Common use of Term SOFR Rate Advances Clause in Contracts

Term SOFR Rate Advances. With respect to Advances denominated in Dollars, during such periods as such Advance is a Term SOFR Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the result of (x) the Adjusted Term SOFR Rate for such Interest Period for such Term SOFR Rate Advance plus (y) the Applicable Margin for Term SOFR Rate Advances in 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 that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Term SOFR Rate Advance shall be Converted or paid in full.

Term SOFR Rate Advances. With respect to Advances denominated in Dollars, during During such periods as such Advance is a Term SOFR Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the result sum of (xA) the Adjusted Term SOFR Rate for such Interest Period for such Term SOFR Rate Advance plus (yB) the SOFR Adjustment in effect on the first day of such Interest Period plus (C) the Applicable Margin for Term SOFR Rate Advances in effect from time to timeon the first day of 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 that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Term SOFR Rate Advance shall be Converted or paid in full.. 52 SDI – Credit Agreement

Term SOFR Rate Advances. With respect to Advances denominated in Dollars, during During such periods as such Revolving Credit Advance is a Term SOFR Rate Advance, a rate per annum equal at all times during each Interest Period for such Revolving Credit Advance to the result sum of (x) the Adjusted Term SOFR Rate for such Interest Period for such Term SOFR Rate Revolving Credit Advance plus (y) the Applicable Margin for Term SOFR Rate Advances in 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 that occurs during such Interest Period every three months from the first day of such Interest Period and on the date such Term SOFR Rate Advance shall be Converted or paid in full.