SOFR Rate Option. In the case of SOFR Rate Loans, a rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal to the SOFR Rate as determined for each applicable Tranche Period.
Appears in 3 contracts
Samples: Receivables Financing Agreement (BrightView Holdings, Inc.), Receivables Financing Agreement (BrightView Holdings, Inc.), Receivables Financing Agreement (BrightView Holdings, Inc.)
SOFR Rate Option. In the case of Term SOFR Rate LoansLoans denominated in Dollars, a rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal to the Term SOFR Rate as determined for each applicable Tranche Period.Interest Period plus the SOFR Adjustment plus the Applicable Margin; or
Appears in 2 contracts
Samples: Credit Agreement (Steel Partners Holdings L.P.), Credit Agreement (Steel Partners Holdings L.P.)
SOFR Rate Option. In the case of SOFR Rate Loans, a rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal to the sum of (x) the SOFR Credit Spread Adjustment and (y) the SOFR Rate as determined for each applicable Tranche Interest Period.
Appears in 1 contract
Samples: Receivables Financing Agreement (NuStar Energy L.P.)
