{"component": "definition", "props": {"groups": [{"size": 865, "snippet": "means, as to any Borrowing, the SOFR Loans comprising such Borrowing.", "snippet_links": [{"key": "sofr-loans", "type": "clause", "offset": [32, 42]}], "samples": [{"hash": "cPOOBCerRkk", "uri": "/contracts/cPOOBCerRkk#sofr-borrowing", "label": "Financing Agreement (EagleRock Land, LLC)", "score": 37.3832991102, "published": true}, {"hash": "b9u470RJ2kd", "uri": "/contracts/b9u470RJ2kd#sofr-borrowing", "label": "Credit Agreement (Clear Channel Outdoor Holdings, Inc.)", "score": 37.3750839233, "published": true}, {"hash": "lVtgB5pXvtu", "uri": "/contracts/lVtgB5pXvtu#sofr-borrowing", "label": "Credit Agreement (Trinseo PLC)", "score": 37.3641357422, "published": true}], "hash": "476b38902deeb70373d6a410d12058c6", "id": 1}, {"size": 64, "snippet": "means a Borrowing that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (iii) of the definition of \u201cBase Rate\u201d.", "snippet_links": [{"key": "a-borrowing", "type": "definition", "offset": [6, 17]}, {"key": "based-on", "type": "definition", "offset": [48, 56]}, {"key": "adjusted-term-sofr", "type": "definition", "offset": [57, 75]}, {"key": "pursuant-to-clause", "type": "clause", "offset": [88, 106]}, {"key": "the-definition-of", "type": "definition", "offset": [116, 133]}, {"key": "base-rate", "type": "definition", "offset": [135, 144]}], "samples": [{"hash": "gwUZrC46ZwX", "uri": "/contracts/gwUZrC46ZwX#sofr-borrowing", "label": "Term Loan Credit Agreement (Skyward Specialty Insurance Group, Inc.)", "score": 37.0136909485, "published": true}, {"hash": "3Fn7CqODVEE", "uri": "/contracts/3Fn7CqODVEE#sofr-borrowing", "label": "First Amendment (Skyward Specialty Insurance Group, Inc.)", "score": 37.0136909485, "published": true}, {"hash": "iGR4dkxBRoO", "uri": "/contracts/iGR4dkxBRoO#sofr-borrowing", "label": "Credit Agreement (Bassett Furniture Industries Inc)", "score": 35.5242996216, "published": true}], "hash": "e072e861f4d2d271869e87d5e653e308", "id": 2}, {"size": 13, "snippet": "means an Adjusted Term SOFR Borrowing; provided that, if a replacement of the Benchmark has occurred pursuant to Section 2.12(c) with respect to Adjusted Term SOFR, a Daily Simple SOFR Borrowing.", "snippet_links": [{"key": "adjusted-term-sofr-borrowing", "type": "definition", "offset": [9, 37]}, {"key": "provided-that", "type": "definition", "offset": [39, 52]}, {"key": "replacement-of", "type": "clause", "offset": [59, 73]}, {"key": "pursuant-to-section", "type": "definition", "offset": [101, 120]}, {"key": "with-respect-to", "type": "clause", "offset": [129, 144]}, {"key": "daily-simple-sofr-borrowing", "type": "definition", "offset": [167, 194]}], "samples": [{"hash": "9DXkepctjxe", "uri": "/contracts/9DXkepctjxe#sofr-borrowing", "label": "Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund)", "score": 36.2881584167, "published": true}, {"hash": "1emU1ia3DVn", "uri": "/contracts/1emU1ia3DVn#sofr-borrowing", "label": "Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)", "score": 36.274471283, "published": true}, {"hash": "eDLLKTztIxb", "uri": "/contracts/eDLLKTztIxb#sofr-borrowing", "label": "Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund)", "score": 34.5058174133, "published": true}], "hash": "67c4101348704754360fcf60d46bf59f", "id": 3}, {"size": 13, "snippet": "as to any Borrowing, the SOFR Loans comprising such Borrowing. \u201cSOFR Loan\u201d a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of \u201cBase Rate\u201d. \u201cSolvent\u201d: 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. \u201cSPC\u201d: as defined in Section 9.6(m). \u201cSpecified Asset Sales\u201d: the sale of 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2006]}, {"key": "liquefaction-facility", "type": "definition", "offset": [2051, 2072]}], "samples": [{"hash": "cRsB257gJn8", "uri": "/contracts/cRsB257gJn8#sofr-borrowing", "label": "Credit Agreement (New Fortress Energy Inc.)", "score": 33.1601638794, "published": true}], "hash": "b5d2e92b45df93dfd1ed300f97e40cbe", "id": 4}, {"size": 8, "snippet": "means each unpaid principal balance of a Loan which accrues interest at calculated based upon SOFR, whether an Adjusted Daily SOFR Borrowing or an Adjusted SOFR Rate Borrowing.", "snippet_links": [{"key": "unpaid-principal-balance", "type": "clause", "offset": [11, 35]}, {"key": "a-loan", "type": "definition", "offset": [39, 45]}, {"key": "daily-sofr-borrowing", "type": "definition", "offset": [120, 140]}, {"key": "adjusted-sofr-rate", "type": "definition", "offset": [147, 165]}], "samples": [{"hash": "bHWWLqDihwJ", "uri": "/contracts/bHWWLqDihwJ#sofr-borrowing", "label": "Credit Agreement (Lazydays Holdings, Inc.)", "score": 35.8802185059, 