Floor definition

Floor means a rate of interest equal to 0.00%.
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

  • Floor plan indicating location of partitions and doors (details required of partition and door types).

  • A copy of the Warrant Agreement may be obtained for inspection by the Holder hereof upon written request to the Warrant Agent, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, 2nd Floor, Canton, MA 02021.

  • The “Cap Adjustment Fraction” shall be a fraction, the numerator of which is the Cap Value and the denominator is the Reference Closing Price and the “Floor Adjustment Fraction” shall be a fraction, the numerator of which is the Floor Value and the denominator of which is the Reference Closing Price.

  • Immediately upon the Closing, the Company shall reserve from its duly authorized and unissued Common Stock a number of shares equal to five (5) times the number of shares of Common Stock then issuable upon conversion of all the Series A issued pursuant to the Series A COD at the Floor Price (as that term defined in the Series A COD) subject to adjustment adjusted pursuant to the terms of the Series A COD (the “Reserved Amount”).

  • S▇▇▇▇▇▇▇ & Worcester LLP 1▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇ Floor New York, NY 10020 Fax Number: Attention: E-mail: Any party hereto may change the address for receipt of communications by giving written notice to the others.


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.