RFR definition

RFR when used in reference to any Loan or Borrowing, refers to whether such Loan is, or the Loans constituting such Borrowing are, bearing interest at a rate determined by reference to Daily Simple RFR.

RFR means the rate specified as such in the Reference Rate Terms.

RFR means, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to, (a) Pounds Xxxxxxxx, XXXXX, and (b) Japanese Yen, TONAR.

Examples of RFR in a sentence

• The applicable Alternate Base Rate, Daily Simple RFR or Adjusted Term Benchmark Rate shall be determined by the Administrative Agent in accordance with this Agreement and such determination shall be conclusive absent manifest error.

• The Administrative Agent and its affiliates or other related entities may engage in transactions that affect the calculation of the Alternate Base Rate, the Daily Simple RFR, the Adjusted Term Benchmark Rate, any alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower.

• Each Borrowing of a Class of Revolving Loans shall be constituted entirely of ABR Loans, RFR Loans or of Term Benchmark Loans of such Class denominated in a single Currency as the Borrower may request in accordance herewith.

• The Revolving Loans constituting each RFR Borrowing shall bear interest at a rate per annum equal to the Daily Simple RFR plus the Applicable Margin.

More Definitions of RFR

RFR means, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to, (a) Dollars, Term SOFR and (b) Xxxxxxxx, XXXXX.

RFR. The secured overnight financing rate (SOFR) administered by the Federal Reserve Bank of New York (or any other person which takes over the administration of that rate) published by the Federal Reserve Bank of New York (or any other person which takes over the publication of that rate).

RFR means, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to, (a) Dollars, on and after the USD LIBOR Transition Date, SOFR and (b) Xxxxxxxx, XXXXX.

RFR means, for any Loan Document Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to, (a) Xxxxxxxx, XXXXX and (b) Euro, €STR.

RFR means the rate specified as such in the Benchmark Terms.

RFR means, for any Obligations, interest, fees, commissions or other amounts denominated in Dollars, SOFR.

RFR means, for any RFR Loan denominated in Dollars, Daily Simple SOFR.