SOFR Adjustment means 0.10% (10 basis points).
SOFR Adjustment with respect to Daily Simple SOFR means 0.11448% (11.448 basis points); and with respect to Term SOFR 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-month’s duration, 0.42826% (42.826 basis points) for an interest period of six-months’ duration, and 0.71513% (71.513 basis points) for an interest period of twelve–months’ duration.
SOFR Adjustment means 0.10%.
Examples of SOFR Adjustment 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
SOFR Adjustment with respect to Daily Simple SOFR means 0.10% (10.0 basis points); and with respect to Term SOFR means 0.10% (10.0 basis points) for an Interest Period of one-month’s duration, three-month’s duration and six-month’s duration.
SOFR Adjustment means, with respect to Term SOFR, 0.10000% (10.000 basis points) for an interest period of one-month’s duration, 0.15000 % (15.000 basis points) for an interest period of three-month’s duration, and 0.25000% (25.000 basis points) for an interest period of six-months’ duration.
SOFR Adjustment means, (a) with respect to Daily Simple SOFR, 0.10% (10.0 basis points) and (b) with respect to Term SOFR, 0.10% (10.0 basis points) for an Interest Period of one-month’s duration or three-month’s duration.
SOFR Adjustment means 0.10% per annum.