Common use of Daily BSBY Floating Rate Option Clause in Contracts

Daily BSBY Floating Rate Option. A fluctuating rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal the Daily BSBY Floating Rate, such rate to change automatically from day to day and time to time in accordance with the definition thereof.

Appears in 5 contracts

Samples: Receivables Financing Agreement (Alliance Resource Partners Lp), Receivables Financing Agreement (Aveanna Healthcare Holdings, Inc.), Receivables Purchase Agreement (Peabody Energy Corp)

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Daily BSBY Floating Rate Option. A fluctuating rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal to the Daily BSBY Floating Rate, such rate to change automatically from day to day and time to time in accordance with the definition thereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Harsco Corp)

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