Overnight SOFR definition

Overnight SOFR means the secured overnight financing rate (SOFR) administered by the Federal Reserve Bank of New York (or any other person which takes over the administration of that rate) published (before any correction, recalculation or republication by the administrator) by the Federal Reserve Bank of New York (or any other person which takes over the publication of that rate).
Sample 1Sample 2Sample 3
Overnight SOFR means an overnight SOFR published and administered by the Federal Reserve Bank of New York (or a successor governor) as administrator, “Overnight XXXXX” means an overnight XXXXX published and administered by the Bank of England (or a successor governor) as administrator, “Overnight XXXX” means the overnight XXXX published and managed by the Bank of Japan (or successor) as administrator, “Overnight ESTR” means the overnight ESTR published and managed by the European Central Bank (or successor) as administrator, “Overnight SARON” means the overnight SARON published and administered by the Swiss Stock Exchange (or a successor administrator) as the administrator.
Sample 1Sample 2Sample 3
Overnight SOFR means “Overnight XXXXX” means “Overnight XXXXX” means “Bank of England” (or successor administrator) means “EURIBOR” means “Euribor” means “Euribor” means “Termsofr” as administrator and managed by the Federal Reserve Bank of New York (or successor Administrator) as administrator and managed by the Bank of England (or successor administrator) as administrator and “Overnight XXXX” means by the Day “Overnight SOFR” means the overnight XXXX published by the Bank (or successor administrator) as administrator and managed by the Bank of England (or successor administrator) as administrator, “Overnight SOFR” means the overnight ESTR published by the European Central Bank (or successor administrator) as administrator and managed by the Swiss Stock Exchange (or successor administrator) as administrator and managed by the overnight XXXXX.
Sample 1

Examples of Overnight SOFR in a sentence

  • The Sub-Fund cannot replicate the target benchmark index (Overnight SOFR is not investable and therefore cannot be replicated).

  • The Sub-Fund cannot replicate the benchmark index (Overnight SOFR is not investable and therefore cannot be replicated).

  • The Sub-Fund targets a return of Overnight SOFR + 4% gross of fees over a full credit cycle.

  • While the Sub-Fund aims to achieve a positive total return in excess of Overnight SOFR there is no guarantee this will be achieved over rolling 3 year periods, or any time period, and invested capital is at risk.

  • Through a network of operations spanning 27 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources necessary for building the solid foundations on which our communities thrive.

  • As mentioned above, TD is of the view that Overnight SOFR is only appropriate for use on a short-term basis.

  • In relation to the Central Bank Rate prevailing at close of business on any RFR Banking Day, the 20 per cent trimmed arithmetic mean (calculated by the Agent, or by any other Finance Party which agrees to do so in place of the Agent) of the Central Bank Rate Spread (Compounded SOFR) for the five most immediately preceding RFR Banking Days for which Overnight SOFR is available.

  • Investment Policy The Sub-Fund aims to produce a positive total return, consisting of both income and capital gains, in excess of Overnight SOFR, over rolling 3 year periods, regardless of market conditions, by investing primarily in debt securities, money market instruments and related derivatives.

  • Borrowings under the Revised Subordinated Revolver bear interest at Overnight SOFR + 180bps.

  • The line is $150,000,000 and the current rate of borrowing is Overnight SOFR + 120bps.


More Definitions of Overnight SOFR

Overnight SOFR means the secured overnight finance rate (SOFR) administered by the Federal Reserve Bank of New York (or any other person which takes over the administration of that rate) published by the Federal Reserve Bank of New York (or any other person which takes over the publication of that rate). Parent means TTM Technologies, Inc., a company incorporated under the laws of Delaware. Parent Group means the Parent and its Subsidiaries.
Sample 1
Overnight SOFR means the secured overnight financing rate (SOFR) administered by the Federal Reserve Bank of New York (or any other person which takes over the administration of that rate) published by the Federal Reserve Bank of New York (or any other person which takes over the publication of that rate) Party means a party to this Agreement Pool means each of the Hafnia Handy Pool and the Hafnia MR Pxxx (and any other pool of product tanker vessels operated by the Borrower pursuant to a Pool Agreement (and defined as the “Pool” in such Pool Agreement) as agreed from time to time in writing between the Borrower and the Lender)
Sample 1
Overnight SOFR means the Overnight SOFR published and administered by the Federal Reserve Bank of New York (or any successor administrator) as regulator, “Overnight XXXXX” means the Overnight XXXXX published and administered by the Bank of England (or any successor administrator) as regulator, “Overnight XXXX” means the Overnight XXXX published and administered by the Bank of Japan (or any successor administrator) as regulator, “Overnight ESTR” means the Overnight ESTR published and administered by the European Central Bank (or any successor administrator) as regulator, “Overnight SARON” means the Overnight SARON published and administered by Swiss Stock Exchange (or any successor administrator), “Overnight SARON” means the Overnight SARON published and administered by Swiss Stock Exchange (or any successor administrator) as regulator hereunder.
Sample 1
Overnight SOFR refers to an overnight SOFR published and managed by the Federal Reserve Bank of New York (or successor manager) as manager; “Overnight XXXXX” refers to an overnight XXXXX published and managed by the Bank of England (or successor manager) as manager; “Overnight XXXX” refers to an overnight XXXX published and managed by the Bank of Japan (or successor manager) as manager; “Overnight ESTR” refers to an overnight ESTR published and managed by the European Central Bank (or successor manager) as manager, and “Overnight SARON” refers to an overnight XXXXX published and managed by the SIX Swiss Exchange (or successor manager) as manager.
Sample 1
Overnight SOFR means the overnight ESTR published by the European Central Bank (or successor administrator) as administrator and managed by the Swiss Stock Exchange (or successor administrator) as administrator and managed by the overnight XXXXX.
Sample 1

