Common use of Term Benchmark Loans Clause in Contracts

Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Rate applicable to such Borrowing for the related Interest Period plus the Applicable Margin.

Appears in 30 contracts

Samples: Senior Secured Revolving Credit Agreement (Blue Owl Capital Corp III), Senior Secured Revolving Credit Agreement (Blue Owl Capital Corp), Senior Secured Credit Agreement (Lord Abbett Private Credit Fund)

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Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term Benchmark Rate applicable to such Borrowing for the related Interest Period for such Borrowing plus the Applicable Margin.

Appears in 17 contracts

Samples: Senior Secured Revolving Credit Agreement (Crescent Capital BDC, Inc.), Revolving Credit Agreement (Hercules Capital, Inc.), Senior Secured Credit Agreement (Barings BDC, Inc.)

Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term SOFR Rate applicable to such Borrowing for the related Interest Period plus the Applicable Margin.

Appears in 6 contracts

Samples: Senior Secured Credit Agreement (Blackstone Secured Lending Fund), Senior Secured Credit Agreement (Blackstone Private Credit Fund), Senior Secured Credit Agreement (Blackstone Secured Lending Fund)

Term Benchmark Loans. The Loans constituting comprising each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term SOFR Rate applicable to for the Interest Period in effect for such Borrowing for the related Interest Period plus the Applicable MarginRate.

Appears in 4 contracts

Samples: Credit Agreement (Cars.com Inc.), Credit Agreement (Douglas Dynamics, Inc), Credit Agreement (1 800 Flowers Com Inc)

Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant applicable Adjusted Term Benchmark Rate applicable to such Borrowing for the related Interest Period for such Borrowing plus the Applicable Margin.

Appears in 4 contracts

Samples: Senior Secured Revolving Credit Agreement (Pennantpark Investment Corp), Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)

Term Benchmark Loans. The Loans constituting comprising each Term Benchmark Borrowing shall bear interest in the case of a Term Benchmark Loan, at a rate per annum equal to the Relevant Adjusted Term SOFR Rate applicable to for the Interest Period in effect for such Borrowing for the related Interest Period plus the Applicable MarginRate.

Appears in 3 contracts

Samples: Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De)

Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Rate applicable to Benchmark for the Interest Period in effect for such Borrowing for the related Interest Period plus the Applicable Margin.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Franklin BSP Capital Corp), Senior Secured Credit Agreement (Franklin BSP Lending Corp)

Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Term Benchmark Rate applicable to such Borrowing for the related Interest Period for such Borrowing plus the Applicable Margin.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (AG Twin Brook Capital Income Fund), Senior Secured Revolving Credit Agreement (AG Twin Brook Capital Income Fund)

Term Benchmark Loans. The Loans constituting comprising each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term SOFR Rate applicable to for the Interest Period in effect for such Borrowing for the related Interest Period plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

Appears in 2 contracts

Samples: Credit Agreement (Gulfport Energy Corp), Credit Agreement (PDC Energy, Inc.)

Term Benchmark Loans. The Loans constituting comprising each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term SOFR Rate applicable to for the Interest Period in effect for such Borrowing for the related Interest Period plus the Applicable Margin.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Coterra Energy Inc.), Credit Agreement (Coterra Energy Inc.)

Term Benchmark Loans. The Loans constituting comprising each Term Benchmark Borrowing shall bear interest at a rate per annum equal to Adjusted Term SOFR Rate for the Relevant Rate applicable to Interest Period in effect for such Borrowing for the related Interest Period plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

Appears in 1 contract

Samples: Credit Agreement (Sitio Royalties Corp.)

Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term SOFR Rate applicable to such Borrowing for the related Interest Period plus the Applicable Margin.. [[60731336359722]]

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Blackstone Private Credit Fund)

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Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term Benchmark Rate applicable to such Borrowing for the related Interest Period for such Borrowing plus the Applicable Margin.. 767537780768227557

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (North Haven Private Income Fund a LLC)

Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term Benchmark Rate applicable to such Borrowing for the related Interest Period for such Borrowing plus the Applicable Margin.. 767537780 75

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (North Haven Private Income Fund a LLC)

Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term SOFR Rate applicable to for the Interest Period for such Borrowing for the related Interest Period plus the Applicable MarginRate.

Appears in 1 contract

Samples: Term Loan Agreement (International Paper Co /New/)

Term Benchmark Loans. The Revolving Loans and Term Loans (as applicable) constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term Benchmark Rate applicable to such Borrowing for the related Interest Period for such Borrowing plus the Applicable Margin.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)

Term Benchmark Loans. The Loans constituting comprising each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted LIBOTerm SOFR Rate applicable to for the Interest Period in effect for such Borrowing for the related Interest Period plus the Applicable MarginRate.

Appears in 1 contract

Samples: Credit Agreement (Douglas Dynamics, Inc)

Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Adjusted Term SOFR Rate applicable to such Borrowing for the related Interest Period plus the Applicable Margin.. [[6408684]] BUSINESS.31771526.2

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Blackstone Private Credit Fund)

Term Benchmark Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Relevant Rate applicable to such Borrowing for the related Interest Period plus the Applicable Margin.. 747507610 22702620

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Blue Owl Technology Income Corp.)

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