Adjusted Daily Simple SOFR. With respect to a Daily Simple SOFR Loan, the greater of (1) the sum of (a) Daily Simple SOFR and (b) the applicable SOFR Index Adjustment and (2) the Floor.
Appears in 4 contracts
Samples: Credit Agreement (Gladstone Commercial Corp), Senior Secured Credit Agreement (Healthcare Trust, Inc.), Credit Agreement (GTJ Reit, Inc.)
Adjusted Daily Simple SOFR. With respect to a Daily Simple SOFR Loan, the greater of (1) the sum of (a) Daily Simple SOFR and (b) the applicable SOFR Index Adjustment and (2) the FloorFloor .
Appears in 1 contract