Related to Overnight SOFR

  • Courier means any armed person who transports or offers to transport from one place to another

  • CTU or Central Transmission Utility means the Central Transmission Utility as defined in sub-section (10) of Section 2 of the Electricity Act 2003;

  • Air means open air not enclosed in a building, structure, machine, chimney, stack or flue; (“air”)

  • Intra-State Transmission System means any system for transmission of electricity other than an Inter-State Transmission System;

  • Messenger means the Insured or a partner of the Insured or any Employee who is duly authorized by the Insured to have the care and custody of the insured property outside the Premises.

  • School setting means in the school, on school grounds, in school vehicles, at a designated bus stop or at any activity sponsored, supervised or sanctioned by the school.

  • Dispatch Rate means the control signal, expressed in dollars per megawatt-hour, calculated and transmitted continuously and dynamically to direct the output level of all generation resources dispatched by the Office of the Interconnection in accordance with the Offer Data.

  • Network Transmission Service means transmission service provided pursuant to the rates, terms and conditions set forth in Tariff, Part III, or transmission service comparable to such service that is provided to a Load Serving Entity that is also a Transmission Owner.

  • STU or State Transmission Utility means the State Transmission Utility notified by respective State Government under Sub-section (1) of Section 39 of the Act.

  • Certified scale weigh ticket means a weigh ticket that has been issued by a

  • Sending zone means an area of a municipality that the municipality

  • Dispatch means the act of reducing all or a portion of the electrical consumption of the PDR pursuant to a Dispatch Instruction.

  • Central Transmission Utility means the Government Company notified by the Central Government under Sub-Section (1) of Section 38 of the Electricity Act, 2003.

  • Transmission Reliability Margin or “TRM” shall mean the amount of transmission transfer capability necessary to provide reasonable assurance that the interconnected transmission network will be secure. TRM accounts for the inherent uncertainty in system conditions and the need for operating flexibility to ensure reliable system operation as system conditions change.

  • Mass mailing means over two hundred substantially similar pieces of mail, but does not include a form letter or other mail that is sent in response to an unsolicited request, letter or other inquiry.

  • Transmission Service means Point-To-Point Transmission Service provided under Tariff, Part II on a firm and non-firm basis.

  • State Transmission Utility or “STU” shall mean the Board or the Government company notified by the respective State Government under Sub-section (1) of Section 39 of the Act;

  • Telephone Toll Service is As Defined in the Act.

  • Local Loop Transmission “Unbundled Local Loop”, “Loop” means the transmission path which extends from the Network Interface Device or demarcation point at an End User’s premise to the Main Distribution Frame or other designated frame or panel in the SBC-AMERITECH Serving Wire Center.

  • CSD Business Day means a day on which the Book-Entry Securities System is open in accordance with the regulations of the CSD.

  • Money transmission means any of the following:

  • TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.

  • Addressee means a person who is intended by the originator to receive the electronic record but does not include any intermediary;

  • SOFR Business Day means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

  • Delivery service means the providing of electric transmission or distribution to a retail customer.

  • Capacity Transmission Injection Rights means the rights to schedule energy and capacity deliveries at a Point of Interconnection of a Merchant Transmission Facility with the Transmission System. Capacity Transmission Injection Rights may be awarded only to a Merchant D.C. Transmission Facility and/or Controllable A.C. Merchant Transmission Facilities that connects the Transmission System to another control area. Deliveries scheduled using Capacity Transmission Injection Rights have rights similar to those under Firm Point-to-Point Transmission Service or, if coupled with a generating unit external to the PJM Region that satisfies all applicable criteria specified in the PJM Manuals, similar to Capacity Interconnection Rights.