Floor definition

Floor means a rate of interest equal to 0.00%.

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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

• The obligation of the Company to make monthly prepayments related to a Amortization Event shall cease (with respect to any payment that has not yet come due) if any time after the Amortization Event Date if in the event of a Floor Price Event, on the date that is the 5th consecutive Trading Day that the daily VWAP of the Company’s Ordinary Shares is greater than 110% of the Floor Price then in effect.

• Until each Applicable Date, the Company will not, without the prior written consent of the Required Holder (as defined below), issue any Notes (other than to the Buyers as contemplated hereby) and the Company shall not issue any other securities that would (i) cause a breach or default under the Notes or (ii) have a price per share (calculated in accordance with Section 7(a) of the Notes) less than 120% of the then current Floor Price or Adjusted Floor Price, as applicable (as defined in the Notes).

• Floor 45 New York, NY 10007 Attn: General Counsel Email: ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇ Copy (which copy shall not constitute notice) to: DLA Piper LLP (US) ▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ New York, NY 10020 Attn: ▇▇▇▇▇▇ ▇.

• Email: ▇▇▇▇▇▇@▇▇▇▇.▇▇▇ If to the Company: Springview Holdings Ltd ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ #06-01 ▇▇▇▇▇▇▇▇▇ Industrial Park Singapore 159546 Attention: ▇▇▇▇ ▇▇▇▇ Email: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Ortoli Rosenstadt LLP ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 3rd Floor New York, New York 10017 Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Attention: Mengyi “▇▇▇▇▇” ▇▇ Email: ▇▇▇@▇▇▇▇▇.▇▇▇▇▇ Any party hereto may change the address for receipt of communications by giving written notice to the others.

• Pursuant to Section 2(a) of the Debentures the Company was obligated to, if any time after the Issuance Date and any time thereafter, an Amortization Event or a Floor Price Event occurs, make monthly payments beginning on the 10th Trading Day after the Amortization Event Date, and in the case of a Floor Price Event the 30th calendar days after the Floor Price Event, and continuing on the same day of each successive Calendar Month.

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 0% 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 a rate of interest equal to zero.

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.