Screen definition
Examples of Screen in a sentence
Section 3.5.2 provides a mechanism for (a) determining an alternative rate of interest if the Term SOFR Screen Rate or the Daily Simple SOFR Rate is no longer available or in the other circumstances set forth in Section 3.5.2, and (b) modifying this Agreement to give effect to such alternative rate of interest.
Administrative Agent and its affiliates or other related entities may engage in transactions that affect the calculation of the Alternate Base Rate, the Term SOFR Reference Rate, the Term SOFR Screen Rate, the Term SOFR Screen Rate, SOFR, Daily Simple SOFR, the Daily Simple SOFR Rate, any alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to Borrower.
The interest rate on SOFR Committed Loans is determined by reference to the Term SOFR Screen Rate and the Daily Simple SOFR Rate, which are derived from the Term SOFR Reference Rate and Daily Simple SOFR, respectively.