Define: SOFR Loan

What does "SOFR Loan" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.

Definition 1 (DTE ENERGY CO, seen in 1 filing)

SOFR Loan means a loan bearing interest based on the Secured Overnight Financing Rate.

Source: DTE ENERGY CO 8-K

Definition 2 (AMERICAN TOWER CORP /MA/, seen in 1 filing)

SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of Base Rate .

Source: AMERICAN TOWER CORP /MA/ 10-K

Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 2
Companies: 2
Keywords:
SOFR Loandefinitioncontract languagelegal termSEC filing

Related Definitions

ABR Loan

What does 'ABR Loan' mean in a contract? See 3 real definitions from 3 companies in SEC filings, with direct source links.

Adjusted Daily Simple SOFR

What does 'Adjusted Daily Simple SOFR' mean in a contract? See 3 real definitions from 2 companies in SEC filings, with direct source links.

Adjusted Term SOFR

What does 'Adjusted Term SOFR' mean in a contract? See 10 real definitions from 10 companies in SEC filings, with direct source links.

Base Rate Loan

What does 'Base Rate Loan' mean in a contract? See 2 real definitions from 2 companies in SEC filings, with direct source links.

Daily Simple SOFR

What does 'Daily Simple SOFR' mean in a contract? See 2 real definitions from 2 companies in SEC filings, with direct source links.

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