Benchmark Adjustment definition

Benchmark Adjustment means, with respect to any Benchmark:
Benchmark Adjustment means, for any day, the spread adjustment for such Price Differential Period that has been selected or recommended by the Relevant Governmental Body for the tenor of 1 month. For the avoidance of doubt, the “Benchmark Adjustment” means, for any day, the value as reported on the display designated as “YUS0001M” on Bloomberg, or such other display as may replace “YUS0001M.”
Benchmark Adjustment means, for any day, the spread adjustment for such Interest Accrual Period that has been selected or recommended by the Relevant Governmental Body for the tenor of 1 month. For the avoidance of doubt, the “Benchmark Adjustment” means, for any day, the value as reported on the display designated as “YUS0001M” on Bloomberg, or such other display as may replace “YUS0001M.”

Examples of Benchmark Adjustment in a sentence

  • These funds will be placed in Functional Area 5652650380000000 in the lead school’s budget after Benchmark Adjustment.

  • On date t, for any “unforeseeable cases” not described under the present Benchmark rule, an extraordinary Benchmark Adjustment is triggered.

  • Some Model policies will require minor revisions to reporting templates, for example the inclusion of the Health Equity Benchmark Adjustment in the Quarterly Benchmark Reports.

  • These funds will be allocated after Benchmark Adjustment and placed in Functional Area ****650460000000.

  • Financial Statements The Commonwealth’s policy on Enrolment Benchmark Adjustment (EBA) continues to affect the NSW Government schools sector.


More Definitions of Benchmark Adjustment

Benchmark Adjustment means (i) in the case of Term SOFR, a spread adjustment in the amount of [***]% ([***] basis points); (ii) in the case of Daily Simple SOFR, a spread adjustment in the amount of [***]% ([***] basis points); and (iii) in all other cases, a spread adjustment (which may be a positive or negative value or zero), in each case, that has been selected by Administrative Agent as the replacement for such Available Tenor of such Benchmark giving due consideration to any evolving or then-prevailing market convention, including any applicable recommendations made by the Relevant Governmental Body for U.S. dollar-denominated syndicated or bilateral credit facilities at such time.
Benchmark Adjustment means (i) in the case of Term SOFR based on a one month tenor, 11.448 basis points and (ii) in the case of Term SOFR based on any other tenor, the prevailing spread adjustment for credit facilities comparable to the facility hereunder applicable to such tenor of Term SOFR as determined by the Agent in consultation with Xxxxxxxx.
Benchmark Adjustment means (i) in the case of Term SOFR, a spread adjustment in the amount
Benchmark Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement, for any Interest Accrual Period, the spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero) that has been selected by the Administrative Agent such Interest Accrual Period giving due consideration to (i) any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body on the applicable Benchmark Replacement Date or (ii) any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for Dollar-denominated syndicated credit facilities at such time.
Benchmark Adjustment means 0.11448%, subject to adjustment in connection with the implementation of a Successor Rate.
Benchmark Adjustment means, for any day, the value as reported on the display designated as “YUS0001M” on Bloomberg, or such other display as may replace “YUS0001M”.
Benchmark Adjustment means, with respect to any Benchmark, (1) for purposes of clauses (1) and (2) of the definition ofBenchmark Replacement,” the first alternative set forth in the order below that can be determined by the Administrative Agent: