Term SOFR Adjustment definition

Term SOFR Adjustment means a percentage equal to 0.10% per annum.
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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: Interest Period Percentage One month 0.11448 % Three months 0.26161 % Six months 0.42826 % Twelve months 0.71513 %
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Term SOFR Adjustment means a percentage equal to 0.10% (10 basis points) per annum.
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Examples of Term SOFR Adjustment in a sentence

  • Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR chall be deemed to be equal to the Floor.

  • The Adjusted Term SOFR is equal to the sum of (a) the Term SOFR rate (as defined in our new credit agreement) for such period plus (b) the Term SOFR Adjustment of 0.1% plus (c) the applicable margin.

  • Term SOFR for such calculation p lus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Interest on the Revolving Credit Facility accrues at an annual rate of SOFR, plus a Term SOFR Adjustment of 0.10%, plus an applicable margin with an unused commitment fee based on our senior secured leverage ratio.

  • The interest rate margin applicable to borrowings under the senior secured term loan facility is USD Term SOFR and a Term SOFR Adjustment depending on the interest period chosen plus an applicable margin which is dependent on the Company's net leverage ratio.


More Definitions of Term SOFR Adjustment

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%.
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Term SOFR Adjustment means, 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:
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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%.
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Term SOFR Adjustment means a percentage equal to 0.11448% per annum.
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Term SOFR Adjustment means 0.11448% (11.448 basis points) for an Interest Period of one-month’s duration, 0.26161% (26.161 basis points) for an Interest Period of three-months’ duration, and 0.42826% (42.826 basis points) for an Interest Period of six-months’ duration.
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Term SOFR Adjustment means (x) 0.11448% per annum for an Interest Period of one month; (y) 0.26161% per annum for an Interest Period of three months; and (z) 0.42826 % per annum for an Interest period of six months.
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Term SOFR Adjustment means, for any calculation with respect to a Base Rate Portion or a Term SOFR Portion, a percentage per annum as set forth below for the applicable type of such Portion and (if applicable) Interest Period therefor: Index Rate Portions: 0.10% Term SOFR Portions: Interest Period Percentage One Month 0.10% Three Months 0.15% Six Months 0.25%
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