RFR Rate definition

RFR Rate means, for any Loans, Borrowings, interest, fees, commissions or other amounts denominated in, or calculated with respect to (a) Xxxxxxxx, XXXXX, and (b) Swiss Francs, SARON.
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RFR Rate means, for any Advances, Borrowings, interest, fees, commissions or other amounts denominated in, or calculated with respect to Sterling, SONIA.
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RFR Rate means, for any Loans, Borrowings, interest, fees, commissions or other amounts denominated in, or calculated with respect to (a) GBP, SONIA, and (b) CHF, SARON.
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Examples of RFR Rate in a sentence

  • The Cumulative Compounded RFR Rate for the Interest Period of the relevant Loan.

  • Any such disbursement made by Administrative Agent to Lenders shall be deemed to be a RFR Rate Loan, and Borrowers in the applicable Fund Group shall be deemed to have given to Administrative Agent, in accordance with the terms and conditions of Section 2.03(a), a Loan Notice with respect thereto.

  • Any prepayment of a RFR Rate Loan shall be accompanied by all accrued interest thereon, together with any additional amounts required pursuant to Section 4.05 hereof.

  • Except as otherwise provided herein, a RFR Rate Loan may be continued or converted only on the last day of an Interest Period for such RFR Rate Loan.

  • During the existence of a Potential Default or an Event of Default, no Loans may be requested as or converted to RFR Rate Loans, without the consent of the Required Lenders.

  • Subject to the provisions of clause (b) below: (i) each RFR Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the RFR for such Interest Period; and (ii) each Alternate Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Alternate Base Rate.

  • Notwithstanding anything to the contrary contained herein, (i) no Fund Group, individually, shall have the right to have more than thirty (30) RFR Rate Loans in the aggregate outstanding hereunder at any one time during the Availability Period (ii) nor shall any Lender be obligated to fund any Loan if the interest rate applicable thereto under Section 2.06(a) hereof would exceed the Maximum Rate in effect with respect to such Loan (ii) all Borrowings in an Alternative Currency must be RFR Rate Loans.

  • Each Borrowing, each conversion of Loans from one Type of Loan to the other, and each continuation of RFR Rate Loans shall be made upon a Borrower’s irrevocable notice to Administrative Agent, which may be given by telephone or by electronic mail pursuant to, and in accordance with the terms of this Credit Agreement.

  • Each Borrowing of, conversion to or continuation of RFR Rate Loans shall be in a principal amount that is an integral multiple of $100,000 and not less than $500,000, and each Borrowing of, conversion to or continuation of Alternate Base Rate Loans shall be in an amount that is an integral multiple of $100,000 and not less than $500,000, or, in each case, such lesser amounts as agreed to by the Administrative Agent.

  • Each Lender may: (a) designate its principal office or a branch, subsidiary or Affiliate of such Lender as its Lending Office (and the office to whose accounts payments are to be credited) for any RFR Rate Loan; (b) designate its principal office or a branch, subsidiary or Affiliate as its Lending Office (and the office to whose accounts payments are to be credited) for any Alternate Base Rate Loan; and (c) change its Lending Office from time to time by notice to the Administrative Agent and the Borrowers.


More Definitions of RFR Rate

RFR Rate means, for any Loans, Borrowings, interest, fees, commissions or other amounts denominated in, or calculated with respect to
Sample 1
RFR Rate means €STR, WIRON, SONIA, SOFR or SARON,
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RFR Rate means, with respect to any RFR Banking Day, a rate per annum equal to 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).
Sample 1
RFR Rate means the rate of interest per annum equal to Adjusted Daily Simple SOFR plus the Applicable RFR Margin.
Sample 1
RFR Rate means the Daily Simple RFR for the applicable Alternative Currency.
Sample 1
RFR Rate means, for any Loans, Borrowings, interest, fees, commissions or other amounts denominated in, or calculated with respect to (a) Sterling, SONIA, and (b) Swiss Francs, SARON.
Sample 1

Related to RFR Rate

  • Turnover Rate means the period of time (usually in hours) required to circulate a volume of water equal to the pool or spa capacity.

  • Term SOFR Rate means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.

  • Eurodollar Rate with respect to each day during each Interest Period pertaining to a Eurodollar Loan, a rate per annum determined for such day in accordance with the following formula (rounded upward to the nearest 1/100th of 1%): Eurodollar Base Rate

  • LIBOR Rate means a rate per annum (rounded upwards, if necessary, to the next higher 1/100th of 1%) determined by the Administrative Agent pursuant to the following formula: LIBOR Rate = LIBOR 1.00-Eurodollar Reserve Percentage

  • CDOR Rate is defined in the definition of “Eurocurrency Rate” herein.

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • LIBO Rate means, with respect to any Eurodollar Borrowing for any Interest Period, the rate appearing on Page 3750 of the Telerate Service (or on any successor or substitute page of such Service, or any successor to or substitute for such Service, providing rate quotations comparable to those currently provided on such page of such Service, as determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to dollar deposits in the London interbank market) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, as the rate for dollar deposits with a maturity comparable to such Interest Period. In the event that such rate is not available at such time for any reason, then the "LIBO Rate" with respect to such Eurodollar Borrowing for such Interest Period shall be the rate at which dollar deposits of $5,000,000 and for a maturity comparable to such Interest Period are offered by the principal London office of the Administrative Agent in immediately available funds in the London interbank market at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period.

  • Commercial Paper Rate means: (1) the

  • Reference Rate means the rate specified as such hereon.

  • Cost of Funds Rate means, for any Accrual Period and any Lender, the rate determined as set forth below:

  • Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.