Index Floor definition

Index Floor has the meaning given to such term in the definition of “Tranche Rate”.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Index Floor means 0%.

Index Floor means the rate set forth on the Addendum for such term.

Examples of Index Floor in a sentence

Subject to any Conforming Changes, if at any time the Benchmark Replacement is less than the Index Floor, then at such times, such Benchmark Replacement shall be deemed to be the Index Floor for purposes of this Agreement and any other Loan Documents.

Index Floor means 0.0%.

Index Floor means a rate of interest equal to 0.00% per annum.

Index Floor means one quarter of one percent (0.25%).

Index Floor means a rate of interest equal to [***]%.

Index Floor means that in no event shall the Index or the Then Current Index be less than one quarter of one percent (0.25%).

Index Floor has the meaning set forth in Exhibit A.

Index Floor means one and a half percent (1.50%).