Adjusted Daily Simple XXXXX definition

Adjusted Daily Simple XXXXX means, for any day (a “XXXXX RFR Rate Day”), a rate per annum equal to, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to Xxxxxxxx, the greater of (i) the sum of (A) XXXXX for the day (such day, a “Sterling RFR Determination Day”) that is five (5) RFR Business Days prior to (I) if such XXXXX RFR Rate Day is an RFR Business Day, such XXXXX RFR Rate Day or (II) if such XXXXX RFR Rate Day is not an RFR Business Day, the RFR Business Day immediately preceding such XXXXX RFR Rate Day, in each case, as such XXXXX is published by the XXXXX Administrator on the XXXXX Administrator’s Website; provided that if by 5:00 p.m. (London time) on the second RFR Business Day immediately following any Sterling RFR Determination Day, XXXXX in respect of such Sterling RFR Determination Day has not been published on the XXXXX Administrator’s Website and a Benchmark Replacement Date with respect to the Adjusted Daily Simple XXXXX for Xxxxxxxx has not occurred, then XXXXX for such Sterling RFR Determination Day will be XXXXX as published in respect of the first preceding RFR Business Day for which such XXXXX was published on the XXXXX Administrator’s Website; provided further that XXXXX as determined pursuant to this proviso shall be utilized for purposes of calculation of Adjusted Daily Simple XXXXX for no more than three (3) consecutive XXXXX RFR Rate Days and (B) the XXXXX Xxxxxxxxxx and (ii) the Floor.
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Adjusted Daily Simple XXXXX means, for purposes of any calculation, the rate per annum equal to (a) Daily Simple XXXXX plus (b) the XXXXX Adjustment.
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Adjusted Daily Simple XXXXX means, with respect to any Eurocurrency Loan Borrowing denominated in Pounds Sterling, an interest rate per annum equal to (a) Daily Simple XXXXX, plus (b) 0.0326 %.
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Examples of Adjusted Daily Simple XXXXX in a sentence

  • During such periods as such Advance is a Daily Simple XXXXX Advance, a rate per annum equal at all times to the sum of (x) Adjusted Daily Simple XXXXX in effect from time to time for such Advance plus (y) the Applicable Margin in effect from time to time for such Advance, payable in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Daily Simple XXXXX Advance shall be Converted or paid in full.

  • During such periods as such Advance is a XXXXX Advance, a rate per annum equal at all times to the sum of (x) Adjusted Daily Simple XXXXX plus (y) the Applicable Margin in effect from time to time, payable in arrears on each Interest Payment Date and on the date such XXXXX Advance shall be paid in full.

  • The Administrative Agent will, in keeping with industry practice, continue using its current rounding practices in connection with the Base Rate, Daily Simple SOFR, Adjusted Daily Simple SOFR, the Term SOFR Reference Rate, Adjusted Term SOFR, Term SOFR, Canadian Prime Rate, Daily Simple XXXXX or Adjusted Daily Simple XXXXX.


