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 Owner acknowledges and agrees that damages would be an inadequate remedy for the Municipality for breach of this Agreement or the Option and RFR and that the public interest strongly favours specific performance, injunctive relief (mandatory or otherwise), or other equitable relief, as the only adequate remedy for a default under this Agreement or the Option and RFR.

• If the Municipality wishes to exercise this RFR, the Municipality will give the Owner written notice of such exercise on or before the end of the Election Period.

• The purchase of the Property by the Municipality will be completed on the date ("Completion Date") to be chosen by the Municipality, acting reasonably, such date not to be later than 30 Business Days after the Municipality gives to the Owner its notice of intention to exercise the Option or after the Municipality gives to the Owner its notice of exercise of the RFR.

• The Option and the RFR are effective until the date that is 80 years less a day after the date on which the Form C referring to this Agreement is deposited for registration in the LTO.

• The Municipality will have the exclusive right for 14 Business Days (the "Election Period") from the date on which the Municipality receives from the Owner the Notice and a copy of the Bona Fide Offer within which to notify the Owner that the Municipality is exercising the RFR and the Municipality has elected to purchase the Property on the terms set out in Part V of this Agreement.

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

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

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