Common use of Term RFR Option Clause in Contracts

Term RFR Option. On and after the Term RFR Transition Date with respect to any applicable Affected Currency, in the case of Loans denominated in any Affected Currency that bear interest based on a Term RFR, a rate per annum (computed on the basis of a year of 360 days and actual days elapsed, except that interest on Loans denominated in Affected Currencies as to which market practice differs from the foregoing shall be computed in accordance with market practice for such Loans) equal to the Term RFR for such Affected Currency as determined for each applicable Interest Period plus the RFR Adjustment plus the Applicable Margin.

Term RFR Option. On and after the Term RFR Transition Date with respect to any applicable the Affected Currency, in the case of Loans Purchases denominated in any the Affected Currency that bear interest based on a Term RFR, a rate per annum (computed on the basis of a year of 360 days and actual days elapsed, except that interest on Loans Purchases denominated in Affected Currencies Currency as to which market practice differs from the foregoing shall be computed in accordance with market practice for such LoansPurchases) equal to the Term RFR for such the Affected Currency as determined for each applicable Interest Yield Period plus the RFR Adjustment plus the Applicable MarginAdjustment.

Term RFR Option. On and after the Term RFR Transition Date with respect to any applicable the Affected Currency, in the case of Loans denominated in any the Affected Currency that bear interest based on a Term RFR, a rate per annum (computed on the basis of a year of 360 days and actual days elapsed, except that interest on Loans denominated in the Affected Currencies Currency as to which market practice differs from the foregoing shall be computed in accordance with market practice for such Loans) equal to the Term RFR for such Affected Currency as determined for each applicable Interest Period plus the RFR Adjustment plus the Applicable Margin.

Term RFR Option. On and after the Term RFR Transition Date with respect to any applicable Affected Currency, in the case of Loans Advances denominated in any Affected Currency that bear interest based on a Term RFR, a rate per annum (computed on the basis of a year of 360 days and actual days elapsed, except that interest on Loans Advances denominated in Affected Currencies as to which market practice differs from the foregoing shall be computed in accordance with market practice for such LoansAdvances) equal to the Term RFR for such Affected Currency as determined for each applicable Interest Period plus the RFR Adjustment plus the Applicable Margin.