Common use of SOFR Loans Clause in Contracts

SOFR Loans. During such periods as Loans shall be comprised in whole or in part of SOFR Loans, such SOFR Loans shall bear interest at a per annum rate equal to Adjusted Term SOFR plus the Applicable Percentage. Interest on Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein). (e)

Appears in 2 contracts

Samples: Credit Agreement (Hni Corp), Hni Corp

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SOFR Loans. During such periods as Revolving Loans shall be comprised in whole or in part of SOFR Loans, each such SOFR Loans Loan shall bear interest at a per annum rate equal to Adjusted the sum of Term SOFR for the Interest Period in effect plus the Applicable PercentageMargin. Interest on Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein). (e)Date.

Appears in 2 contracts

Samples: Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.)

SOFR Loans. During such periods as Loans the Term Loan shall be comprised in whole or in part of SOFR Loans, each such SOFR Loans Loan shall bear interest at a per annum rate equal to Adjusted the sum of Term SOFR for the Interest Period in effect plus the Applicable PercentageMargin. Interest on Loans the Term Loan shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein). (e)Date.

Appears in 2 contracts

Samples: Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.)

SOFR Loans. During such periods as Revolving Loans shall be comprised in whole or in part of SOFR Loans, each such SOFR Loans Loan shall bear interest at a per annum rate equal to the sum of Adjusted Term SOFR plus the Applicable Percentage. Interest on Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein). (e)Date.

Appears in 1 contract

Samples: Credit Agreement (Osi Systems Inc)

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SOFR Loans. During such periods as Revolving Loans shall be comprised in whole or in part of SOFR Loans, each such SOFR Loans Loan shall bear interest at a per annum rate equal to the sum of Adjusted Term SOFR plus the Applicable PercentageMargin. Interest on Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein). (e)Date.

Appears in 1 contract

Samples: Credit Agreement (ARKO Corp.)

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