Common use of Term SOFR Loans Clause in Contracts

Term SOFR Loans. The Loans constituting each Term Benchmark Borrowing shall bear interest at a rate per annum equal to the Adjusted Term SOFR Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate.

Appears in 4 contracts

Samples: Assignment and Assumption (American International Group, Inc.), Assignment and Assumption (American International Group, Inc.), Assignment and Assumption (SAFG Retirement Services, Inc.)

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Term SOFR Loans. The Loans constituting comprising each Term Benchmark SOFR Borrowing shall bear interest at a rate per annum equal to the Adjusted Term SOFR Rate for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

Appears in 3 contracts

Samples: Credit Agreement (Sitio Royalties Corp.), Credit Agreement (STR Sub Inc.), Credit Agreement (Sitio Royalties Corp.)

Term SOFR Loans. The Loans constituting comprising each Term Benchmark SOFR Borrowing shall bear interest at a rate per annum equal to the Adjusted Term SOFR Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate.

Appears in 2 contracts

Samples: Credit Agreement (Griffon Corp), Credit Agreement (Griffon Corp)

Term SOFR Loans. The Loans constituting each Borrowing of Term Benchmark Borrowing SOFR Loans shall bear interest at a rate per annum equal to the Adjusted Term SOFR Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate.

Appears in 1 contract

Samples: Credit Agreement (American International Group, Inc.)

Term SOFR Loans. The Loans constituting each Term Benchmark SOFR Borrowing shall bear interest at a rate per annum equal to the Adjusted Term SOFR Rate for the related Interest Period in effect for such Borrowing plus the Applicable RateMargin.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Barings BDC, Inc.)

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Term SOFR Loans. The Loans constituting each Borrowing of Term Benchmark Borrowing SOFR Loans shall bear interest on each date at a rate per annum equal to the Adjusted Term SOFR Rate for the related Interest Period in effect for such Borrowing plus the Applicable RateMargin.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Owl Rock Core Income Corp.)

Term SOFR Loans. The Loans constituting each Term Benchmark SOFR Borrowing shall bear interest at a rate per annum equal to the Adjusted applicable Term SOFR Rate for the related Term SOFR Interest Period in effect for such Borrowing plus the Applicable RateMargin.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Varagon Capital Corp)

Term SOFR Loans. The Loans constituting each Term Benchmark SOFR Borrowing shall bear interest at a rate per annum equal to the Adjusted Applicable Term SOFR Rate for the Interest Period in effect for such Borrowing plus the Applicable RateBorrowing.

Appears in 1 contract

Samples: Credit Agreement (Macerich Co)

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