Applicable Index Margin definition

Applicable Index Margin means a per annum rate of interest payable in addition to the Index Rate on Index Rate Loans, determined by reference to Section 1.6.
Applicable Index Margin means 3.25% per annum.
Applicable Index Margin means 1.25% per annum.

Examples of Applicable Index Margin in a sentence

  • The Applicable Swing Line Margin, Applicable Index Margin, Applicable LIBOR Margin and Applicable L/C Margin will be 2.75%, 1.50%, 2.75% and 2.25%, respectively and shall not be subject to adjustment.

  • The Applicable Index Margin is subtracted from the Index Rate in the case of Floating Rate Loans, and the Applicable LIBOR Margin is added to the LIBOR Rate in the case of LIBOR Loans.

  • The Applicable Index Margin for Floating Rate Loans shall be 50 basis points (.50%) at all times.

  • Section 1.6 of the Credit Agreement is restated to read in its entirety as follows: The Applicable Swing Line Margin, Applicable Index Margin, Applicable LIBOR Margin and Applicable L/C Margin will be 2.75%, 1.50%, 2.75% and 2.25%, respectively, effective as of the date of the First Amendment and Waiver with Respect to Credit Agreement and shall not be subject to adjustment.

  • The Applicable Index Margin, Applicable LIBOR Margin, Applicable L/C Margin and Applicable Unused Line Fee Margin will be 0.75%, 2.25%, 2.25% and 0.50% per annum, respectively, as of the Closing Date.

  • As of the Closing Date, the Applicable LIBOR Margin (such margin will be referred to as the “Base LIBOR Margin”) shall be 8.00% and the Applicable Index Margin (such margin will be referred to as the “Base Index Margin”) shall be 6.00%.

  • The Applicable Swing Line Margin, Applicable Index Margin, Applicable LIBOR Margin and Applicable L/C Margin will be 1.50%, 0.25%, 1.50% and 1.50% per annum, respectively.

  • As of the Closing Date, the Applicable LIBOR Margin (such margin will be referred to as the “Base LIBOR Margin”) shall be 5.50% and the Applicable Index Margin (such margin will be referred to as the “Base Index Margin”) shall be 3.50%.

  • Except as otherwise provided in ss.7.5, each Loan shall bear interest for the period commencing with the Drawdown Date thereof and ending on the date that such Loan has been repaid in full at the rate per annum equal to the Index Rate plus the Applicable Index Margin.

  • The Applicable Index Margin and Applicable LIBOR Margin will be 0.50% and 2.00% per annum, respectively, as of the Closing Date.


More Definitions of Applicable Index Margin

Applicable Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loans, as determined by reference to SECTION 1.4(A) of the Agreement.
Applicable Index Margin means the applicable Index Margin calculated in accordance with the table set forth in Schedule I to this Agreement.
Applicable Index Margin means fifty basis points (.50%).
Applicable Index Margin means a per annum rate of interest ----------------------- payable in addition to the Index Rate on Index Rate Loans, determined by reference to Section 1.6. -----------
Applicable Index Margin means a per annum rate of interest payable in addition to the Index Rate on Index Rate Loans, determined by reference to SECTION 1.
Applicable Index Margin means 1.75% per annum.

Related to Applicable Index Margin

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Applicable Commitment Fee Rate means:

  • Applicable LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.4(a).