Term SOFR Bid Margin definition
Term SOFR Bid Margin means the margin above or below Term SOFR to be added to or subtracted from Term SOFR, which margin shall be expressed in multiples of 1/100th of one basis point.
Term SOFR Bid Margin means, with respect to the U.S. Term SOFR Margin Bid Loans, the margin above or below the Term SOFR Rate to be added to or subtracted from the Term SOFR Rate, which margin shall be expressed in multiples of 1/100th of one basis point.
Term SOFR Bid Margin has the meaning specified in Section 2.02(c)(2)(iii).
More Definitions of Term SOFR Bid Margin
Term SOFR Bid Margin means the margin above or below Term SOFR to be added to or subtracted from Term SOFR, which margin shall be expressed in multiples of 1/100th of one Basis Point.