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 to the sum of Adjusted Daily Simple SOFR plus the Applicable Margin for such RFR Advance in effect from time to time, payable on each date that is on the numerically corresponding day in each calendar month that is one month after the Borrowing of such Advance (or, if there is no such numerically corresponding day in such month, then the last day of such month), on the Termination Date applicable to such Lender and on the date such RFR Advance shall be Converted or be paid in full and as provided in Section 2.12.

RFR Advances. If During such periods as such Advance is an a RFR Advance, a rate per annum equal at all times to the sum of (A) the Adjusted Daily Simple SOFR plus the Applicable Margin for such RFR Advance Rate in effect from time to time, and (B) the Applicable Margin, payable in arrears monthly on each date that is on the numerically corresponding day in each calendar month that is one month after the Borrowing borrowing of such Advance (or, if there is no such numerically corresponding day in such month, then the last day of such month), ) and on the Commitment Termination Date applicable to such Lender and on the date such RFR Advance shall be Converted or be paid in full and as provided in Section 2.12any Lender.