SOFR Spread Adjustment

Example Definitions of "SOFR Spread Adjustment"
SOFR Spread Adjustment. Means 0.116% for a Term SOFR Interest Period of 1 month, and 0.116% for a Term SOFR Interest Period of 3 months, solely to the extent that the Existing Loan Documents permit a LIBOR interest period of 3 months.
Found in Lifeway Foods, Inc. contract
All Definitions