SOFR Adjustment Date definition

SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest Period.
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SOFR Adjustment Date means, for any Interest Period, the fifth U.S. Government Securities Business Day before the related Payment Date.
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SOFR Adjustment Date means the second SOFR Business Day before each Accrual Period begins.
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Examples of SOFR Adjustment Date in a sentence

  • So long as the Class A-1b Notes are Outstanding, the Note Paying Agent shall obtain Compounded SOFR in accordance with the definition of “Compounded SOFR” on each SOFR Adjustment Date and shall promptly provide such rate to the Administrator or such person as directed by the Administrator.


More Definitions of SOFR Adjustment Date

SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such InterestPeriod.
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SOFR Adjustment Date means, with respect to the Notes and any Accrual Period (other than the first Accrual Period), the second U.S. Government Securities Business Day before such Accrual Period begins.
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Related to SOFR Adjustment Date

  • SOFR Adjustment means 0.10% (10 basis points).

  • LIBOR Adjustment Date With respect to any Payment Date, the second business day before the related Accrual Period begins. For this purpose, a “business day” is a day on which banks are open for dealing in foreign currency and exchange in London, New York City and Washington, D.C.

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Adjustment Date As to each Adjustable Rate Mortgage Loan, each date on which the related Mortgage Rate is subject to adjustment, as provided in the related Mortgage Note.

  • Rate Adjustment Date With respect to each ARM Loan, the date on which the Note Rate adjusts.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.