Eligible marina means a privately owned, commercial facility in this state that meets all of the following requirements:
Eligible marina means any marina that meets the criteria set forth in Rule 391-2-3-.05(4) .
Term SOFR Reference Rate means the forward-looking term rate based on SOFR.
Term SOFR Rate means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.