Term SOFR Index Adjustment definition

Term SOFR Index Adjustment means a percentage equal to 0.10% per annum.
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Term SOFR Index Adjustment means a percentage equal to (a) for a Tranche Period of one month, 0.11448%; and (b) for a Tranche Period of three months, 0.26161%. “Term SOFR Reference Rate” means the forward-looking term rate based on SOFR that
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Term SOFR Index Adjustment means a percentage equal to 0.10% per annum. “Term SOFR Reference Rate” shall mean the forward-looking term rate based on SOFR.
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Examples of Term SOFR Index Adjustment in a sentence

  • For any Available Tenor and Interest Period with respect to a Term SOFR Loan, an interest rate per annum equal to (a) Term SOFR for such Interest Period, plus (b) the applicable Term SOFR Index Adjustment; provided that if Adjusted Term SOFR as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.


More Definitions of Term SOFR Index Adjustment

Term SOFR Index Adjustment. For any calculation with respect to a Term SOFR Loan, a percentage per annum as set forth below for the applicable Type of such Loan and (if applicable) Interest Period therefor: Interest Period Percentage One month 0.10% Three months 0.10% Six months 0.10%
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Term SOFR Index Adjustment means for any calculation with respect to a Base Rate Loan or a SOFR Loan, a percentage per annum as set forth below for the applicable Type of such Loan and (if applicable) Interest Period therefor:
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Term SOFR Index Adjustment means 0.10%.
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Related to Term SOFR Index Adjustment

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • 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 (2) 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.

  • ABR Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • SOFR Adjustment means 0.10% (10 basis points).

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Adjusted Value as used in subdivision (d) means:

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.