Term RFR Notice definition

Term RFR Notice means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term RFR Transition Event.
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Term RFR Notice means a notification by the Administrative Agent to the Lenders and the Company of the occurrence of a Term RFR Transition Event.
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Term RFR Notice means a notification by the Bank to the Borrower Representative of the occurrence of a Term RFR Transition Event.
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Examples of Term RFR Notice in a sentence

  • For the avoidance of doubt, the Administrative Agent shall not be required to deliver a Term RFR Notice after a Term RFR Transition Event and may elect or not elect to do so in its sole discretion.

  • In addition to the guidance specified in the BTP, the staff has specified that advanced light-water reactors should provide an enhanced level of fire protection to ensure that safe shutdown can be achieved, assuming all equipment in any one fire area is rendered inoperative as a result of fire damage and that reentry into the fire area by plant personnel for repairs or operator interactions is not possible.

  • For the avoidance of doubt, the Bank shall not be required to deliver a Term RFR Notice after a Term RFR Transition Event and may elect or not elect to do so in its sole discretion.

  • For the avoidance of doubt, the Agent shall not be required to deliver a Term RFR Notice after a Term RFR Transition Event and may elect or not elect to do so in its sole discretion.

  • For the avoidance of doubt, the Administrator shall not be required to deliver a Term RFR Notice after a Term RFR Transition Event and may elect or not elect to do so in its sole discretion.

  • For the avoidance of doubt, the Administrative Agent shall not be required to deliver a Term RFR Notice after a TermRFR Transition Event and may elect or not elect to do so in its sole discretion.(b) Benchmark Replacement Conforming Changes.

  • For the avoidance of doubt, the Administrative Agent shall not be required to deliver a Term RFR Notice after a Term RFR Transition Event and may elect or not elect to do so in its sole discretion.(b) Benchmark Replacement Conforming Changes.


More Definitions of Term RFR Notice

Term RFR Notice means a notification by the Administrative Agent to the Lenders and the Company of the occurrence of a Term RFR TransitionEvent.
Sample 1
Term RFR Notice means a notification by the Administrative Agent to the Lenders and the Administrative Borrower of the occurrence of a Term RFR Transition Event. 1096351.01A-CHISR01A1096355.04J-CHISR01A - MSW
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Term RFR Notice means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term RFR Transition Event. Term RFR Option shall mean the option of the Borrower to have Loans bear interest at the rate and under the terms specified in Section 4.1.1(ii) [Revolving Credit Term RFR Loan Option].
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Term RFR Notice means a notification by the Administrative Agent to the Lenders and the Borrowers of the occurrence of a Term RFR Transition Event. “Term RFR Transition Date” shall mean, in the case of a Term RFR Transition Event, the date that is thirty (30) calendar days after the Administrative Agent has provided the related Term RFR Notice to the Lenders and the Borrowers pursuant to Section 2.10(h)(i)(C). “Term RFR Transition Event” shall mean, with respect to any Currency for any Interest Period, the determination by the Administrative Agent that (a) the applicable Term RFR for such Currency has been recommended for use by the Relevant Governmental Body and (b) the administration of such Term RFR is administratively feasible for the Administrative Agent. “Term Loan Scheduled Repayment” shall have the meaning provided in Section 5.02(e). “Term SOFR” shall mean the Term SOFR Reference Rate for a tenor comparable to the applicable Interest Period on the day (such day, the “Periodic Term SOFR Determination Day”) that is two (2) RFR Business Days prior to the first day of such Interest Period, as such rate is published by the Term SOFR Administrator; provided, however, that if as of 5:00 p.m. (Eastern time) on any Periodic Term SOFR Determination Day the Term SOFR Reference Rate for the applicable tenor has not been published by the Term SOFR Administrator and a Benchmark Replacement Date with respect to the Term SOFR Reference Rate has not occurred, then Term SOFR will be the Term SOFR Reference Rate for such tenor as published by the Term SOFR Administrator on the first preceding RFR Business Day for which such Term SOFR Reference Rate for such tenor was published by the Term SOFR Administrator so long as such first preceding RFR Business Day is not more than three (3) RFR Business Days prior to such Periodic Term SOFR Determination Day; provided, further, that if Term SOFR determined as provided above (including pursuant to the proviso above) shall ever be less than the Floor, then Term SOFR shall be deemed to be the Floor. “Term SOFR Administrator” means CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion). 57 150546217_8170136845_8
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Term RFR Notice means a notification by the Administrative Agent to the Lenders and the Parent Borrower of the occurrence of a Term RFR Transition Event. “Term RFR Transition Date” means, in the case of a Term RFR Transition Event, the date that is thirty (30) calendar days after the Administrative Agent has provided the related Term RFR Notice to the Lenders and the Parent Borrower pursuant to Section 2.13(c)(i)(3). “Term RFR Transition Event” means, with respect to any Currency for any Interest Period, the determination by the Administrative Agent that (a) the applicable Term RFR for such Currency has been recommended for use by the Relevant Governmental Body and (b) the administration of such Term RFR is administratively feasible for the Administrative Agent.
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Term RFR Notice. Term RFR Transition Event" "TONAR"
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Related to Term RFR Notice

  • Extension Notice has the meaning specified in Section 308.

  • ROFO Notice is defined in Section 6.2(a).

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • CAFA Notice means the notice of this Settlement to be served upon State and Federal authorities as required by the Class Action Fairness Act of 2005, 28 U.S.C. § 1715.

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;