More Definitions of Adjusted Daily Simple XXXXX

Adjusted Daily Simple XXXXX means an interest rate per annum equal to (a) the Daily Simple XXXXX, plus (b) 0.0326%; provided that if the Adjusted Daily Simple XXXXX as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.
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Adjusted Daily Simple XXXXX means, with respect to any RFR Borrowing denominated in Sterling, an interest rate per annum equal to (a) the Daily Simple XXXXX plus (b) 0.0326%; provided that if the Adjusted Daily Simple XXXXX as so determined would be less than zero, such rate shall be deemed to be zero.
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Adjusted Daily Simple XXXXX means with respect to a Daily Simple XXXXX Loan, the greater of (1) the sum of (a) Daily Simple XXXXX and (b) 0.29547% (29.547 basis points), and (2) the Floor.
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Adjusted Daily Simple XXXXX means, with respect to any Revolving Credit Loan or Unpaid Drawing denominated in Pounds Sterling, a rate per annum equal to (a) the Daily Simple XXXXX plus (b) (i) in the case of a Revolving Credit Loan, 0.10% or (ii) in the case of an Unpaid Drawing denominated in Pounds Sterling, -0.0024%; provided that if such rate shall be less than zero, such rate shall be deemed to be zero.
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Adjusted Daily Simple XXXXX for purposes of any calculation, the rate per annum equal to Daily Simple XXXXX plus 0.29547%; provided that if Adjusted Daily Simple XXXXX as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.
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Adjusted Daily Simple XXXXX. “Special Flood Hazard Area” means an area that the Federal Emergency Management Agency (or its successor) has designated as an area subject to special flood or mud slide hazards. “Specified Incremental A Cap” means $150,000,000. “Specified Incremental Facility” means the Specified Incremental Tranche A Facility and the Specified Incremental Tranche B Facility, as the context may require. “Specified Incremental Term Advances” has the meaning specified in Section 2.23(b). “Specified Incremental Tranche A Advances” has the meaning specified in Section 2.23(b). “Specified Incremental Tranche A Commitments” has the meaning specified in Section 2.23(b). “Specified Incremental Tranche A Facility” means, at any time, the aggregate principal amount of any Specified Incremental Tranche A Advances outstanding at such time. “Specified Incremental Tranche B Advances” has the meaning specified in Section 2.23(b). “Specified Incremental Tranche B Commitments” has the meaning specified in Section 2.23(b). “Specified Incremental Tranche B Facility” means, at any time, the aggregate principal amount of any Specified Incremental Tranche B Advances outstanding at such time. “Specified Refinancing Debt” has the meaning specified in Section 2.24(a). “Specified Representations” means the representations and warranties set forth in Sections 4.01 (a) (only with respect to the first clause), (b) (other than clauses (ii) and (iii)), (d), (g), (h), (j), (p), (q), (r), (s) (only with respect to the second sentence), (v) and (w). “Specified Transactions” means (a) the Engility Acquisition and (b) (i) any Investment that results in a Person becoming a Subsidiary of the Borrower, (ii) any 52
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Related to Adjusted Daily Simple XXXXX

  • Adjusted Daily Simple SOFR means an interest rate per annum equal to (a) the Daily Simple SOFR, plus (b) 0.10%; provided that if the Adjusted Daily Simple SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Daily Simple SOFR means, for any day, SOFR, with the conventions for this rate (which will include a lookback) being established by the Administrative Agent in accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining “Daily Simple SOFR” for syndicated business loans; provided, that if the Administrative Agent decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable discretion.

  • Compounded Daily XXXXX means, in relation to an Interest Period, the rate of return of a daily compound interest investment (with the daily Sterling overnight reference rate as reference rate for the calculation of interest) and will be calculated by the Fiscal Agent or the Calculation Agent, as applicable, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: Where:

  • Compounded Daily €STR means, with respect to any Interest Period, the rate of return of a daily compound interest investment (with the daily euro short-term rate as reference rate for the calculation of interest) as calculated by the Calculation Agent as at the relevant Interest Determination Date in accordance with the following formula (and the resulting percentage will be rounded if necessary to the nearest fifth decimal place, with 0.000005 being rounded upwards):

  • Compounded Daily SOFR means, in relation to a Floating Rate Interest Period, the rate of return of a daily compound interest investment (with SOFR as reference rate for the calculation of interest) during the related Observation Period and will be calculated by the Calculation Agent on the related Interest Determination Date as follows: Where:

  • Compounded Daily SONIA means with respect to an Interest Accrual Period, the rate of return of a daily compound interest investment during the Observation Period corresponding to such Interest Accrual Period (with the daily Sterling overnight reference rate as reference rate for the calculation of interest) and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the Final Terms or Pricing Supplement) on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: Where:

  • Daily Simple SOFR Loan means any Loan that bears interest at a rate determined by reference to the Adjusted Daily Simple SOFR.

  • Daily One Month LIBOR means, for any day, the rate of interest equal to LIBOR then in effect for delivery for a one (1) month period.

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: