Common use of Adjusted Daily Simple SOFR Clause in Contracts

Adjusted Daily Simple SOFR. With respect to a Daily Simple SOFR Loan, the greater of (1) the sum of (a) Daily Simple SOFR and (b) the applicable SOFR Index Adjustment and (2) the Floor.

Appears in 4 contracts

Samples: Credit Agreement (Gladstone Commercial Corp), Senior Secured Credit Agreement (Healthcare Trust, Inc.), Credit Agreement (GTJ Reit, Inc.)

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Adjusted Daily Simple SOFR. With respect to a Daily Simple SOFR Loan, the greater of (1) the sum of (a) Daily Simple SOFR and (b) the applicable SOFR Index Adjustment and (2) the FloorFloor .

Appears in 1 contract

Samples: Credit Agreement (Plymouth Industrial REIT, Inc.)

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