NYFRB means the Federal Reserve Bank of New York.
NYFRB the Federal Reserve Bank of New York.
NYFRB s Website” means the website of the NYFRB at http://www.newyorkfed.org, or any successor source.
Examples of NYFRB in a sentence
Any change in the Alternate Base Rate due to a change in the Prime Rate, the NYFRB, the Federal Funds Effective Rate or Term SOFR shall be effective from and including the effective date of such change in the Prime Rate, NYFRB, the Federal Funds Effective Rate or Term SOFR, respectively.
If such payment is not made to the Administrative Agent by the Borrower within three (3) Business Days after such due date, the Administrative Agent shall be entitled to recover, on demand, from each Lender to which any amount which was made available pursuant to the preceding sentence, such amount with interest thereon at the rate per annum equal to the daily average NYFRB Rate.
More Definitions of NYFRB
NYFRB means the Federal Reserve Bank of New York. “NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); provided that if none of such rates are published for any day that is a Business Day, the term “NYFRB Rate” means the rate for a federal funds transaction quoted at 11:00 a.m., New York City time, on such day received by the Administrative Agent from a Federal funds broker of recognized standing selected by it; provided, further, that if any of the aforesaid rates shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement. “NYFRB’s Website” means the website of the NYFRB at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source. “Obligated Party” has the meaning assigned to such term in Section 10.02. “Obligations” means all unpaid principal of and accrued and unpaid interest on the Loans, all LC Exposure, all accrued and unpaid fees and all expenses, reimbursements, indemnities and other obligations and indebtedness (including interest and fees accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), obligations and liabilities of any of the Loan Parties to any of the Lenders, the Administrative Agent any Issuing Bank or any indemnified party, individually or collectively, existing on the Effective Date or arising thereafter, direct or indirect, joint or several, absolute or contingent, matured or unmatured, liquidated or unliquidated, secured or unsecured, arising by contract, operation of law or otherwise, arising or incurred under this Agreement or any of the other Loan Documents or in respect of any of the Loans made or reimbursement or other obligations incurred or any of the Letters of Credit or other instruments at any time evidencing any thereof. “OFAC” means the Office of Foreign Assets Control of the U.S. Department of Treasury. “Other Connection Taxes” means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than 37
NYFRB means the Federal Reserve Bank of New York. AMERICAS 111453311
NYFRB s Website” means the website of the Federal Reserve Bank of New York at http://www.newyorkfed.org, or any successor source.
NYFRB s Website” means the website of the NYFRB at http://www.newyorkfed.org, or any successor source. “Obligated Party” has the meaning assigned to such term in Section 10.02.
NYFRB means the Federal Reserve Bank of New York or any successor thereto.
NYFRB s Website” shall mean the website of the NYFRB at http://www.newyorkfed.org, or any successor source.
NYFRB s Website” means the website of the NYFRB at http://www.newyorkfed.org, or any successor source. “OFAC” means the Office of Foreign Assets Control of the United States Department of the Treasury.