MoneyGram 2009 Annual Report Download - page 153

"Agreement" means this credit agreement, as it may be amended, restated, amended and restated or otherwise modified and in effect from time to time.
"Alternate Base Rate" means, for any day, a rate of interest per annum equal to the higher of (i) the Prime Rate in effect on such day and (ii) the sum of the
Federal Funds Effective Rate for such day plus 1/2% per annum. Any change in the Alternate Base Rate due to a change in the Prime Rate or the Federal
Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate,
respectively.
"Applicable Margin" means (i) with respect to any Revolving Credit Advance which is a Floating Rate Advance and any portion of the Term A Loan
which bears interest at the Floating Rate, 2.50% per annum, (ii) with respect to any portion of the Term B Loan which bears interest at the Floating Rate,
4.00% per annum, (iii) with respect to any Revolving Credit Advance which is a Eurodollar Advance and any portion of the Term A Loan which bears
interest at the Eurodollar Rate, 3.50% per annum, (iv) with respect to any portion of the Term B Loan which bears interest at the Eurodollar Rate, 5.00% per
annum and (v) with respect to any Swing Line Loan, 2.50% per annum.
"Approved Fund" is defined in Section 12.1(ii).
"Arranger" means J.P. Morgan Securities Inc. and its successors, in its capacities as Lead Arranger and Sole Book Runner.
"Assignee" is defined in Section 12.1(ii)(A).
"Assignment and Assumption" means an assignment and assumption entered into by a Lender and an Assignee (with the consent of any party whose
consent is required by Section 12.1) and accepted by the Administrative Agent, in the form of Exhibit D or any other form approved by the Administrative
Agent.
"Authorized Officer" means any of the Chairman, Chief Executive Officer, President, Chief Financial Officer, Treasurer, Assistant Treasurer or Controller
of the Borrower, acting singly.
"Basket Amount" means, at any time, the sum of:
(i) 50% of the Consolidated Net Income of the Borrower and the Borrower Subsidiaries for the period (taken as one accounting period) from the first
day of the first fiscal quarter following the Effective Date to the end of the Borrower's most recently ended fiscal quarter for which internal financial
statements are available at such time or, in the case such Consolidated Net Income for such period is a deficit, minus 100% of such deficit (it being
understood that gains from the sale or other disposition of Specified Securities are disregarded in the computation of Consolidated Net Income); plus
(ii) 100% of the aggregate amount of cash contributed to the common equity capital of the Borrower following the Effective Date (other than by a
Borrower Subsidiary); plus 3