Term SOFR Advances. If such Advance is a Term SOFR Advance, a rate per annum equal at all times during the Interest Period for such Advance to the sum of Term SOFR for such Interest Period plus the Applicable Term SOFR Margin for such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period.
Appears in 3 contracts
Samples: Credit Agreement (Stanley Black & Decker, Inc.), Credit Agreement (Stanley Black & Decker, Inc.), Credit Agreement (Stanley Black & Decker, Inc.)
Term SOFR Advances. If During such periods as such Advance is a Term SOFR Advance, a rate per annum equal at all times during the each Interest Period for such Advance to the sum of (x) Adjusted Term SOFR for such Interest Period plus the Applicable Term SOFR Margin for such Interest PeriodAdvance plus (y) 0.625%, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which that occurs during such Interest Period every three months from the first day of such Interest PeriodPeriod and on the date such Term SOFR Advance shall be Converted or paid in full.
Appears in 2 contracts
Samples: Assignment and Assumption (Pepsico Inc), Credit Agreement (Pepsico Inc)
Term SOFR Advances. If such Advance is a Term SOFR Advance, a rate per annum equal at all times during the Interest Period for such Advance to the sum of the Term SOFR for such Interest Period plus the Applicable Term SOFR Margin for such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period.
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Samples: Day Credit Agreement (Stanley Black & Decker, Inc.)
Term SOFR Advances. If During such periods as such Advance is a Term SOFR Advance, a rate per annum equal at all times during the each Interest Period for such Advance to the sum of (x) Term SOFR for such Interest Period for such Advance plus (y) the Applicable Term SOFR Margin for such Interest Periodin effect from time to time, payable in arrears on the last day of such Interest Period and, if and on the date such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period.Term SOFR Advance shall be Converted or paid in full. Interpublic Credit Agreement
Appears in 1 contract
Samples: Credit Agreement (Interpublic Group of Companies, Inc.)
Term SOFR Advances. If such Advance is a Term SOFR Advance, a rate per annum equal at all times during the Interest Period for such Advance to the sum of Term SOFR for such Interest Period plus the Applicable Term SOFR Margin for such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period.; and
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Samples: Five Year Credit Agreement (Stanley Black & Decker, Inc.)
Term SOFR Advances. If During such periods as such Advance is a Term SOFR Advance, a rate per annum equal at all times during the each Interest Period for such Advance to the sum of (x) Term SOFR for such Interest Period for such Advance plus (y) the Applicable Term SOFR Margin for such Interest Periodin effect from time to time, payable in arrears on the last day of such Interest Period and, if and on the date such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period.Term SOFR Advance shall be Converted or paid in full. (iii)
Appears in 1 contract
Samples: Credit Agreement (Interpublic Group of Companies, Inc.)
Term SOFR Advances. If During such periods as such Advance is a Term SOFR Advance, a rate per annum equal at all times during the each Interest Period for such Advance to the sum of (x) Term SOFR for such Interest Period for such Advance plus (y) the Applicable Term SOFR Margin for such Interest Periodin effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period.
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Term SOFR Advances. If such Advance is a Term SOFR Advance, a rate per annum equal at all times during the Interest Period for such Advance to the sum of Term SOFR for such Interest Period plus the Applicable Term SOFR Margin for such Interest Period, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period.. 364-DAY CREDIT AGREEMENT
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