Common use of Historic Term SOFR Clause in Contracts

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the Loan and it is not possible to calculate the Interpolated Term SOFR, the applicable Reference Rate shall be the Historic Term SOFR for the Loan or that part of the Loan.

Appears in 17 contracts

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

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Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the a Loan and it is not possible to calculate the Interpolated Term SOFR, the applicable Reference Rate shall be the Historic Term SOFR for the Loan or that part of the Loan.

Appears in 4 contracts

Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the a Term SOFR Loan and it is not possible to calculate the Interpolated Term SOFR, the applicable Term SOFR Reference Rate shall be the Historic Term SOFR for the Loan or that part of the Term SOFR Loan.

Appears in 3 contracts

Samples: Term and Accordion Facilities Agreement (Ardmore Shipping Corp), Loan Agreement (Ardmore Shipping Corp), Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the Loan and it is not possible to calculate the Interpolated Term SOFRSOFR by 17:00 New York time on the relevant Quotation Day, the applicable Reference Rate shall be the Historic Term SOFR for the Loan or that part of the Loan.

Appears in 3 contracts

Samples: Facility Agreement (Euroseas Ltd.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Globus Maritime LTD)

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the Loan and it is not possible to calculate the Interpolated Term SOFR, the applicable Term Reference Rate shall be the Historic Term SOFR for the Loan or that part of the Loan.

Appears in 2 contracts

Samples: Term Loan Facility (Navios Maritime Partners L.P.), Term Loan Facility (Okeanis Eco Tankers Corp.)

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the a Loan or any part of the a Loan and it is not possible to calculate the Interpolated Term SOFR, the applicable Reference Rate shall be the Historic Term SOFR for the Loan or that part of the that Loan.

Appears in 2 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Loan Agreement (Navigator Holdings Ltd.)

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the Loan and it is not possible to calculate the Interpolated Term SOFR, the applicable Term SOFR Reference Rate shall be the Historic Term SOFR for the Loan or that any part of the Loan.

Appears in 2 contracts

Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the a Term SOFR Loan and it is not possible to calculate the Interpolated Term SOFR, the applicable Reference Rate shall be the Historic Term SOFR for the Loan or that part of the Term SOFR Loan.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the Loan an Advance and it is not possible to calculate the Interpolated Term SOFR, the applicable Reference Rate shall be the Historic Term SOFR for the Loan or that part of the LoanAdvance.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

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Historic Term SOFR. If paragraph (a) above applies and no Reference Rate is available for Term SOFR is available for the Interest Period of the Loan or any part of the a Term Rate Loan and it is not possible to calculate the Interpolated Term SOFR, the applicable Reference Rate shall be the Historic Term SOFR for the Loan or that part of the Term Rate Loan.

Appears in 1 contract

Samples: Interim Facilities Agreement

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the a Term SOFR Loan and it is not possible to calculate the Interpolated Term SOFR, the applicable Term Reference Rate shall be the Historic Term SOFR for the Loan or that part of the Term SOFR Loan.

Appears in 1 contract

Samples: Loan Facility Agreement (EuroDry Ltd.)

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the Loan and it is not possible to calculate the Interpolated Term SOFRLoan, the applicable Reference Rate shall be the Historic Term SOFR for the Loan or that part of the Loan.

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the a Term Rate Loan or any part of the Loan a Term Rate Loan, and it is not possible to calculate the Interpolated Term SOFR, the applicable Reference Rate shall be the Historic Term SOFR for the Term Rate Loan or that part of the Term Rate Loan.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Historic Term SOFR. If no Term SOFR is available for the Interest Period of the Loan or any part of the Loan and it is not possible to calculate the Interpolated Term SOFR, the applicable Term SOFR Reference Rate shall be the Historic Term SOFR for the Loan or that part of the Loan.

Appears in 1 contract

Samples: Term Loan Facility Agreement (Castor Maritime Inc.)

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