Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period:
Applicable Alternate Base Rate Margin means, for each Pricing Period, the interest rate margin set forth below (expressed in basis points) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin ------------- ------ I 100.00 II 50.00 III 25.00 IV 00.00

Examples of Applicable Alternate Base Rate Margin in a sentence

  • Except as otherwise provided in Section 3.7, the unpaid principal amount of any Alternate Base Rate Advance shall bear interest at a fluctuating rate per annum equal to the Alternate Base Rate plus the Applicable Alternate Base Rate Margin.

  • Except as otherwise provided in Sections 3.1(d) and 3.8, the unpaid principal amount of any Alternate Base Rate Loan shall bear interest at a fluctuating rate per annum equal to the Alternate Base Rate plus the Applicable Alternate Base Rate Margin.

  • If any installment of principal or interest or any fee or cost or other amount payable under any Loan Document to the Administrative Agent or any Lender is not paid when due, it shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the sum of the Alternate Base Rate plus the Applicable Alternate Base Rate Margin plus 2%, to the fullest extent permitted by applicable Laws.

  • All amounts due under this Guaranty (including under Section 2.01) and not paid when due shall bear interest until paid at a per annum rate equal to the Alternate Base Rate plus the Applicable Alternate Base Rate Margin for Alternate Base Rate Advances plus two percent (2.00%).

  • Except as otherwise provided in Section 3.7, the unpaid principal amount of any Alternate Base Rate Advance (including any Swing Line Loan) shall bear interest at a fluctuating rate per annum equal to the Alternate Base Rate plus the Applicable Alternate Base Rate Margin.


More Definitions of Applicable Alternate Base Rate Margin

Applicable Alternate Base Rate Margin shall read in full as follows:
Applicable Alternate Base Rate Margin means, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that pricing Period:
Applicable Alternate Base Rate Margin means, effective as of May 1, 2000, 1.25% (125 basis points)."
Applicable Alternate Base Rate Margin means (i) with respect to Term Loan A, 1/4 of 1% (25 basis points), and (ii) with respect to Term Loan B, 1/2 of 1% (50 basis points) .
Applicable Alternate Base Rate Margin means, for each Pricing ------------------------------------- Period,the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin ------------- ------ I 0 II 0 III 0 IV 50 V 100 "Applicable Commitment Fee Rate" means, for each Pricing Period, the ------------------------------ rate set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Commitment Fee ------------- -------------- I 20 II 20 III 30 IV 40 V 45
Applicable Alternate Base Rate Margin means, for each Pricing Period, the interest rate margin set forth below (expressed in basis
Applicable Alternate Base Rate Margin means with respect to any ------------------------------------- Base Rate Advance, the applicable per annum percentage set forth below opposite the Total Leverage Ratio, as determined in accordance with the Compliance Certificate most recently delivered pursuant to Section 10.8 hereof. GMAC Commercial Credit LLC Tarrant Apparel Group Tag Mex, Inc. Fashion Resources (TCL), Inc. March , 2002 Page 4 Applicable Alternate Base Rate ------------------------------ Total Leverage Ratio Margin For Base Rate Advances -------------------- ----------------------------- greater than 2.00:1 1.00% greater than 1.5:1 but less 0.50% than 2:1 greater than 1:1 but less 0.25% than 2:1 less than 1:1 0.00% Any reduction or increase in the Applicable Alternate Base Rate Margin shall be effective beginning on the date that is three (3) days following the date on which Agent receives Borrower's Compliance Certificate pursuant to section 10.8 hereof. In the event Borrower does not timely deliver a Compliance Certificate pursuant to Section 10.8 below, in addition to any rights and remedies Lenders may have against Borrower as a result of its failure to provide such Compliance Certificate the Applicable Alternate Base Rate Margin shall be deemed to be 1% from the date such Compliance Certificate was due until the third day following the receipt thereof by the Agent, at which date the Applicable Alternate Base Rate Margin shall be established pursuant to the grid set forth above."