RFR Loan definition
Examples of RFR Loan in a sentence
Anything to the contrary contained herein notwithstanding, neither any Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar or other deposits to fund or otherwise match fund any Obligation as to which interest accrues at the EURIBOR Rate or the rate applicable to any RFR Loan.
More Definitions of RFR Loan
RFR Loan means a Loan that bears interest at a rate based on Daily Simple RFR or, after the replacement of the then-current Benchmark for any currency for all purposes hereunder or under any Loan Document with Term RFR pursuant to Section 4.4.4.1, Term RFR for such currency, as the context may require.
RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR. For the avoidance of doubt, RFR Loans are only available under this Agreement as a result of the application of Section 2.14.
RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR. “S&P” means Standard & Poor’s Rating Services, a Standard & Poor’s Financial Services LLC business.
RFR Loan means a Loan that bears interest at a rate based on a Daily Simple RFR or, after the replacement of the then-current Benchmark for any Currency for all purposes hereunder or under any Loan Document with a Term RFR pursuant to Section 2(vii)(P) [Term RFR Transition Event], the Term RFR for such Currency, as the context may require.