Term SOFR Adjustment definition
Term SOFR Adjustment means a percentage equal to 0.10% per annum.
Term SOFR Adjustment means, for any calculation with respect to a Base Rate Loan or a SOFR Loan, a percentage per annum equal to 0.10%.
Term SOFR Adjustment means, for any calculation with respect to a SOFR Loan, a percentage per annum as set forth below for the applicable Interest Period therefor:
Examples of Term SOFR Adjustment in a sentence
For purposes of any calculation on any date of determination, the rate per annum equal to the sum of (a) Daily One Month Term SOFR for such date plus (b) the Term SOFR Adjustment; provided that if Adjusted Daily One Month Term SOFR as so determined shall ever be less than the Floor, then Adjusted Daily One Month Term SOFR shall be deemed to be the Floor.
More Definitions of Term SOFR Adjustment
Term SOFR Adjustment means (a) with respect to an Interest Period of one month, 0.10000%, (b) with respect to an Interest Period of three months, 0.15000% and (c) with respect to an Interest Period of six months, 0.25000%.
Term SOFR Adjustment means, for any calculation with respect to a Base Rate Loan or a SOFR Rate Loan, a percentage per annum as set forth below for the applicable Type of such Term Loan and (if applicable) Interest Period therefor: Base Rate Loans: 0.11448% SOFR Rate Loans: One month 0.11448 % Three months 0.26161 % Six months 0.42826 % Twelve months 0.71513 %
Term SOFR Adjustment means 0.10%.
Term SOFR Adjustment means, for any calculation with respect to a Base Rate Loan or a SOFR Loan, a percentage per annum as set forth below for the applicable Term Loan and (if applicable) Interest Period therefor: Base Rate Loans: 0.11448% SOFR Loans:
Term SOFR Adjustment means a percentage equal to 0.15% per annum.
Term SOFR Adjustment for any calculation with respect to an ABR Loan or a SOFR Loan, a percentage per annum as set forth below for the applicable Type of such Loan and (if applicable) Interest Period therefor: ABR Loans: SOFR Loans:
Term SOFR Adjustment means a percentage equal to 0.11448% (11.448 basis points) per annum.