Benchmark Floor means a rate of interest equal to zero percent (0%).
Benchmark Floor means the greater of (a) 0.00% and (b) such higher amount as may be specified with respect to any Transaction in the related Confirmation.
Benchmark Floor means, at any time, with respect to any Transaction, the greater of (a) zero and (b) the Benchmark Floor set forth in the related Confirmation with respect to the then-applicable Benchmark.
Examples of Benchmark Floor in a sentence
Benchmark Floor: 0.50% Ticking Fee: As set out in the PIK Notes Closing Payment Letter.
More Definitions of Benchmark Floor
Benchmark Floor means zero percent 0.0%.
Benchmark Floor shall have the meaning set forth in the Pricing Side Letter.
Benchmark Floor means the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment or renewal of this Agreement or otherwise) with respect to the Adjusted Term SOFR Rate and Adjusted Daily Simple SOFR Rate or, if no floor is specified, zero.
Benchmark Floor means a rate of interest equal to zero percent (0.00%).
Benchmark Floor means zero percent (0.00%) per annum.
Benchmark Floor means zero percent (0%).
Benchmark Floor means the greater of (x) zero percent (0%) and (y) the floor indicated in the Confirmation for any Purchased Asset.