SOFR Adjustment means 0.10% (10 basis points).
SOFR Adjustment means: (a) with respect to Daily Simple SOFR, 0.10% (10 basis points); and (b) with respect to Term SOFR, (i) 0.10% (10 basis points) for an Interest Period of one month’s duration, (ii) 0.10% (10 basis points) for an Interest Period of three months’ duration, and (iii) 0.10% (10 basis points) for an Interest Period of six months’ duration.
SOFR Adjustment with respect to Daily Simple SOFR means 0.11448% (11.448 basis points); and with respect to Term SOFR means 0.11448% (11.448 basis points) for an interest period of one-month’s duration, 0.26161% (26.161 basis points;) for an interest period of three-month’s duration, 0.42826% (42.826 basis points) for an interest period of six-months’ duration, and 0.71513% (71.513 basis points) for an interest period of twelve–months’ duration.
Examples of SOFR Adjustment in a sentence
If the Successor Rate is Daily Simple SOFR plus the SOFR Adjustment, all interest payments will be payable on a quarterly basis.
More Definitions of SOFR Adjustment
SOFR Adjustment means 0.10% per annum.
SOFR Adjustment with respect to Daily Simple SOFR means 0.10% (10 basis points); and with respect to Term SOFR means 0.10% (10 basis points).
SOFR Adjustment with respect to Daily Simple SOFR means 0.10% (10.0 basis points); and with respect to Term SOFR means 0.10% (10.0 basis points) for an Interest Period of one-month’s duration, three-month’s duration and six-month’s duration.
SOFR Adjustment means 10 basis points (0.10%) per annum.
SOFR Adjustment. 0.11448% per annum.
SOFR Adjustment means the following: 7 basis points (0.07%) For a one (1) month Interest Period 12 basis points (0.12%) For a three (3) month Interest Period 17 basis points (0.17%) For a six (6) month Interest Period
SOFR Adjustment means 0.10% (10.0 basis points).