SOFR Rate Loans definition

SOFR Rate Loans means each portion of a Revolving Loan that bears interest at a rate determined by reference to Daily Simple SOFR.
SOFR Rate Loans means First Lien Loans bearing interest based upon the SOFR Rate.

Examples of SOFR Rate Loans in a sentence

  • The Term SOFR Rate shall be adjusted with respect to Term SOFR Rate Loans without notice or demand of any kind on the effective date of any change in the SOFR Reserve Percentage as of such effective date.

  • Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Term SOFR Rate Loans.

  • Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid and, if Term SOFR Rate Loans are to be prepaid, the Interest Period(s) of such Loans.

  • Any such automatic conversion to Daily SOFR Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Loans.

  • Signature of Notary Print Name Date Notary Public: NOTARY PUBLIC STAMP BELOW My Commission Expires EMPLOYMENT AFFIDAVITRev.

  • Any prepayment of a Loan shall be accompanied by all accrued interest on the amount prepaid, together with, in the case of any Term SOFR Rate Loans, any additional amounts required pursuant to Section 3.05.

  • In connection with any prepayment, if any SOFR Rate Loans are prepaid prior to the expiration date of the Interest Period applicable thereto, the Borrower shall comply with Section 5.4.

  • Unless otherwise specified herein, no conversion from Term SOFR Rate Loans may be made other than at the end of the corresponding Interest Period.

  • The liability of the Class A-1 Note Trustee under this Agreement is limited in the manner and to the same extent as under the Class A-1 Note Trust Deed.

  • A number of strategies have been proposed and studied for offering efficient and reliable replica manage- ment in the DSS.Resource Discovery and Selection: The heterogeneous nature of most DSS results in a need of a mechanism that gives information about the avail- ability of data and its replicas in the system.

Related to SOFR Rate Loans

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.