Adjusted Term SOFR Advance definition

Adjusted Term SOFR Advance means an Advance that bears interest at a rate based on Adjusted Term SOFR (other than pursuant to clause (c) of the definition of Base Rate).
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Adjusted Term SOFR Advance means a Revolving Credit Advance that bears interest as provided in Section 2.06(a)(ii).
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Adjusted Term SOFR Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).
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Examples of Adjusted Term SOFR Advance in a sentence

  • Each such notice of a Conversion shall be substantially in the form of Exhibit H hereto, and shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Revolving Credit Advances to be Converted, and (iii) if such Conversion is into Adjusted Term SOFR Advances, the duration of the initial Interest Period for each such Adjusted Term SOFR Advance.

  • The Contractor shall not employ any person of age below 18 years and above the age of 60 years and the persons so engaged shall be sound in health capable of performing their work as per instructions and should not be suffering from any illness, infection and disease.

  • In the Aurora area, which is adjacent to reach D, there are water withdrawals from the dolomite aquifer (industrial wells) and virtually no withdrawals from aquifers in sand and gravel.

  • Each such notice of a Conversion shall be substantially in the form of Exhibit H hereto, and shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Advances to be Converted, and (iii) if such Conversion is into Adjusted Term SOFR Advances, the duration of the initial Interest Period for each such Adjusted Term SOFR Advance.

Related to Adjusted Term SOFR Advance

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Initial Term Lender means, at any time, any Lender that has an Initial Term Commitment or an Initial Term Loan at such time.

  • Term SOFR Rate means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Extended Term Loans has the meaning specified in Section 2.15(a).