SOFR Spread definition

SOFR Spread means 0.10% per annum.
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SOFR Spread means 0.11448% per annum.
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SOFR Spread means 0.10% per annum. “Solvent” means, with respect to any Person and as of any particular date, (i) the fair value of the assets of such Person, at a fair valuation, will exceed the debts and liabilities, direct, subordinated, contingent or otherwise, of such Person; (ii) the present fair saleable value of the property of such Person will be greater than the amount that will be required to pay the probable liabilities of such Person on its debts and other liabilities, direct, subordinated, contingent or
Sample 1

Examples of SOFR Spread in a sentence

  • It is further understood and agreed that the Term SOFR Spread and Daily SOFR Spread and the Base Rate Spread will never be reduced by more than 0.02% in the aggregate pursuant to the Sustainability Margin Adjustment during any calendar year.

  • As used in this Agreement, the following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined): “Adjusted Term SOFR” means at any time of determination and for any applicable Interest Period, Term SOFR plus the applicable SOFR Spread Adjustment.

  • Exhibit 3: Summary Statistics for First Planned Econometric Test on SOFR Spread In Exhibit 3, we notice that there are 102 days of trading in the observation set for days of illiquidity.

  • Given each of the Authority’s counterparties has also adhered to the Fallback Protocol, the Authority’s adherence effectively replaces the fallback language in each of the amended trade confirmation with the Fallback Protocol language, thus replacing LIBOR with SOFR plus the SOFR Spread from mid-2024 through maturity, unless and until such rate is further amended.

  • Like before with the SOFR Spread, all variables have lost a decent amount of significance with the inclusion of the volatility-interacted terms.

  • Furthermore, both the USDJBK Index and the OIS market volumes are not significant in both times of normality and illiquidity.Furthermore, like the change in the SOFR Spread tests above, the daily change in total treasury debt is neither explanatory during normality nor illiquidity in the repo markets, although it is slightly significant during normality.

  • Adjustments in the Base Rate Spread (bps) for Base Rate Loans and Term SOFR Spread (bps) for Term SOFR Loans based upon a change in a Debt Rating level shall be effective on the first day following the change in such Debt Rating.

  • However, promising as these results may be, the R2 on this initial Econometric test is a lowly R2 of 8.78%, indicating that more variation could be explained by these variables.Even with good preliminary results to show that there is a marked difference in the relationship between the SOFR Spread and the change in overnight repo volume in times of illiquidity, the F-test to determine difference between the two coefficients is shown in the appendix as Exhibit191.

  • Given those data definitions, a $100 Billion dollar decrease in overnight repo market activity will move the SOFR Spread to the EFFR by about 4.75 basis points, controlling for other market variables.

  • All three date indicator variables were proven to be statistically significant and positive in the SOFR Spread studies.

Related to SOFR Spread

  • Adjustment Spread means either a spread (which may be positive or negative), or the formula or methodology for calculating a spread, in either case, which the Independent Adviser determines and which is required to be applied to the Successor Rate or the Alternative Rate (as the case may be) to reduce or eliminate, to the fullest extent reasonably practicable in the circumstances, any economic prejudice or benefit (as the case may be) to Noteholders as a result of the replacement of the Original Reference Rate with the Successor Rate or the Alternative Rate (as the case may be) and is the spread, formula or methodology which:

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.