Daily Simple SOFR Adjustment means 0.10000%.
Daily Simple SOFR Adjustment means 0.10%.
More Definitions of Daily Simple SOFR Adjustment
Daily Simple SOFR Adjustment means, with respect to Daily Simple SOFR, [***] ([***] basis points) per annum.
Daily Simple SOFR Adjustment means, with respect to Daily Simple SOFR, 0.11448% (11.448 basis points).
Daily Simple SOFR Adjustment means 0.10% per annum.
Daily Simple SOFR Adjustment means 0.100%.
Daily Simple SOFR Adjustment means, with respect to Daily Simple SOFR, .10% (10 basis points). “Default” means an event with which notice or lapse of time or both will become an Event of Default. “Default Right” has the meaning ascribed to it in Section 16.12(b)(C).
Daily Simple SOFR Adjustment for any calculation with respect to a SOFR Loan, a percentage per annum equal to 0.10%. “Daily Simple SOFR Borrowing”: a Loan that bears interest at a rate based on Adjusted Daily Simple SOFR. “Debtor Relief Laws”: the Bankruptcy Code, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws of the United States, the United Kingdom or other applicable jurisdictions from time to time in effect. “Declined Amount”: as defined in Section 2.12(e). “Default”: any of the events specified in Section 8.1, whether or not any requirement for the giving of notice, the lapse of time, or both, has been satisfied. “Default Rate”: as defined in Section 2.15(c). “Defaulting Lender”: subject to Section 2.24(b), any Lender that (a) has failed to (i) fund all or any portion of its Loans within two (2) Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Administrative Agent and the Borrower in writing that such failure is the result of such Lender’s reasonable determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing) has not been satisfied, or (ii) pay to the Administrative Agent, the Issuing Lender, the Swingline Lender or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit or Swingline Loans) within two (2) Business Days of the date when due, (b) has notified the Borrower, the Administrative Agent, the Issuing Lender or the Swingline Lender in writing that it does not intend to comply with its funding obligations hereunder, or has made a public statement to that effect (unless such writing or public statement relates to such Xxxxxx’s obligation to fund a Loan hereunder and states that such position is based on such Xxxxxx’s reasonable determination that a condition precedent to funding (which condition precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied), (c) has failed, within three (3) Business Days after written request by the Administrative Agent or the Borrower, to confirm in writing to the Administrative Agent and the Borrower that it will comply with its prospective funding obligations...
Daily Simple SOFR Adjustment means 0.00% per annum.