Common use of SOFR Clause in Contracts

SOFR. with respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York’s Website.

SOFR. with With respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York’s Website.

SOFR. with With respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark, benchmark (or a successor administrator) on the Federal Reserve Bank of New York’s Websitewebsite (or any successor source) and, in each case, that has been selected or recommended by the relevant Governmental Authority. SOFR-Based Rate: SOFR or Term SOFR.