RFR definition

RFR when used in reference to any Loan or Borrowing, refers to whether such Loan is, or the Loans constituting such Borrowing are, bearing interest at a rate determined by reference to Daily Simple RFR.

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RFR means the rate specified as such in the Reference Rate Terms.

RFR means, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to, (a) Pounds ▇▇▇▇▇▇▇▇, ▇▇▇▇▇, and (b) Japanese Yen, TONAR.

Examples of RFR in a sentence

Administrative Agent shall promptly notify Swing Line Lender and each Lender of the contents of each such notice and each Lender’s Commitment Percentage of the proposed RFR Loan.
Each Lender shall, before 11:00 a.m. (Portland time) on proposed funding date of such RFR Loan, make available to Administrative Agent, in immediately available funds, the amount of its Commitment Percentage of such principal amount of such converted Swing Loan.
Each Loan elected pursuant to this Section 2.4(a) must be in a minimum amount of $500,000 and in integral multiples of $100,000 and at no time shall there be more than ten (10) different Interest Periods or RFR Loans outstanding.
Interest on each RFR Loan shall be paid on (x) the date that is five U.S. Government Securities Business Days after (I) the last day of each calendar month, (II) in connection with any prepayment, with respect to interest on the amount of principal prepaid, the date of such prepayment and (y) the Maturity Date.
Each such Notice of Borrowing must be received by Administrative Agent not later than (x) 9:00 AM (Portland time) on the date of borrowing if an RFR Loan or (y) 10:00 AM (Portland time) at least three U.S. Government Securities Business Days prior to the date of borrowing if a Term Benchmark Loan.

More Definitions of RFR

RFR. The secured overnight financing rate (SOFR) administered by the Federal Reserve Bank of New York (or any other person which takes over the administration of that rate) published by the Federal Reserve Bank of New York (or any other person which takes over the publication of that rate).

RFR means, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to, (a) Dollars, on and after the USD LIBOR Transition Date, SOFR and (b) ▇▇▇▇▇▇▇▇, ▇▇▇▇▇.

RFR means, for any Obligations, interest, fees, commissions or other amounts denominated in Dollars, SOFR.

RFR means, for any RFR Loan denominated in Dollars, Daily Simple SOFR.

RFR means, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to, (a) Dollars, Adjusted Term SOFR and (b) Sterling, Adjusted Daily Simple ▇▇▇▇▇.

RFR means, for any Obligations consisting of any interest, fees or other amounts denominated in ▇▇▇▇▇▇▇▇, ▇▇▇▇▇.

RFR means, for any RFR Loan denominated in ▇▇▇▇▇▇▇▇, ▇▇▇▇▇.