SOFR Adjustment definition

SOFR Adjustment means 0.10% (10 basis points) per annum.

SOFR Adjustment means 0.10% (10 basis points).

SOFR Adjustment means ten basis points (0.10%).

Examples of SOFR Adjustment in a sentence

• Borrower shall have the right to select from the following Interest Rate Options applicable to Swing Loans: (i) the Base Rate Option applicable to 5-Year Revolving Credit Loans or (ii) a fluctuating rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal to Daily Simple SOFR plus the SOFR Adjustment, in each case, plus the Applicable Margin.

• If the Term SOFR Successor Rate is Daily Simple SOFR plus the SOFR Adjustment, all interest payments will be payable on a quarterly basis.

• A rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal to the Term SOFR Rate as determined for each applicable Interest Period plus the SOFR Adjustment plus the Applicable Margin applicable to the 5-Year Revolver or the 364-Day Revolver, as the case may be.

More Definitions of SOFR Adjustment

SOFR Adjustment means 0.10%.

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.

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, (a) with respect to Daily Simple SOFR, 0.10% (10.0 basis points) and (b) with respect to Term SOFR, 0.10% (10.0 basis points) for an Interest Period of one-month’s duration or three-month’s duration.

SOFR Adjustment means (x) ten basis points (0.10%) for an interest period of one month’s duration, (y) fifteen basis points (0.15%) for an interest period of three months’ duration and (z) twenty-five basis points (0.25%) for an interest period of six months’ duration.

SOFR Adjustment means a percentage equal to 0.10% per annum.

SOFR Adjustment with respect to Term SOFR means 0.10% (10 basis points).