Daily SOFR means the rate per annum equal to SOFR determined for any day pursuant to the definition thereof plus the SOFR Adjustment. Any change in Daily SOFR shall be effective from and including the date of such change without further notice. If the rate as so determined would be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.
Daily Amount means, in respect of a DMA and a Daily Calculation Period, the Daily Gain or Daily Loss for such DMA and Daily Calculation Period.
Daily Maximum discharge limitation means the highest allowable “daily discharge” during the calendar month.
Daily VWAP shall be determined without regard to after-hours trading or any other trading outside of the regular trading session trading hours.
Daily shall have the correlative meaning.