Define: Term SOFR
What does "Term SOFR" mean? The meaning differs based on the contract. We found 4 definitions across 7 companies in SEC filings.
Definition 1 (Air Products & Chemicals, Inc., seen in 3 filings)
Term SOFR means the forward-looking term rate based on SOFR.
Source: Air Products & Chemicals, Inc. 10-Q
Definition 2 (DTE ENERGY CO, seen in 2 filings)
Term SOFR means for the applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body.
Source: DTE ENERGY CO 10-K
Definition 3 (AMAZON COM INC, seen in 1 filing)
Term SOFR means the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body.
Source: AMAZON COM INC 10-K
Definition 4 (APPLIED MATERIALS INC /DE, seen in 1 filing)
Term SOFR means a benchmark interest rate for Term SOFR Loans.
Source: APPLIED MATERIALS INC /DE 8-K
Data extracted from 10 SEC EDGAR filings across 7 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.