30-Day Average SOFR definition
30-Day Average SOFR means, for any SOFR Determination Date, the average of SOFR for the preceding 30 calendar days, compounded daily on Business Days.
30-Day Average SOFR means, for any SOFR Determination Date, the average of SOFR for the preceding 30 calendar days, compounded daily on business days.
30-Day Average SOFR means the 30‐calendar‐day compounded average of SOFR, as published by the Federal Reserve Bank of New York or any successor administrator. See Section 253.2 of the Regulation.
Examples of 30-Day Average SOFR in a sentence
The Paying Agent will obtain 30-Day Average SOFR for each interest accrual period in accordance with the Indenture.
More Definitions of 30-Day Average SOFR
30-Day Average SOFR means the average daily SOFR rate for the preceding 30 calendar days to the FRBNY’s Website on any U.S. Government Securities Business Day, compounded daily on Business Days in accordance with each previous Business Day’s posting.]
30-Day Average SOFR means the 30-calendar-day compounded average of SOFR, as published by the Federal Reserve Bank of New York or any successor administrator. See Section 253.2 of the Regulation.
30-Day Average SOFR means the compounded average of the Secured Overnight Financing Rate over a rolling 30-calendar day period as such rate is currently identified on the website of the Federal Reserve Bank of New York, currently at apps.newyorkfed.org/markets/autorates/sofr-avg-ind, or at such other page as may replace such page on the website of the Federal Reserve Bank of New York as “30-Day Average SOFR.”
30-Day Average SOFR means, for any SOFR Determination Date, the average of the daily SOFR for the preceding thirty (30) calendar days, compounded daily on business days. The 30-day Average SOFR rate will be determined by the Indenture Trustee for each Interest Period by referring to a published source of the rate. The calculation agent will determine 30-day average SOFR for each interest period on the SOFR Determination Date. If a published 30-day Average SOFR rate is unavailable on a SOFR Determination Date, the rate will be the 30-day Average SOFR for the most recent business day on which such rate was published. All determinations of 30-day Average SOFR by the Indenture Trustee, in absence of manifest error, will be conclusive and binding on the Noteholders.]
30-Day Average SOFR means the “30-Day Average SOFR published by the SOFR Administrator on the SOFR Administrator Website.
30-Day Average SOFR means, for any day, the rate per annum determined by Lender by dividing (the resulting quotient rounded upwards, at L▇▇▇▇▇’s discretion, to the nearest 1/100th of 1%)
30-Day Average SOFR means (1) the 30-Day Average Secured Overnight Financing Rate published on the same date as of which the LIBOR rate that is to be replaced would have been