CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator).
CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward- looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator).
CME Term SOFR Administrator means CME Group Benchmark AdministrationLimited as administrator of the forward-looking term SOFR (or a successor administrator).
Examples of CME Term SOFR Administrator in a sentence
As used in this Agreement, the following terms have the following meanings: “1-Month CME Term SOFR” is the 1-month CME Term SOFR reference rate as published by the CME Term SOFR Administrator on the CME Term SOFR Administrator’s Website.
More Definitions of CME Term SOFR Administrator
CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term SOFR (or a successor administrator). "Code" means the Internal Revenue Code of 1986, as amended from time to time. "Collateral" means any and all property owned, leased or operated by a Person covered by the Collateral Documents and any and all other property of any Loan Party, now existing or hereafter acquired, that may at any time be, become or be intended to be, subject to a security interest or Lien in favor of the Administrative Agent, on behalf of itself and the Secured Parties, to secure the Secured Obligations. "Collateral Access Agreement" has the meaning assigned to such term in the Security Agreement. "Collateral Deposit Account" has the meaning assigned to such term in the Security Agreement. "Collateral Documents" means, collectively, the Security Agreement, the Mortgages and any other agreements, instruments and documents executed in connection with this Agreement that are intended to create, perfect or evidence Liens to secure the Secured Obligations, including, without limitation, all other security agreements, pledge agreements, mortgages, deeds of trust, loan agreements, notes, guarantees, subordination agreements, pledges, powers of attorney, consents, assignments, contracts, fee letters, notices, leases, financing statements and all other written matter whether theretofore, now or hereafter executed by any Loan Party and delivered to the Administrative Agent. "Collection Account" has the meaning assigned to such term in the Security Agreement. "Commercial LC Exposure" means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding commercial Letters of Credit plus (b) the aggregate amount of all LC Disbursements relating to commercial Letters of Credit that have not yet been reimbursed by or on behalf of the Working Capital Borrowers. The Commercial LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the aggregate Commercial LC Exposure at such time. "Commitment" means, with respect to each Lender, the sum of such Lender's Revolving Commitment and Term Loan Commitment, together with the commitment of such Lender to acquire participations in Protective Advances hereunder. The initial amount of each Lender's Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption or other documentation or record (as such term is defined in Section 9-102(a)(70) of the New York Un...
CME Term SOFR Administrator shall have the meaning specified in the Pricing Letter.
CME Term SOFR Administrator means CME Group Benchmark Administration Limited asadministrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successoradministrator).“Code” means the U.S. Internal Revenue Code of 1986, as amended.“Commitment” means, with respect to each Lender, the commitment, if any, of such Lender tomake a Loan on the Effective Date, expressed as an amount representing the maximum principal amountof the Loan to be made by such Lender, as such commitment may be reduced or increased from time totime pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of eachLender’s Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant towhich such Lender shall have assumed its Commitment, as applicable. The initial aggregate amount of theLenders’ Commitment is $1,420,000,000.“Communications” means, collectively, any notice, demand, communication, information,document or other material provided by or on behalf of the Borrower pursuant to any Loan Document orthe transactions contemplated therein that is distributed to the Administrative Agent or any Lender bymeans of electronic communications pursuant to Section 9.01, including through the Platform.“Compliance Certificate” means a Compliance Certificate substantially in the form of Exhibit Cor any other form approved by the Administrative Agent in its reasonable discretion.“Consolidated Depreciation and Amortization Expense” means, with respect to any Person, forany period, the total amount of depreciation and amortization expense, including the amortization ofdeferred financing fees and amortization of unrecognized prior service costs and actuarial gains andlosses related to pensions and other post-employment benefits, of such Person and its Subsidiaries forsuch period on a consolidated basis and otherwise determined in accordance with GAAP.“Consolidated EBITDA” means, with respect to any Person for any period, the Consolidated NetIncome of such Person and its Subsidiaries for such period(a) increased (without duplication) by:11
CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term SOFR (or a successor administrator). “Co-Documentation Agents” means Fifth Third Bank, SunTrust Xxxxxxxx Xxxxxxxx, Inc. and TD Bank, N.A., in each case acting in its capacity as a co-documentation agent. “Co-Syndication Agents” means BofA Securities, Inc., MUFG Bank, Ltd, The Bank of Nova Scotia, and Xxxxx Fargo Bank, N.A., in each case acting in its capacity as a co-syndication agent. “Code” means the Internal Revenue Code of 1986, as amended. “Collateral” means all of the “Collateral” referred to in the Collateral Documents and all of the other property that is or is intended under the terms of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties and for the avoidance of doubt, shall exclude all Excluded Assets. “Collateral Agent” means JPMorgan in its capacity as collateral agent for the Lenders under the Security Agreement and its successors in such capacity. “Collateral Documents” means, collectively, the Security Agreement, the Intellectual Property Security Agreement, and each of the collateral assignments, Security Agreement Supplements, Intellectual Property Security Agreement Supplements, security agreements, pledge agreements or other similar agreements, instruments or documents that creates or purports to create a Lien in favor of the Administrative Agent for the benefit of the Secured Parties. “Committed Loan Notice” means a Committed Revolving Loan Notice or a Committed Term Loan Notice, as the context may require. “Committed Revolving Loan Notice” means a notice of (a) a Revolving Credit Borrowing (including an Incremental Revolving Credit Borrowing), (b) a conversion of Revolving Credit Loans from one Type to the other, or (c) a continuation of Eurodollar RateTerm Benchmark Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A-1. “Committed Term Loan Notice” means a notice of (a) a Term Borrowing (including an Incremental Term Borrowing), (b) a conversion of Term Loans from one Type to MSGN – A&R Credit Agreement (2019)
CME Term SOFR Administrator means CME Group Benchmark Administration Limited (CBA) as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion). “Code” means the Internal Revenue Code of 1986, as amended. “Commitment” means a Revolving Commitment, a Delayed Draw Term Commitment or an Incremental Term Commitment. “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § et seq.), as amended from time to time, and any successor statute. “Communications” means, collectively, any notice, demand, communication, information, document or other material provided by or on behalf of the Company or any other Loan Party pursuant to any Loan Document or the transactions contemplated therein that is distributed to the Administrative Agent, any Lender or any Issuing Bank by means of electronic communications pursuant to Section 10.01, including through the Platform. “Company” means Westinghouse Air Brake Technologies Corporation, a Delaware corporation. “Compliance Certificate” means a Compliance Certificate in the form of Exhibit D or any other form approved by the Administrative Agent. “Computation Period” means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter. “Connection Income Taxes” means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. “Consolidated Net Income” means, for any period, the net income (or loss) of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP. “Consolidated Net Tangible Assets” means, on any date of determination, all assets minus (a) all applicable depreciation, amortization and other valuation reserves, (b) all current liabilities and (c) all goodwill, trade names, trademarks, patents, copyrights, unamortized debt discount and expenses and other intangibles, in each case, of the Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP and as set forth on the most recently available consolidated balance sheet of the Company prepared in accordance with GAAP.
CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator). “Code”: the Internal Revenue Code of 1986, as amended from time to time. “Commitment”: as to any Lender, the sum of its Five-Year Commitment, its Term Commitment, its New Term Commitment, its New Term III Commitment and its commitment under any Incremental Facility, if any. “Commitment Fee Rate”: an amount determined from the table set forth in the definition of Applicable Margin. “Commodity Exchange Act”: the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute. “Competitive Bid”: an offer by a Lender to make a Competitive Loan pursuant to Section 2.3. “Competitive Bid Accept/Reject Letter”: a notification made by the Borrower pursuant to Section 2.3(f) in the form of Exhibit C-4. “Competitive Bid Rate”: as to any Competitive Bid made by a Lender pursuant to Section 2.3, (i) in the case of a EurodollarTerm Benchmark Competitive Loan, the
CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator). “Code” means the U.S. Internal Revenue Code of 1986, as amended, and any successor federal Tax statute (unless otherwise specified in this Agreement). “Co-Issuer” means BRS Finance Corp., a Delaware corporation. “Collateral” means all the “Collateral” (or equivalent term) as defined in any Collateral Document. “Collateral Access Agreement” means any landlord waiver, warehouseman’s letter, consignee agreement, bailee letter or other agreement, in form and substance reasonably satisfactory to the Collateral Agent (including with respect to waivers or subordinations of certain rights by such Persons), between the Collateral Agent and any landlord where any Inventory is located or any third party warehouser, consignee, bailee or other similar Person having the possession of any Inventory. “Collateral and Guarantee Requirement” means, at any time, the requirement that: (1) the Collateral Agent shall have received each Collateral Document required to be delivered (a) on the Closing Date pursuant to Section 4.01(2)(a) or (b) pursuant to the Security Agreement or Section 6.11 or 6.13 at such time required by the Security Agreement or by such Sections to be delivered, in each case, duly executed by each Loan Party that is party thereto; (2) all Obligations shall have been unconditionally guaranteed by (a) Holdings (or any successor thereto), (b) each Restricted Subsidiary of the Borrower that the 23 US-DOCS\124480978.17139630401.7