Common use of RFR Advances Clause in Contracts

RFR Advances. If such Advance is an RFR Advance, a rate per annum equal at all times while such Advance is outstanding to the sum of the Daily Simple RFR in effect from time to time for such RFR Advance plus the Applicable Margin in effect from time to time, payable on each RFR Interest Payment Date while such RFR Advance is outstanding (or, with respect to any portion thereof that shall be prepaid pursuant to Section 2.09 or otherwise in accordance with the terms of this Agreement, on the date of such prepayment).

Appears in 15 contracts

Samples: Credit Agreement (Caterpillar Financial Services Corp), Credit Agreement (Caterpillar Financial Services Corp), Credit Agreement (Caterpillar Inc)

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