Define: SONIA
What does "SONIA" mean? The meaning differs based on the contract. We found 7 definitions across 8 companies in SEC filings.
Definition 1 (DOVER Corp, seen in 2 filings)
SONIA means with respect to any Business Day, a rate per annum equal to the Sterling Overnight Index Average for such Business Day published by the SONIA Administrator on the SONIA Administrator s Website on the immediately succeeding Business Day.
Source: DOVER Corp 10-Q
Definition 2 (Air Products & Chemicals, Inc., seen in 1 filing)
SONIA means for any RFR Business Day, the Sterling Overnight Index Average Reference Rate for deposits in Sterling appearing on an internationally recognized service selected by the Administrative Agent, such as Reuters, for such Designated Currency at approximately 11 00 a.m. (London time) five (5) RFR Business Days prior to such RFR Business Day.
Source: Air Products & Chemicals, Inc. 10-Q
Definition 3 (AMAZON COM INC, seen in 1 filing)
SONIA means with respect to any Business Day, a rate per annum equal to the Sterling Overnight Index Average for such Business Day published by the SONIA Administrator on the SONIA Administrator Website on the immediately succeeding Business Day.
Source: AMAZON COM INC 10-K
Definition 4 (CATERPILLAR INC, seen in 1 filing)
SONIA means with respect to any Business Day, a rate per annum equal to the Sterling Overnight Index Average for such Business Day published by the SONIA Administrator on the SONIA Administrator's Website on the immediately succeeding Business Day.
Source: CATERPILLAR INC 8-K
Definition 5 (CME GROUP INC., seen in 1 filing)
SONIA means in relation to any Loan in Sterling, and with respect to any applicable determination date, the Sterling Overnight Index Average Reference Rate published on the fifth Business Day preceding such date on the applicable Reuters screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time); provided however that if such determination date is not a Business Day, SONIA means such rate that applied on the first Business Day immediately prior thereto.
Source: CME GROUP INC. 8-K
Definition 6 (Salesforce, Inc., seen in 1 filing)
SONIA means with respect to any applicable determination date, a rate equal to the Sterling Overnight Index Average as administered by the SONIA Administrator.
Source: Salesforce, Inc. 8-K
Definition 7 (ANALOG DEVICES INC, seen in 1 filing)
SONIA means with respect to any applicable determination date, the Sterling Overnight Index Average Reference Rate published on the fifth Business Day preceding such date on the applicable Reuters screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time); provided however that if such determination date is not a Business Day, SONIA means such rate that applied on the first Business Day immediately prior thereto.
Source: ANALOG DEVICES INC 8-K
Data extracted from 11 SEC EDGAR filings across 8 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.