SOFR Index means, with respect to any U.S. Government Securities Business Day:
SOFR Index means, in respect of a U.S. Government Securities Business Day, the SOFR Index value as published on the SOFR Administrator’s Website at the SOFR Index Determination Time on such U.S. Government Securities Business Day, provided that:
SOFR Index means the SOFR Index in relation to any U.S. Government Securities Business Day as published on the New York Federal Reserve’s (or such successor administrator’s) Website.
Examples of SOFR Index in a sentence
For each interest period, the Borrower shall pay an estimated interest amount calculated based on a formula determined by the Bank, which formula, unless otherwise specified by the Bank, will incorporate the published SOFR Index for some portion of the relevant interest period and the last published SOFR rate as a proxy for the remainder of the relevant interest period.
More Definitions of SOFR Index
SOFR Index means, with respect to any United States Government Securities Business Day:
SOFR Index means with respect to any U.S. Government Securities Business Day, (i) the SOFR Index value as published by the NY Federal Reserve as such index appears on the NY Federal Reserve's Website at the SOFR Determination Time; or (ii) if the SOFR Index specified in (i) above does not so appear, unless both a SOFR Transition Event and its related SOFR Replacement Date have occurred, the SOFR Index as published in respect of the first preceding U.S. Government Securities Business Day for which the SOFR Index was published on the NY Federal Reserve’s Website;
SOFR Index means the SOFR Index in relation to any U.S. Government Securities Business Day as published by the NY Federal Reserve on the NY Federal Reserve’s Website at the SOFR Determination Time and appearing on the Page;
SOFR Index means, in respect of any U.S. Government Securities Business Day, the compounded daily SOFR rate for such U.S. Government Securities Business Day as published by the Federal Reserve Bank of New York, as the administrator of such rate (or any successor administrator of such rate) on the SOFR Administrator’s Website;
SOFR Index with respect to any U.S. Government Securities Business Day, means the SOFR index value as published by the SOFR Administrator as such index appears on the SOFR Administrator’s Website at or around 3:00 p.m. (New York time) on such U.S. Government Securities Business Day (the “SOFR Determination Time”);
SOFR Index with respect to any U.S. Government Securities Business Day, means the SOFR index value as published by the SOFR Administrator as such index appears on the SOFR Administrator’s Website at or around 3.00 p.m. (New York time) on such U.S. Government Securities Business Day (the “SOFR Determination Time”);
SOFR Index means, with respect to any U.S. Government Securities Business Day the SOFR Index value as published on the New York Federal Reserve’s Website at the SOFR Determination Time on such U.S. Government Securities Business Day.