Common use of Term Loan Term Rate Loan Option Clause in Contracts

Term Loan Term Rate Loan Option. In the case of Term SOFR Rate Loans 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 Interest Period plus the SOFR Adjustment plus the Applicable Rate.

Appears in 4 contracts

Samples: Credit Agreement (Koppers Holdings Inc.), Credit Agreement (Koppers Holdings Inc.), Credit Agreement (Koppers Holdings Inc.)

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Term Loan Term Rate Loan Option. In the case of Term SOFR Rate Loans denominated in Dollars, a 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 Interest Period plus the SOFR Adjustment plus the Applicable RateMargin.

Appears in 1 contract

Samples: Credit Agreement (Helios Technologies, Inc.)

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