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"/contracts/bHIRi2XH6r8#sofr-borrowing", "label": "Credit Agreement (Alkami Technology, Inc.)", "score": 34.4866523743, "published": true}], "hash": "87a004578d60ba05ebfb7480feb9550b", "id": 7}, {"size": 6, "snippet": "means a Loan or Loans comprising a Borrowing that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of \u201cBase Rate\u201d.", "snippet_links": [{"key": "loan-or-loans", "type": "definition", "offset": [8, 21]}, {"key": "a-borrowing", "type": "definition", "offset": [33, 44]}, {"key": "based-on", "type": "definition", "offset": [75, 83]}, {"key": "term-sofr", "type": "clause", "offset": [84, 93]}, {"key": "pursuant-to-clause", "type": "clause", "offset": [106, 124]}, {"key": "the-definition-of", "type": "definition", "offset": [132, 149]}, {"key": "base-rate", "type": "definition", "offset": [151, 160]}], "samples": [{"hash": "ldrwmCqKACC", "uri": "/contracts/ldrwmCqKACC#sofr-borrowing", "label": "Credit Agreement (Molina Healthcare, Inc.)", "score": 36.8850097656, "published": true}, {"hash": "26ZEIdwcyQB", "uri": "/contracts/26ZEIdwcyQB#sofr-borrowing", "label": "Credit Agreement (Molina Healthcare, Inc.)", "score": 36.6112251282, "published": true}, {"hash": "jtuXRSjk7ZM", "uri": "/contracts/jtuXRSjk7ZM#sofr-borrowing", "label": "Credit Agreement (Molina Healthcare, Inc.)", "score": 36.1403160095, "published": true}], "hash": "ab27000b3bf687f3ae58060e5fc0e9ec", "id": 8}, {"size": 6, "snippet": "means a Borrowing comprised of SOFR Loans. \u201cSOFR Loan\u201d means a Committed Loan that bears interest at a rate determined by reference to Term SOFR (other than pursuant to clause (c) of the definition of \u201cBase Rate\u201d). \u201cSOFR Loan Notice\u201d means a notice for a SOFR Borrowing or continuation or conversion pursuant to Section 2.02(b), which shall be substantially in the form of Exhibit A-1. \u201cSolvent\u201d and \u201cSolvency\u201d means, with respect to any Person as of any date of determination, that (a) at fair valuations, the sum of such Person\u2019s debts (including contingent liabilities) is less than all of such Person\u2019s assets, (b) such Person is not engaged or about to engage in a business or transaction for which the remaining assets of such Person are unreasonably small in relation to the business or transaction or for which the property remaining with such Person is an unreasonably small capital, and (c) such Person has not incurred and does not intend to incur, or reasonably believe that it will incur, debts beyond its ability to pay such debts as they become due (whether at maturity or otherwise), and (d) such Person is \u201csolvent\u201d or not \u201cinsolvent\u201d, as applicable within the meaning given those terms and similar terms under applicable laws relating to fraudulent transfers and conveyances. For purposes of this definition, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability (irrespective of whether such contingent liabilities meet the criteria for accrual under Statement of Financial Accounting Standard No. 5). \u201cSponsor\u201d means, collectively, (a) Mistral SAC Holdings, LLC, (b) Satori Capital, LLC, Satori Capital Strategic Opportunities, LP and Satori Capital III, LP and (c) any Controlled Investment Affiliate of either of the Persons set forth in clauses (a) or (b) of this definition.", "snippet_links": [{"key": "a-borrowing", "type": "definition", "offset": [6, 17]}, {"key": "comprised-of", "type": "clause", "offset": [18, 30]}, {"key": "sofr-loans", "type": "clause", "offset": [31, 41]}, {"key": "committed-loan", "type": "clause", "offset": [63, 77]}, {"key": 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Loans.", "Upon receipt of such notice, the Borrower may revoke any Notice of Borrowing or notice of conversion or continuation of SOFR Loans (to the extent of the affected SOFR Loans or, in the case of a Term <strong>SOFR Borrowing</strong>, the affected Interest Periods) then submitted by it.", "Thereafter, the obligation of the Lenders to make or maintain SOFR Loans hereunder shall be suspended (to the extent of the affected SOFR Loans or, in the case of a Term <strong>SOFR Borrowing</strong>, the affected Interest Periods) until Administrative Agent revokes such notice in writing.", "If the Borrower does not revoke such notice, the Lenders shall make, convert or continue the Loans, as proposed by the Borrower, in the amount specified in the applicable notice submitted by the Borrower, but such Loans shall be made, converted or continued as Reference Rate Loans immediately or, in the case of a Term <strong>SOFR Borrowing</strong>, at the end of the applicable Interest Period."], 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