SOFR Scheduled Unavailability Date has the meaning specified in Section 3.03(b).
SOFR Scheduled Unavailability Date has the meaning specified in Section 2.14(b)(ii).
SOFR Scheduled Unavailability Date has the meaning specified in Section 4.8(b).
Examples of SOFR Scheduled Unavailability Date in a sentence
If no SOFR Successor Rate has been determined and the circumstances under clause (a) above exist or the SOFR Scheduled Unavailability Date has occurred, the Holder will promptly notify the Issuer.
More Definitions of SOFR Scheduled Unavailability Date
SOFR Scheduled Unavailability Date has the meaning specified in Section 2.07(d)(ii). “SOFR Successor Rate” has the meaning specified in Section 2.07(d).
SOFR Scheduled Unavailability Date has the meaning set forth in Section 4.05(b)(ii) of the Receivables Purchase Agreement.
SOFR Scheduled Unavailability Date has the meaning specified in Section 3.03(b)(ii). “SOFR Successor Rate” has the meaning specified in Section 3.03(b). “Solvency Certificate” means a solvency certificate in substantially in the form of Exhibit L. “Solvent” and “Solvency” mean, with respect to any Person on any date of determination, that on such date (a) the fair value of the assets of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair saleable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not reasonably believe that it will, incur debts or liabilities beyond such Person’s ability to pay such debts and liabilities as they mature, (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person’s property would constitute an unreasonably small capital, and (e) such Person is able to pay its debts and liabilities, contingent obligations and other commitments as they mature in the ordinary course of business. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability discounted to present value at rates believed to be reasonable by such Person acting in good faith. “XXXXX” means, with respect to any applicable determination date, the Sterling Overnight Index Average Reference Rate published on the fifth Business Day preceding such date on the applicable Reuters screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time); provided however that if such determination date is not a Business Day, XXXXX means such rate that applied on the first Business Day immediately prior thereto. “XXXXX Xxxxxxxxxx” means, with respect to XXXXX, 0.0326% per annum. “Special Notice Currency” means at any time an Alternative Currency, other than the currency of a country that is a member of the Organization for Economic Cooperation and Development at such time located in North America or Europe. “Specified Loan Party” means any Loan Party that is not then an “eligible contract participant” under the Commodi...
SOFR Scheduled Unavailability Date has the meaning specified in Section 3.03(b)(ii). “XXXXX” means, with respect to any applicable determination date, the Sterling Overnight Index Average Reference Rate published on the fifth Business Day preceding such date on the applicable Reuters screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time); provided however that if such determination date is not a Business Day, XXXXX means such rate that applied on the first Business Day immediately prior thereto. “XXXXX Xxxxxxxxxx” means, with respect to XXXXX, 0.0326% per annum. “SPC” has the meaning specified in Section 11.06(g). “Special Notice Currency” means at any time an Alternative Currency, other than the currency of a country that is a member of the Organization for Economic Cooperation and Development at such time located in North America or Europe. “Specified Acquisition” means the Acquisition set forth in, and provided for by, the Specified Purchase Agreement. “Specified Purchase Agreement” means the Sale and Purchase Agreement dated as of October 18, 2022 among IDEX International B.V., as purchaser, the Company, as purchaser’s parent, CMP Investment Group B.V., Velvet Manco B.V., and Stichting Bewaarder Gilde Buy-Out Fund V acting as title holder of (a) Gilde Buy-Out Fund V C.V. and (b) Gilde Buy-Out Fund V 2 C.V., as sellers. “Sterling” and “£” mean the lawful currency of the UK. “Subsidiary” of a Person means any corporation, association, partnership, limited liability company, joint venture or other business entity of which more than 50% of the securities, membership interests or other equity interests having ordinary voting power for the election of directors or other governing body are at the time beneficially owned or controlled directly or indirectly by the Person, or one or more of the Subsidiaries of the Person, or a combination thereof. Unless the context otherwise clearly requires, references herein to a “Subsidiary” refer to a Subsidiary of the Company and shall include each Borrower other than the Company. “Successor Borrower” has the meaning specified in Section 7.03(a).
SOFR Scheduled Unavailability Date has the meaning specified in Section 3.03(b). “SOFR Successor Rate” has the meaning specified in Section 3.03(b). “SXXXX” means, with respect to any applicable determination date, the Sterling Overnight Index Average Reference Rate published on the fifth Business Day preceding such date on the applicable Reuters screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time); provided, however, that, if such determination date is not a Business Day, SXXXX means such rate that applied on the first Business Day immediately prior thereto.