Term SOFR Applicable Credit Adjustment Spread definition

Term SOFR Applicable Credit Adjustment Spread means 0.10%.
Term SOFR Applicable Credit Adjustment Spread means, with respect to Term Benchmark Loans denominated in Dollars, (i) with an Interest Period of one month, 0.10%, (ii) with an Interest Period of three months, 0.15% and (iii) with an Interest Period of six months, 0.25%.
Term SOFR Applicable Credit Adjustment Spread means, with respect to Term Benchmark Loans denominated in Dollars, 0.10%.

More Definitions of Term SOFR Applicable Credit Adjustment Spread

Term SOFR Applicable Credit Adjustment Spread means, with respect to Term Benchmark Loans denominated in Dollars, (a) for Interest Periods of one month: 0.10%, (b) for Interest Periods of three months: 0.15% and (c) for Interest Periods of six months: 0.25%. “Term SOFR Reference Rate” means the forward-looking term rate based on SOFR. “Termination Date” means the earliest to occur of (i) the Final Maturity Date, (ii) the date of the termination of the Commitments in full pursuant to Section 2.08(c) and (iii) the date on which the Commitments are terminated pursuant to Article VII. “Testing Period” has the meaning assigned to such term in Section 5.12(b)(ii)(F)(x). “Testing Quarter” has the meaning assigned to such term in Section 5.12(b)(ii)(B). “Total Assets” means, as of any date of determination, the value of the total assets of the Obligors, less all liabilities and indebtedness of the Obligors not represented by senior securities, in each case, as of such date of determination. “Total Assets Concentration Limitation” means, as of any date of determination, the amount by which the aggregate value of Equity Interests in Financing Subsidiaries held by the Obligors included in the calculation of Total Assets as of such date of determination exceeds 10% of the Total Assets as of such date of determination. “Total Secured Debt” means, as of any date of determination, the aggregate amount of senior securities representing secured indebtedness of the Obligors (including any Indebtedness
Term SOFR Applicable Credit Adjustment Spread means, with respect to Term Benchmark Loans denominated in Dollars, (a) for Interest Periods of one month: 0.10%, (b) for Interest Periods of three months: 0.15% and (c) for Interest Periods of six months: 0.25%. “Term SOFR Reference Rate” means the forward-looking term rate based on SOFR. “Termination Date” means the earliest to occur of (i) the Final Maturity Date, (ii) the date of the termination of the Commitments in full pursuant to Section 2.08(c) and (iii) the date on which the Commitments are terminated pursuant to Article VII. “Testing Period” has the meaning assigned to such term in Section 5.12(b)(ii)(F)(x). “Testing Quarter” has the meaning assigned to such term in Section 5.12(b)(ii)(B).

Related to Term SOFR Applicable Credit Adjustment Spread

  • Term SOFR Rate means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.