Floating Interest Rates. Each Purchased Asset bears interest at a floating rate of interest that is based on LIBOR plus a margin (which interest rate may be subject to a minimum or “floor” rate).
Appears in 13 contracts
Samples: Securities Contract Agreement (FS Credit Real Estate Income Trust, Inc.), Master Repurchase and Securities Contract Agreement (KKR Real Estate Finance Trust Inc.), Master Repurchase and Securities Contract Agreement (KKR Real Estate Finance Trust Inc.)
Floating Interest Rates. Each Purchased Asset bears interest at a floating rate of interest that is based on LIBOR Term SOFR plus a margin (which interest rate may be subject to a minimum or “floor” rate).
Appears in 3 contracts
Samples: Bailee Agreement (FS Credit Real Estate Income Trust, Inc.), Custodial Agreement (Claros Mortgage Trust, Inc.), Custodial Agreement (Claros Mortgage Trust, Inc.)
Floating Interest Rates. Each Purchased Mortgage Asset bears interest at a floating rate of interest that is based on LIBOR plus a margin (which interest rate may be subject to a minimum or “floor” rate).
Appears in 2 contracts
Samples: Indenture and Credit Agreement (Terra Secured Income Fund 5, LLC), Indenture and Credit Agreement (Terra Property Trust, Inc.)
Floating Interest Rates. Each Purchased Asset bears interest at a floating rate of interest that is based on LIBOR the Benchmark plus a margin (which interest rate may be subject to a minimum or “floor” rate).
Appears in 2 contracts
Samples: Second Omnibus Amendment (KKR Real Estate Finance Trust Inc.), Sixth Omnibus Amendment (KKR Real Estate Finance Trust Inc.)
Floating Interest Rates. Each Purchased Asset bears interest at a floating rate of interest that is based on LIBOR plus a margin (which interest rate may be subject to a minimum or “floor” rate).
Appears in 1 contract
Samples: Securities Contract Agreement (TPG RE Finance Trust, Inc.)
