USD Floor definition
USD Floor means the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment or renewal of this Agreement or otherwise) with respect to the initial USD Benchmark, which is 0% with respect to the Initial Revolving Loans and 0.50% with respect to the Initial Term Loans.
Examples of USD Floor in a sentence
Floor Price: USD Floor price: USD 2.570 per common Share, approx.
Floor price: USD Floor price: USD 2.555 per common Share, approx.