Common use of SOFR Clause in Contracts

SOFR. A rate equal to the secured overnight financing rate as administered by the SOFR Administrator.

Appears in 9 contracts

Sources: Credit Agreement (Gladstone Commercial Corp), Term Loan Agreement (Gladstone Commercial Corp), Loan Agreement (GK Investment Holdings, LLC)

SOFR. A rate equal to the secured overnight financing rate as administered by the SOFR Administrator.

Appears in 2 contracts

Sources: Senior Secured Credit Agreement (Healthcare Trust, Inc.), Credit Agreement (GTJ Reit, Inc.)

SOFR. A rate equal to the secured overnight financing rate as administered by the SOFR AdministratorFederal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

Appears in 1 contract

Sources: Commercial Promissory Note (Landa App LLC)