RFR Loans Sample Clauses

RFR Loans. The Loans constituting each RFR Borrowing shall bear interest at a rate per annum equal to the Daily Simple RFR plus the Applicable Margin.
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RFR Loans. The Loans constituting each RFR Borrowing shall bear interest at a rate per annum equal to the Daily Simple RFR plus the Applicable Margin plus an adjustment (which may be positive or negative value or zero) that has been selected by the Administrative Agent and the Borrower giving due consideration to any evolving or then- prevailing market convention, including any applicable recommendations made by the Relevant Governmental Body, for syndicated credit facilities denominated in Pounds Sterling at such time. Notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such adjustment will become effective without any further action or consent of any party to this Agreement or any other Loan Document other than the Administrative Agent, in consultation with the Borrower.the XXXXX Adjustment.
RFR Loans. Each RFR Loan shall bear interest (computed on the basis of a 360-days, as the case may be, and actual days elapsed including the first day but excluding the date of repayment) on the unpaid principal amount thereof from the date such Loan is made until maturity (whether by acceleration or otherwise) or conversion to a Term Benchmark Loan or a Base Rate Loan pursuant to Section 9.1 or 9.2 hereof, at a rate per annum equal to the lesser of (i) the Highest Lawful Rate and (ii) the Adjusted Daily Simple SOFR from time to time in effect plus the Applicable Margin. The Borrower agrees to pay such interest on each Interest Payment Date for such Loan and at maturity (whether by acceleration or otherwise).
RFR Loans. Each RFR Loan shall bear interest at the Adjusted Daily Simple SOFR plus the Applicable Rate.
RFR Loans. Each RFR Loan denominated in an Alternative Currency made or maintained by a Lender shall bear interest (computed on the basis of a year of 360 days and the actual number of days elapsed) on the unpaid principal amount thereof from the date such Loan is advanced or continued, as applicable, until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Applicable Margin plus the applicable Daily Simple RFR plus the applicable RFR Adjustment, payable on each Interest Payment Date and at maturity (whether by acceleration or otherwise). For the avoidance of doubt, RFR Loans may only be borrowed in Sterling.
RFR Loans. Each Borrower agrees to pay interest in respect of the unpaid principal amount of such Borrower’s RFR Loans from the date the proceeds thereof are made available to such Borrower until the earlier of the maturity (whether by acceleration or otherwise) of such RFR Loan, at a rate per annum equal to the relevant Daily Simple XXXXX plus the Applicable RFR Margin.
RFR Loans. During such period as such Term Loans are RFR Loans, a rate per annum equal at all times to the sum of (x) the Adjusted Daily Simple SOFR Rate plus (y) the Applicable Margin in respect of RFR Loans in effect from time to time payable in arrears on the applicable Interest Payment Date and on the date such RFR Loans shall be Converted or paid in full.
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Related to RFR Loans

  • Loans The Sponsor has agreed to make loans to the Company in the aggregate amount of up to $300,000 (the “Insider Loans”) pursuant to a promissory note substantially in the form annexed as an exhibit to the Registration Statement. The Insider Loans do not bear any interest and are repayable by the Company on the earlier of December 31, 2021 or the consummation of the Offering.

  • Revolving Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of all Revolving Loans outstanding on such date.

  • Term SOFR Loans Except as otherwise provided herein, a Term SOFR Loan may be continued or converted only on the last day of an Interest Period for such Term SOFR Loan. During the existence of a Default, no Loans may be requested as, converted to or continued as Term SOFR Loans without the consent of the Required Lenders, and the Required Lenders may demand that any or all of the outstanding Term SOFR Loans be converted immediately to Base Rate Loans.

  • Term Advances The Borrower shall pay to the Administrative Agent for the ratable benefit of each Term Lender the aggregate outstanding principal amount of the Term Advances in quarterly installments each equal to $412,500 (which is equal to five percent (5%) of $8,250,000). Such quarterly installments shall be due and payable on each March 31st, June 30th, September 30th, and December 31st, commencing with December 31, 2012, and a final installment of the remaining, unpaid principal balance of the Term Advances payable on the Term Maturity Date.

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