Schedule IV Pricing Table to Credit Agreement
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Summary
This document is a pricing schedule attached to a Credit Agreement. It outlines the applicable interest rate margins and unused commitment fees for various types of loans, including revolving loans and term loans, based on the borrower's loan-to-value ratio. The schedule specifies different rate levels and fees depending on the ratio, ensuring that the cost of borrowing adjusts according to the borrower's financial position. No parties are named in this schedule, as it is a supplement to the main Credit Agreement.
EX-10.4 2 a104pricingtableschedule.htm SCHEDULE IV TO CREDIT AGREEMENT Document
Exhibit 10.4
SCHEDULE IV
PRICING TABLE
Level | Loan to Value Ratio | Applicable Margin for Base Rate for Revolving Loans | Applicable Margin for LIBOR Rate for Revolving Loans and Letter of Credit Fee | Applicable Margin for Base Rate for Multi-Draw Term Credit Facilities | Applicable Margin for LIBOR Rate for Multi-Draw Term Credit Facility | Unused Commitment Fee |
Level IV | > 45% | 1.20% | 2.20% | 1.20% | 2.20% | 0.35% |
Level III | < 45% >40% | 0.90% | 1.90% | 0.90% | 1.90% | 0.30% |
Level II | <40% >30% | 0.70% | 1.70% | 0.70% | 1.70% | 0.20% |
Level I | < 30% | 0.50% | 1.50% | 0.50% | 1.50% | 0.15% |
Level | Loan to Value Ratio | Applicable Margin for Base Rate for Term A-1 Loan | Applicable Margin for LIBOR Rate for Term A-1 Loan | Applicable Margin for Base Rate for Term A-2 Loan | Applicable Margin for LIBOR Rate for Term A-2 Loan | Applicable Margin for Base Rate for Term A-3 Loan | Applicable Margin for LIBOR Rate for Term A-3 Loan |
Level IV | > 45% | 0.75% | 1.75% | 0.90% | 1.90% | 1.00% | 2.00% |
Level III | < 45% >40% | 0.75% | 1.75% | 0.90% | 1.90% | 1.00% | 2.00% |
Level II | <40% >30% | 0.75% | 1.75% | 0.90% | 1.90% | 1.00% | 2.00% |
Level I | < 30% | 0.75% | 1.75% | 0.90% | 1.90% | 1.00% | 2.00% |
