Examples of RFR Loan in a sentence

Each Lender at its option may make any Term Benchmark Loan or RFR Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement.
If the Reimbursement Obligation is not paid by the Reimbursement Deadline, such Reimbursement Obligation will, subject to the conditions set forth in Section 4.2 (other than Section 4.2(a)(i)), be deemed to be a Borrowing of a RFR Loan for the amount of the Reimbursement Obligation, which Borrowing of such Revolving Loan is not subject to the requirements in Section 2.2 with respect to the amount of a borrowing.
The Borrower agrees to pay such interest on each Interest Payment Date for such Revolving Loan and at maturity (whether by acceleration or otherwise) or, in the case of any Term Benchmark Loan that is converted to a RFR Loan on a day prior to the end of the then-current Interest Period therefor, on the date of such conversion.

More Definitions of RFR Loan

RFR Loan means a Loan that bears interest at a rate based on Daily Simple RFR.

RFR Loan means a Loan that bears interest at a rate based on Daily Simple RFR or, after the replacement of the then-current Benchmark for any Currency for all purposes hereunder or under any Loan Document with Term RFR pursuant to Section 3.03(d), Term RFR for such Currency, as the context may require.

RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR. “S&P” means Standard & Poor’s Rating Services, a Standard & Poor’s Financial Services LLC business.

RFR Loan means a Daily Simple RFR Loan or a Term RFR Loan, as the context may require. “RFR Rate Day” has the meaning assigned thereto in the definition of “Daily Simple RFR”.