Daily BSBY Floating Rate Option. A fluctuating rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal the Daily BSBY Floating Rate, such rate to change automatically from day to day and time to time in accordance with the definition thereof.
Appears in 5 contracts
Samples: Receivables Financing Agreement (Sylvamo Corp), Receivables Purchase Agreement (Peabody Energy Corp), Receivables Financing Agreement (Alliance Resource Partners Lp)
Daily BSBY Floating Rate Option. A fluctuating rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal to the Daily BSBY Floating Rate, such rate to change automatically from day to day and time to time in accordance with the definition thereof.
Appears in 1 contract
