Example ContractsClausesapplicable marginVariants
Applicable Margin
Applicable Margin contract clause examples

Applicable Margin. The Applicable Margin for LIBOR Rate Loans shall be two percent (2%) per annum and for Base Rate Loans shall be one percent (1%) per annum.

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Applicable Margin. The Applicable Margin for LIBOR Rate Loans and Base Rate Loans shall be as set forth below based on the Total Leverage as set forth in the most recent Compliance Certificate pursuant to §7.4(c):

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“Applicable Margin” means (a) in the case of a Base Rate Loan, 1.50 percentage points (the “Base Rate Margin”), and (b) in the case of a LIBOR Rate Loan, 2.50 percentage points (the “LIBOR Rate Margin”).

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