Common use of Compounded SOFR Clause in Contracts

Compounded SOFR. the sum of: (i) the alternate rate of interest that has been selected or recommended by the Relevant Governmental Body as the replacement for the then-current Benchmark for the applicable Corresponding Tenor and (ii) the Benchmark Replacement Adjustment;

Appears in 23 contracts

Samples: Indenture (Home Bancorp, Inc.), Indenture (Home Bancorp, Inc.), Indenture (Northfield Bancorp, Inc.)

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Compounded SOFR. the sum of: (ia) the alternate rate of interest that has been selected or recommended by the Relevant Governmental Body as the replacement for the then-current Benchmark for the applicable Corresponding Tenor and (iib) the Benchmark Replacement Adjustment;

Appears in 21 contracts

Samples: First Supplemental Indenture (Provident Financial Services Inc), Second Supplemental Indenture (Valley National Bancorp), First Supplemental Indenture (West Bancorporation Inc)

Compounded SOFR. the sum of: of (ia) the alternate rate of interest that has been selected or recommended by the Relevant Governmental Body as the replacement for the then-current Benchmark for the applicable Corresponding Tenor and (iib) the Benchmark Replacement Adjustment;

Appears in 3 contracts

Samples: Second Supplemental Indenture (ConnectOne Bancorp, Inc.), Second Supplemental Indenture (Ameris Bancorp), First Supplemental Indenture (First Interstate Bancsystem Inc)

Compounded SOFR. the sum of: (i) the alternate rate of interest that has been selected or recommended by the Relevant Governmental Body as the replacement for the then-current Benchmark for the applicable Corresponding Tenor and (ii) the Benchmark Replacement AdjustmentTenor;

Appears in 1 contract

Samples: Third Supplemental Indenture (WSFS Financial Corp)

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Compounded SOFR. the sum of: (i) the alternate rate of interest that has been selected or recommended by the Relevant Governmental Body as the replacement for the then-current Benchmark for the applicable Corresponding Tenor and (ii) the Benchmark Replacement Adjustment;

Appears in 1 contract

Samples: Indenture (Equity Bancshares Inc)

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