Common use of Benchmark Conforming Changes Clause in Contracts

Benchmark Conforming Changes. In connection with the implementation of the SOFR Rate or a Benchmark Replacement, the Lender will have the right to make Benchmark Conforming Changes with respect to the SOFR Rate or such Benchmark Replacement from time to time and, notwithstanding anything to the contrary herein or in any other Credit Document, any amendments implementing such Benchmark Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Credit Document.

Benchmark Conforming Changes. In connection with the implementation of the SOFR S OFR Rate or a Benchmark Replacement, the Lender will have the right to make Benchmark Conforming Changes with respect to the SOFR Rate or such Benchmark Replacement from time to time and, notwithstanding anything to the contrary herein or in any other Credit Document, any amendments implementing such Benchmark Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Credit Document.