Credit Spread Adjustment definition

Credit Spread Adjustment means 0.1500% per annum.

Credit Spread Adjustment means 98.45 basis points.

Credit Spread Adjustment means a rate per annum equal to 0.10%.

Examples of Credit Spread Adjustment in a sentence

• Proposers may also provide Benchmark Rates for alternate forms of financing and must do so in order to be entitled to a Credit Spread Adjustment under the Agreement.

• At the same time, the Company also amended the benchmark rate of the U.S. dollar revolving credit facility and the U.S. dollar Term A Loans from U.S. dollar LIBOR to U.S. dollar SOFR plus a 10 basis point Credit Spread Adjustment.

• The Dividend Rate shall adjust downward by an amount equal to the Credit Spread Adjustment for each amount, if any, equal to the Adjustment Factor that the Measuring Metric rises above the Maximum Triggering Level; provided, however, that in no event shall the Dividend Rate be below the Minimum Rate.

• Notwithstanding any other provision, the Dividend Rate shall adjust upward by an amount equal to the Credit Spread Adjustment for each amount, if any, equal to the Adjustment Factor, or any portion thereof that the Measuring Metric falls below the Minimum Triggering Level; provided, however, that in no event shall the Dividend Rate be above the Maximum Rate.

• With respect to Floating Rate Notes, the greater of (x) zero and (y) Term SOFR plus the Credit Spread Adjustment.

More Definitions of Credit Spread Adjustment

Credit Spread Adjustment means 0.10%.

Credit Spread Adjustment means 0.11448% per annum (11.448 basis points).

Credit Spread Adjustment means 75 basis points.

Credit Spread Adjustment means 150 basis points.

Credit Spread Adjustment means 98.880 basis points.

Credit Spread Adjustment means 98.7350 basis points.

Credit Spread Adjustment means a percentage equal to 0.10%.