2 unchanged sentences
We are exposed to interest rate risks related to the Company’s Revolving Credit Facility.
−Removed: As of September 30, 2020, there were no amounts outstanding under the Revolving Credit Facility.
+Added: As of March 31, 2021, there were no amounts outstanding under the Revolving Credit Facility.
Borrowings under the Credit Facility bear interest, at the Company’s option, at either the Base Rate (as defined in the Credit Agreement), plus an applicable margin, or LIBOR plus an applicable margin.
The applicable margin for Base Rate loans is a range of 0.125% to 1.00% and the applicable margin for LIBOR loans is a range of 1.125% to 2.00%, both based on the leverage ratio of the Company at the end of each fiscal quarter.
−Removed: The rates at September 30, 2020 and December 31, 2019 were 1.44% and 3.02%, respectively.
+Added: The rates at March 31, 2021 and December 31, 2020 were 1.86% and 1.87%, respectively.
Foreign Currency Exchange Risk
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.