Contractual Yield definition
Contractual Yield means, with respect to the Called Principal of this Note, 100 basis points over the Term SOFR Reference Rate for an interest period of three months at approximately 5:00 a.m., New York time, two U.S. Government Securities Business Days prior to the Settlement Date, as such rate is published by the Term SOFR Administrator.
Contractual Yield means, with respect to the Called Principal of this Note, 100 basis points over the Term SOFR Reference Rate for an interest period of three months at approximately 5:00 a.m., New York time, two U.S. Government Securities Business Days prior to the Settlement Date, as such rate is published by the Term SOFR Administrator.
Examples of Contractual Yield in a sentence
MBF will deliver to ▇▇▇▇ the Feedstock that MBF wishes for ▇▇▇▇ to process into Biodiesel, and ▇▇▇▇ will produce from such Feedstock, an amount of Biodiesel at least equal to the Contractual Yield, but shall not be obligated to exceed the Biodiesel Volume listed on Schedule 1.