SOFR Administrator’s Website definition
SOFR Administrator’s Website means the website of the Federal Reserve Bank of New York, currently at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time.
SOFR Administrator’s Website the NYFRB’s website, currently at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time.
SOFR Administrator’s Website means the website of the SOFR Administrator, currently at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/market-data/cme-group-benchmark-administration/term-sofr.html, or any successor source for Term SOFR identified by the SOFR Administrator from time to time.
Examples of SOFR Administrator’s Website in a sentence
If the daily SOFR (“SOFRi”) does not so appear for any day, “i” in the Observation Period, SOFRi for such day “i” shall be SOFR published in respect of the first preceding U.S. Government Securities Business Day for which SOFR was published on the SOFR Administrator’s Website.
More Definitions of SOFR Administrator’s Website
SOFR Administrator’s Website. The website of the SOFR Administrator, currently at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time.
SOFR Administrator’s Website means the website of the FRBNY, currently at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇, or any successor source.
SOFR Administrator’s Website means the website of the Federal Reserve Bank of New York, currently at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time. “Solvent” or “Solvency” shall mean, with respect to any Person (on a consolidated basis) on any date of determination, that on such date (i) the fair value of the assets (for the avoidance of doubt, calculated to include goodwill and other intangibles) of such Person, at a fair valuation, will exceed the debts and liabilities, direct, subordinated, contingent or otherwise, of such Person; (ii) the present fair saleable value of the property of such Person will be greater than the amount that will be required to pay the probable liabilities of such Person on its debts and other liabilities, direct, subordinated, contingent or otherwise, as such debts and other liabilities become absolute and matured; (iii) such Person will be able to pay its debts and liabilities, direct, subordinated, contingent or otherwise, as such debts and liabilities become absolute and matured and (iv) such Person will not have unreasonably small capital with which to conduct the businesses in which it is engaged as such businesses are now conducted and are proposed to be conducted following such date. “Specified Swap Counterparty” shall mean any Person that, at the time it enters into a Swap Agreement, is a Swap Counterparty. “Sponsor” shall mean Exelon Generation Company, LLC, a Pennsylvania limited liability company. “Sponsor Guaranty” shall mean a guaranty of payment in form and substance reasonably acceptable to the Administrative Agent issued by an Acceptable Guarantor, which guaranty shall name the Collateral Agent (for the benefit of the Lenders) as the beneficiary thereof. “Sponsor Parties” shall mean the Sponsor, the Loan Parties and the Loan Parties’ Subsidiaries.
SOFR Administrator’s Website means the website of the Federal Reserve Bank of New York, currently at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time. “SOFR Borrowing” means, as to any Borrowing, the SOFR Loans comprising such Borrowing. “SOFR Loan” means a Loan that bears interest at a rate based on Daily Simple SOFR and Term SOFR, other than, in each case, pursuant to clause (c) of the definition of “Base Rate”. “SOFR Rate Day” has the meaning assigned to such term in the definition of “Daily Simple SOFR”. “Sold Entity or Business” has the meaning specified in the definition of the term “Consolidated EBITDA.” “Solvent” or “Solvency” means, at the time of determination: (a) each of the Fair Value and the Present Fair Saleable Value of the assets of a Person and its Subsidiaries taken as a whole exceed their Stated Liabilities and Identified Contingent Liabilities; and (b) such Person and its Subsidiaries taken as whole do not have Unreasonably Small Capital; and (c) such Person and its Subsidiaries taken as whole can pay their Stated Liabilities and Identified Contingent Liabilities as they mature. Defined terms used in the foregoing definition shall have the meanings set forth in the solvency certificate delivered on the Restatement Effective Date pursuant to Section 3(h) of the Restatement Agreement. “Specified Capital Lease” means any Debt (a) of the Specified Capital Lease Subsidiary, (b) in the form of a Capital Lease or other financing facilities (which may include financings in the form of single or multiple draw term loan facilities), in each case, incurred to finance the acquisition, construction, repair, replacement, lease or improvement of any Equipment or any fixed or capital assets of the Specified Capital Lease Subsidiary, (c) for which the security interest granted to the lessor thereunder extends to, among other Liens permitted to be incurred pursuant to clause (e)(y) of the definition of “Permitted Liens,” (i) the Equipment or fixed or capital assets financed by such Capital Lease or other financing facility and (ii) to the extent that the Agent has received written notice from the Borrower identifying certain Accounts in such detail as shall be reasonably satisfactory to the Agent and to the extent required to be collateral thereunder, any Accounts of the Specified Capital Lease Subsidiary arising out of or otherwise related to the use of the Equipment or fixed ...
SOFR Administrator’s Website has the meaning set forth in Section 3.03(b) of this Supplemental Indenture.
SOFR Administrator’s Website has the meaning set forth in Section 2.15(f).
SOFR Administrator’s Website the website of the Federal Reserve Bank of New York, currently at http://www.newyorkfed.org, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time. “SOFR Borrowing”: as to any Borrowing, the SOFR Loans comprising such Borrowing. “SOFR Loan” a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”. “Solvent”: with respect to any Person on any date of determination, that on such date (a) the fair value of the assets of such Person and its Subsidiaries on a consolidated basis, at a fair valuation, will exceed the debts and liabilities, direct, subordinated, contingent or otherwise, of such Person and its Subsidiaries on a consolidated basis, respectively; (b) the present fair saleable value of the property of such Person and its Subsidiaries on a consolidated basis will be greater than the amount that will be required to pay the probable liability of such Person and its Subsidiaries on a consolidated basis, respectively, on their debts and other liabilities, direct, subordinated, contingent or otherwise, as such debts and other liabilities become absolute and matured; (c) such Person and its Subsidiaries on a consolidated basis will be able to pay their debts and liabilities, direct, subordinated, contingent or otherwise, as such debts and liabilities become absolute and matured; and (d) such Person and its Subsidiaries on a consolidated basis will not have unreasonably small capital with which to conduct the businesses in which they are engaged as such businesses are conducted on such date. “SPC”: as defined in Section 9.6(o).