SORA definition

SORA means, in respect of any Singapore Business Day “i”, a reference rate equal to the daily Singapore Overnight Rate Average published by the Monetary Authority of Singapore (or a successor administrator), as the administrator of the benchmark, on the Monetary Authority of Singapore’s website currently at http://www.mas.gov.sg, or any successor website officially designated by the Monetary Authority of Singapore (or as published by its authorised distributors) (the “Relevant Screen Page”) on the Singapore Business Day immediately following such Singapore Business Day “i”;

SORA means the Singapore Overnight Rate Average.

SORA means, in respect of any Singapore Business Day "i", a reference rate equal to the daily Singapore Overnight Rate Average published by the Monetary Authority of Singapore (or a successor administrator), as the administrator of the benchmark, on the Monetary Authority of Singapore’s website currently at http://www.mas.gov.sg,

Examples of SORA in a sentence

• Additional Services for which a one-time fee or recurring fee is charged may be added to the basic SORA System solely through the incorporation of additional exhibits, schedules, appendices or addenda by mutual written agreement of the Parties.

• It enables Premises guests to access SORA System services and information.

• In order to fully and timely configure, set up and deploy the SORA System at the Premises and/or to prepare, configure, program and deliver the Services selected by Company in the Agreement, it is necessary for SONIFI to receive the assets specified in the “Required Assets Form” attached to and incorporated in the Agreement within ninety (90) days of the Effective Date.

• The Purchase Price for purposes of the Agreement includes the initial installation, configuration, set-up and activation of the standard SORA System, as described in the SOW and in these Service Terms.

• Company is solely responsible for any delay it, its employees or its contractors cause to the installation, configuration, customization and set-up of the SORA System at the Premises, and Company shall pay all reasonable costs and fees incurred or charged by SONIFI as a result of any such delay, including without limitation all applicable fees and charges set forth on SONIFI’s then-current Rate Card, available upon request to SONIFI or as made available at www.sonifi.com.

More Definitions of SORA

SORA means a rate equal to the Singapore Overnight Rate Average as administered by the SORA Administrator.

SORA means, for any Singapore Business Day “i”, a reference rate equal to the rate of return of a daily compound interest investment (with the reference rate for the calculation of interest being the Singapore Overnight Rate Average) published by the Monetary Authority of Singapore (or a successor administrator), as the administrator of the benchmark, on the Monetary Authority of Singapore’s website (currently at http://www.mas.gov.sg) or any successor website officially designated by the Monetary Authority of Singapore (or any successor administrator) (or as published by its authorised distributors) on the Singapore Business Day immediately following such Singapore Business Day “i”, provided that if by 5:00 p.m., Singapore time, on the Singapore business day immediately following such Singapore Business Day “i”, SORA in respect of such Singapore Business Day “i” has not been published and a Benchmark Event has not occurred, then SORA for that Singapore Business Day “i” will be SORA as published in respect of the first preceding Singapore business day for which SORA was published; and

SORA means the Singapore Overnight Rate Average (SORA) as published on the Statistics page of the Monetary Authority of Singapore website, http://www.mas.gov.sg, or any successor website officially designated by the Monetary Authority of Singapore (or as published by its authorised distributors);

SORA means, in respect of any Singapore Banking Day, the daily Singapore Overnight Rate Average rate for such Singapore Banking Day as provided by the MAS (or a successor administrator of SORA) to authorised distributors (the “SORA authorised distributors”) and as then published on the Relevant Screen Page (or, if the Relevant Screen Page is unavailable, as otherwise published by the SORA authorised distributors) on the Singapore Banking Day immediately following such Singapore Banking Day. If, in respect of any Singapore Banking Day, the applicable SORA is not made available on the Relevant Screen Page (or has not been otherwise published by the SORA authorised distributors) by 5.00 p.m. Singapore time, then the SORA in respect of such Singapore Banking Day shall be the SORA published on the Relevant Screen Page (or as otherwise published by the SORA authorised distributors) for the first preceding Singapore Banking Day on which the SORA was published on the Relevant Screen Page (or as otherwise published by the SORA authorised distributors).

SORA means, in relation to any amount in SGD for any day, the Singapore Overnight Rate Average administered by the MAS (or any other person which takes over the administration of that rate) published by the MAS (or any other person which takes over the publication of that rate) and is titled “SORA” at https://eservices.mas.gov.sg/Statistics/dir/DomesticInterestRates.aspx (or any replacement page which displays that rate) or on the appropriate page of such other information service which displays that rate from time to time in place of the MAS, and if such page or service ceases to be available, BNPP may specify another page or service displaying the relevant rate after consultation with the Borrower(s), provided that if any such rate is below zero, SORA will be deemed to be zero.

SORA means in relation to any Loan, the Singapore Overnight Rate Average (SORA) as published on the Statistics page of the website of the MAS, or any successor website officially designated by the MAS (or as published by its authorised distributors) (“MAS SORA Website”), whereby the relevant SORA for an upcoming Term shall be obtained based on the relevant historical 1-month, 3-month and 6-month Compounded SORA each as published on the MAS SORA Website on the Quotation Day as the case may be.

SORA means the Stock Option Repurchase Agreement entered into between Minorplanet and Erin Mills on August 15, 2003.