SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.
SOFR Determination Date means the date that is two SOFR Business Days before the first day of the applicable Interest Period.
SOFR Determination Date means, with respect to any SOFR Reset Date and with respect to (x) the Secured Overnight Financing Rate and (y) the Overnight Bank Funding Rate: (i) in the case of (x), the first Business Day immediately preceding such SOFR Reset Date; and (ii) in the case of (y), the first New York City Banking Day immediately preceding such SOFR Reset Date;
Examples of SOFR Determination Date in a sentence
If the Benchmark is SOFR, on each SOFR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of SOFR for the related Interest Period.
More Definitions of SOFR Determination Date
SOFR Determination Date means, with respect to any SOFR Reset Date and with respect to
SOFR Determination Date means, with respect to any SOFR Reset Date and with respect to (x) the Secured Overnight Financing Rate and (y) the Overnight Bank Funding Rate: (i) in the case of (x), the first Business Day immediately preceding such SOFR Reset Date; and (ii) in the case of (y), the first New York City Banking Day immediately preceding such SOFR Reset Date.
SOFR Determination Date means the second (2nd) U.S. Government Securities Business Day before each Interest Accrual Period begins.
SOFR Determination Date that is five (5) U.S. Government Securities Business Day prior to (i) if such SOFR Rate Day is a U.S. Government Securities Business Day, such SOFR Rate Day or (ii) if such SOFR Rate Day is not a U.S. Government Securities Business Day, the U.S. Government Securities Business Day immediately preceding such SOFR Rate Day, in each case, as such SOFR is published by the SOFR Administrator on the SOFR Administrator’s Website. Any change in Daily Simple SOFR due to a change in SOFR shall be effective from and including the effective date of such change in SOFR without notice to the Borrowers.
SOFR Determination Date means the second U.S. Government Securities Business Day before each Interest Accrual Period begins.
SOFR Determination Date means, in respect of any U.S. Government Securities Business Day “i”:
SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”. “SOFR-Based Rate” means SOFR, CompoundedSOFR Rate Day” has the meaning specified in the definition of “Daily Simple SOFR or Term SOFR”. "“Subsidiary"” of a Person means (i) any corporation more than 50% of the outstanding securities having ordinary voting power of which shall at the time be owned or controlled, directly or indirectly, by such Person or by one or more of its Subsidiaries or by such Person and one or more of its Subsidiaries, or (ii) any partnership, limited liability company, association, joint venture or similar business organization more than 50% of the ownership interests having ordinary voting power of which shall at the time be so owned or controlled. Unless otherwise expressly provided, all references herein to a "“Subsidiary"” shall mean a Subsidiary of the Borrower. "“Substantial Portion"” means, with respect to the Property of the Borrower and its Subsidiaries, Property which (i) represents more than 10% of the consolidated assets of the Borrower and its Subsidiaries as would be shown in the consolidated financial statements of the Borrower and its Subsidiaries as at the beginning of the twelve-month period ending with the month in which such determination is made, or (ii) is responsible for more than 10% of the consolidated net sales or of the consolidated net income of the Borrower and its Subsidiaries as reflected in the financial statements referred to in clause (i) above, or (iii) represents more than 25% of the consolidated assets of the Borrower and its Subsidiaries as would be shown in the consolidated financial statements of the Borrower and its Subsidiaries as of September 30, 2019 or (iv) is responsible for more than 25% of the consolidated net sales or of the consolidated net income of the Borrower and its Subsidiaries as reflected in the financial statements referred to in clause (iii) above. “Supported QFC” has the meaning assigned to it in Section 9.17. "“Swing Line Borrowing Notice"” is defined in Section 2.5.2. "“Swing Line Lender"” means JPMCB or such other Lender which may succeed to its rights and obligations as Swing Line Lender pursuant to the terms of this Agreement and shall include, without limitation, any office, branch, subsidiary or affiliate of JPMCB or such other Lender selected by JPMCB or such other Lender from time to time as the provider of any Swing Line Loan. "“Swing Line Loan"” means a Loan made available to the Borrower by the ...