SOFR Loans. The Loans comprising each SOFR Borrowing shall bear interest at Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 6 contracts
Samples: Senior Secured Revolving Credit Agreement (Viper Energy Partners LP), Credit Agreement (Vitesse Energy, Inc.), Credit Agreement (Vitesse Energy, Inc.)
SOFR Loans. The Loans comprising each SOFR Borrowing shall bear interest at the Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 4 contracts
Samples: Credit Agreement (Prairie Operating Co.), Credit Agreement (BKV Corp), Senior Secured Term Loan Credit Agreement (Eos Energy Enterprises, Inc.)
SOFR Loans. The Loans comprising constituting each SOFR Borrowing shall bear interest at a rate per annum equal to the Adjusted Term SOFR Rate for the related Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.), Senior Secured Revolving Credit Agreement (BlackRock Capital Investment Corp)
SOFR Loans. The Subject to the provisions of Section 2.06(c), the Loans comprising each SOFR Borrowing shall bear interest at Adjusted a rate per annum equal to Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 2 contracts
Samples: Short Term Credit Agreement (Novelis Inc.), Short Term Credit Agreement (Novelis Inc.)
SOFR Loans. The Loans comprising each SOFR Borrowing shall bear interest on the unpaid principal amount of such Loans at the Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 2 contracts
Samples: Fifth Amended and Restated Credit Agreement (Vital Energy, Inc.), Credit Agreement (Comstock Resources Inc)
SOFR Loans. The Loans comprising each SOFR Borrowing shall bear interest at Adjusted a rate per annum equal to Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 2 contracts
Samples: Credit Agreement (Geo Group Inc), Credit Agreement (Geo Group Inc)
SOFR Loans. The Loans comprising each SOFR Borrowing shall bear interest at Adjusted a rate per annum equal to Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 2 contracts
Samples: Credit Agreement (WK Kellogg Co), Credit Agreement (Kellogg Co)
SOFR Loans. (i) The Loans comprising constituting each Adjusted Term SOFR Borrowing shall bear interest at a rate per annum equal to Adjusted Term SOFR for the related Interest Period in effect for such Borrowing plus the Applicable Margin and (ii) if a replacement of the Benchmark has occurred pursuant to Section 2.12(c) with respect to Adjusted Term SOFR, the Loans constituting each Daily Simple SOFR Borrowing shall bear interest at a rate per annum equal to Daily Simple SOFR plus the SOFR Adjustment plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund), Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund)
SOFR Loans. The Loans comprising each Term SOFR Borrowing shall bear interest at the Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate. The Loans comprising each Daily Simple SOFR Borrowing shall bear interest at the Adjusted Daily Simple SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 2 contracts
Samples: Credit Agreement (Chord Energy Corp), Credit Agreement (Chord Energy Corp)
SOFR Loans. The Loans comprising constituting each SOFR Borrowing shall bear interest at a rate per annum equal to the Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 1 contract
Samples: Credit Agreement (Old Dominion Electric Cooperative)
SOFR Loans. The Loans comprising each SOFR Borrowing shall bear interest at Adjusted Term SOFR the Interest Rate for the Interest Period in effect for such Borrowing plus the Applicable MarginBorrowing, but in no event to exceed the Highest Lawful Rate.
Appears in 1 contract
Samples: Senior Secured Term Loan Credit Agreement (Soundhound Ai, Inc.)
SOFR Loans. The Loans comprising each SOFR Borrowing shall bear interest at a rate per annum equal to Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable MarginInterest Rate, but in no event to exceed the Highest Lawful Rate.
Appears in 1 contract
SOFR Loans. The Loans comprising each SOFR Borrowing shall bear interest at the Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable MarginRate, but in no event to exceed the Highest Lawful Rate..
Appears in 1 contract
Samples: Amended and Restated Credit Agreement (Solaris Oilfield Infrastructure, Inc.)
SOFR Loans. The Loans Each SOFR Loan comprising each a SOFR Borrowing shall bear interest at Adjusted the Term SOFR Rate for the Interest Period in effect for such Borrowing SOFR Loan plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 1 contract
Samples: Credit Agreement (Evolve Transition Infrastructure LP)
SOFR Loans. The Loans comprising each SOFR Borrowing shall bear interest at Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 1 contract
Samples: Senior Secured Term Loan Credit Agreement (Berry Corp (Bry))
SOFR Loans. The Loans comprising each which are Term SOFR Borrowing Loans shall bear interest for each Interest Period with respect thereto on the unpaid principal amount thereof at a rate per annum equal to Adjusted Term SOFR determined for the such Interest Period in effect for such Borrowing accordance with the terms hereof plus the Applicable Margin, but in no event . Loans which are Adjusted Daily Simple SOFR Loans shall bear interest on the unpaid principal amount thereof at a rate per annum equal to exceed Adjusted Daily Simple SOFR plus the Highest Lawful RateApplicable Margin.
Appears in 1 contract
Samples: Credit Agreement (Box Inc)
SOFR Loans. The Loans comprising each Term SOFR Borrowing shall bear interest at Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate. The Loans comprising each Daily Simple SOFR Borrowing shall bear interest at Adjusted Daily Simple SOFR plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
Appears in 1 contract
SOFR Loans. The Loans comprising each Term SOFR Borrowing shall bear interest at Adjusted Term SOFR for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate. The Loans comprising each Daily Simple SOFR Borrowing shall bear interest at Adjusted Daily Simple SOFR plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.
2.17 Amendment to Section 3.02(d). Section 3.02(d) is hereby amended and restated in its entirety to read as follows:
Appears in 1 contract
