Examples of XXXXX Adjustment in a sentence
The Loans constituting each RFR Borrowing shall bear interest at a rate per annum equal to the Daily Simple RFR plus the Applicable Margin plus the XXXXX Adjustment.
Notwithstanding anything else herein, interest due and payable pursuant to Section 4.05(b) with respect to an Advance for which the One Month XXXXX Adjustment has been selected shall be payable on the fifteenth (15th) calendar day of each month during which an Interest Payment Date does not occur and the related Calculation Period Start Date and Calculation Period shall each be monthly.
Notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such adjustment will become effective without any further action or consent of any party to this Agreement or any other Loan Document other than the Administrative Agent, in consultation with the Borrower.the XXXXX Adjustment.
The adjustment shall be computed by multiplying the applicable IAF currently in use by the XXXXX Adjustment, but will never be less that the initial amount set forth in (a), (b), (c) in this Section 5.3 1.
For any day, CORRA with interest accruing on a compounded daily basis, with the methodology and conventions for this rate being established by the Administrative Agent XXXXX Adjustment.