Examples of Alternate Rate in a sentence
Market Disruption and Alternate Rate of Interest 87 SECTION 2.14.
In addition, the discontinuation of the Alternate Rate, Term SOFR Reference Rate, Adjusted Term SOFR, Term SOFR or any Benchmark and any alternative, successor or replacement reference rate may result in a mismatch between the reference rate referenced in this Agreement and your other financial instruments, including potentially those that are intended as xxxxxx.
Upon the Seller’s receipt of notice of the commencement of a Benchmark Unavailability Period with respect to a given Benchmark, (A) no Portion of Capital shall be funded at the Alternate Rate determined by reference to Adjusted Term SOFR and (B) the Discount for any outstanding Portions of Capital then funded at the Alternate Rate determined by reference to Adjusted Term SOFR shall be converted to the Alternate Rate determined by reference to the Base Rate.