SOFR Adjustment Date definition
SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest Period.
SOFR Adjustment Date means, for any Interest Period, the fifth U.S. Government Securities Business Day before the related Payment Date.
SOFR Adjustment Date means, with respect to the Notes and any Accrual Period (other than the first Accrual Period), the second U.S. Government Securities Business Day before such Accrual Period begins.
Examples of SOFR Adjustment Date in a sentence
The Administrator shall deliver written notice to each Rating Agency and the Calculation Agent on any SOFR Adjustment Date if, as of the applicable Reference Time, the Administrator has determined with respect to the related Interest Period that there will be a change in the SOFR Rate or the terms related thereto since the immediately preceding SOFR Adjustment Date due to a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred.
More Definitions of SOFR Adjustment Date
SOFR Adjustment Date means the second SOFR Business Day before each Accrual Period begins.
SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest
SOFR Adjustment Date. For each Monthly Period, the second U.S. Government Securities Business Day before the first day of such Monthly Period.] [SOFR Determination Time: 3:00 p.m. (New York time) on such U.S. Government Securities Business Day, at which time [Compounded SOFR][Term SOFR][30-Day Average SOFR] is published [on the FRBNY’s Website][by the Term SOFR Administrator].]
SOFR Adjustment Date means the first day of each calendar month.