Define: Applicable Rate

What does "Applicable Rate" mean? The meaning differs based on the contract. We found 5 definitions across 4 companies in SEC filings.

Definition 1 (DOVER Corp, seen in 1 filing)

Applicable Rate means for any day, with respect to any Term Benchmark Loan, any RFR Loan or any ABR Loan or the facility fees payable hereunder, as the case may be, the applicable rate per annum set forth below under the caption Term Benchmark/RFR Spread , ABR Spread or Facility Fee Rate , as the case may be, based upon the ratings by S&P and Moody s, respectively, applicable on such date to the Index Debt.

Source: DOVER Corp 10-Q

Definition 2 (EXELON CORP, seen in 1 filing)

Applicable Rate means for any day, (i) prior to July 24, 2022, (x) 0.65% with respect to Term Benchmark Loans or RFR Loans and (y) 0.00% with respect to ABR Loans and (ii) on or after July 24, 2022, (x) 0.875% with respect to Term Benchmark Loans or RFR Loans and (y) 0.00% with respect to ABR Loans.

Source: EXELON CORP 10-K

Definition 3 (DoorDash, Inc., seen in 1 filing)

Applicable Rate means for any day, (a) with respect to any Eurodollar Loan, 1.00% per annum, and (b) with respect to any ABR Loan, 0.00% per annum.

Source: DoorDash, Inc. S-1

Definition 4 (APPLIED MATERIALS INC /DE, seen in 1 filing)

Applicable Rate means as of any date, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below.

Source: APPLIED MATERIALS INC /DE 8-K

Definition 5 (APPLIED MATERIALS INC /DE, seen in 1 filing)

Applicable Rate means the rate used to calculate the commitment fee on the unused portion of a Lender's Commitment.

Source: APPLIED MATERIALS INC /DE 8-K

Data extracted from 5 SEC EDGAR filings across 4 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 5
Companies: 4
Keywords:
Applicable Ratedefinitioncontract languagelegal termSEC filing

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