I use VRF for out of band management over a dedicated interface with DHCP client. SSH server and NTP client run on that dedicated interface, not on the public Internet.
IP address is from DHCP so can't be specified in NTP listen-address, so NTP tries to bind to all interfaces as usual.
This includes the mgmt VRF so it works (time is synchronised correctly), but repeatedly trying to bind other interfaces (default VRF) fails and spams the logs (especially on a router with many interfaces, 3 lines for each interface every minute or so).
With "set system ntp vrf mgmt" NTP should only bind to the VRF mgmt interface, and skip trying all interfaces.
Jun 2 14:23:56 router ntpd[2952]: bind(35) AF_INET 192.0.2.1#123 flags 0x19 failed: Cannot assign requested address
Jun 2 14:23:56 router ntpd[2952]: unable to create socket on eth3.3017 (6939) for 192.0.2.1#123
Jun 2 14:23:56 router ntpd[2952]: failed to init interface for address 192.0.2.1
Jun 2 14:23:56 router ntpd[2952]: bind(35) AF_INET6 2001:db8::1#123 flags 0x1 failed: Cannot assign requested address
Jun 2 14:23:56 router ntpd[2952]: unable to create socket on lo (6940) for 2001:db8::1#123
Jun 2 14:23:56 router ntpd[2952]: failed to init interface for address 2001:db8::1