SOFR Margin

SOFR Margin. Means, with respect to any type of SOFR Credit Extension (whether term loan, revolving loan, or otherwise), the margin, expressed as a percentage per annum, equal to the margin that would be added under the Existing Agreement to the applicable US dollar LIBOR interest rate to determine the "all in" interest rate for such type of Credit Extension if such SOFR Credit Extension were a LIBOR Credit Extension thereunder.