Term SOFR Rate Option. An option to pay interest at a fluctuating rate per annum equal to the Adjusted Term SOFR Rate with respect to the applicable Interest Period and as in effect as of any date of determination plus the Applicable Margin as of such date.
Appears in 6 contracts
Samples: Credit Agreement (ATN International, Inc.), Credit Agreement (Nuvera Communications, Inc.), Credit Agreement (Shenandoah Telecommunications Co/Va/)
Term SOFR Rate Option. An option to pay interest at a fluctuating rate per annum equal to the Adjusted Term SOFR Rate with respect to the applicable Interest Period and as in effect as of any date of determination plus the Applicable Margin as of such date.;
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Seaboard Corp /De/), Term Loan Credit Agreement (Seaboard Corp /De/)
Term SOFR Rate Option. An option to pay interest at a fluctuating rate per annum equal to the Adjusted Term SOFR Rate with respect to the applicable Interest Period and as in effect as of any date of determination plus the Applicable Margin as of such date., or
Appears in 1 contract
Samples: Credit Agreement (Andersons, Inc.)
Term SOFR Rate Option. An option to pay interest at a fluctuating rate per annum equal to the Adjusted Term SOFR Rate with respect to the applicable Interest Period and as in effect as of any date of determination plus the Applicable Margin as of such date.. β
Appears in 1 contract
