Spread Adjustment means 100 basis points.
Spread Adjustment means a mathematical or other adjustment to an alternate benchmark rate selected pursuant to Section 4.04(c) of the Agreement and such adjustment may be positive, negative, or zero subject to the specific Spread Adjustments set forth in Section 4.04(c).
Spread Adjustment means, (i) for the period from the Closing Date to and including the Rate Period Termination Date, 0% and (ii) for the period after the Rate Period Termination Date, 2.00%.
Examples of Spread Adjustment in a sentence
At the same time, the Company also amended the benchmark rate of the U.S. dollar revolving credit facility and the U.S. dollar Term A Loans from U.S. dollar LIBOR to U.S. dollar SOFR plus a 10 basis point Credit Spread Adjustment.
More Definitions of Spread Adjustment
Spread Adjustment shall have the meaning specified in the Fee Letter.
Spread Adjustment means, until such time that AIF has commenced borrowings for the purpose of funding its participation in loans, the spread adjustment (expressed as a percentage per annum) for loans made by ADB which are funded through participations in the loans by AIF included within the Floating Rate as in effect at 12:01 a.m. Manila time on the date of the Loan Agreement and communicated to the Borrower, which spread shall remain fixed for the term of the Loan;
Spread Adjustment means, with respect to any Series, the Spread Adjustment for such Series set forth in the Appendix for such Series.
Spread Adjustment means the spread adjustment (which may be a positive or negative value or zero) that has been selected by the Issuer, in consultation with the Calculation Agent, giving due consideration to any industry-accepted spread adjustment, or method for calculating or determining such spread adjustment.
Spread Adjustment means 0.1193 per cent., being the Spread Adjustment (as defined in supplement number 70 to the 2006 ISDA Definitions, published January 25, 2021 (the ISDA IBORs Fallback Supplement) for three month Sterling LIBOR as specified on Bloomberg screen "SBP0003M Index", or any successor page, as calculated by Bloomberg Index Services Limited (or a successor provider as approved and/or appointed by ISDA from time to time) in relation to three month Sterling LIBOR.
Spread Adjustment has the meaning assigned to such term in Section 2.2.
Spread Adjustment means, for any calculation with respect to a Term SOFR Loan or Daily Simple SOFR Loan, a percentage per annum set forth below (and in the case of a Term SOFR Loan, for the applicable Interest Period therefor): Daily Simple SOFR Loans: 0.10%