Floor definition

Floor means a rate of interest equal to 0.00%.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

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 USD LIBOR.

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 or the Adjusted Daily Simple SOFR, as applicable. For the avoidance of doubt the initial Floor for each of Adjusted Term SOFR Rate or the Adjusted Daily Simple SOFR shall be 0.00%.

Examples of Floor in a sentence

• Landlord and Tenant mutually desire to alter the Premises so as to remove the Expansion Space and the 5th Floor Space , all as further provided for below.

• Company covenants and agrees to increase the Share Reserve each time an Additional Note is issued to provide for the issuances of Conversion Shares under such Additional Note (the number of Common Shares to be added shall be calculated by dividing the principal amount of the Additional Note by the Floor Price (as defined in the Initial Note)).

• The delivery of the Expansion Space shall be phased as provided in this First Amendment, and will, upon delivery of possession to Subtenant, be comprised of the First Floor Initial Expansion Space (defined below), Sublandlord’s First Floor Exclusive Use Space (defined below), the Shared Amenities Spaces (all as depicted on Exhibit A) and the entirety of the second floor of the Building.

• Very truly yours, By: /s/ R▇▇▇▇▇ ▇▇▇▇▇ R▇▇▇▇▇ Veera Co-Head of Investment Banking 3▇▇ ▇▇▇▇ ▇▇▇▇▇▇ 16th Floor New York, NY 10022 Accepted and Agreed to as of the date first written above: By: /s/ D▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: D▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: CEO Eva Live, Inc.

• The Floor Price for each Additional Note will be the same as the Floor Price of the Initial Note.

More Definitions of Floor

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 Term SOFR Rate or, if no floor is specified, zero.

Floor means 0.00%.

Floor means a rate of interest equal to zero percent (0.00%) per annum.

Floor means 0.00% per annum.

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 Eurocurrency Rate.

Floor means the top surface of an enclosed area in a building (including basement), i.e., top of slab in concrete slab construction or top of wood flooring in wood frame construction. The term does not include the floor of a garage used solely for parking vehicles.

Floor means an agreement obligating the seller to make payments to the buyer in which each payment is based on the amount that a predetermined number, sometimes called the floor rate or price, exceeds a reference price, level, performance or value of one or more underlying interests.