Common use of Benchmark Replacement Conforming Changes Clause in Contracts

Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 3 contracts

Sources: Credit and Guaranty Agreement (Atlantica Sustainable Infrastructure PLC), Credit Agreement (Tennessee Valley Authority), Syndicated Facility Agreement (Civeo Corp)

Benchmark Replacement Conforming Changes. In connection with the implementation of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event)Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan DocumentAgreement.

Appears in 3 contracts

Sources: Credit and Security Agreement (S&W Seed Co), Credit and Security Agreement (Owlet, Inc.), Credit and Security Agreement (Danimer Scientific, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use or administration of Term SOFR, or the use, administration, adoption or implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event)Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 3 contracts

Sources: Credit Agreement (Alliant Energy Corp), Credit Agreement (Alliant Energy Corp), Credit Agreement (Alliant Energy Corp)

Benchmark Replacement Conforming Changes. In connection with the use, implementation or administration of a Benchmark Replacement (includingor, for the avoidance with respect to any Benchmark Replacement of doubt, in connection with the occurrence of a Adjusted Term SOFR Transition Eventat any time), the Administrative Agent (in consultation with the Borrower) will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 3 contracts

Sources: Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund), Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund), Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 3 contracts

Sources: Credit and Guaranty Agreement (Atlantica Sustainable Infrastructure PLC), Syndicated Facility Agreement (Civeo Corp), September Maturity Credit Agreement (Tennessee Valley Authority)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event)Replacement, the Administrative Agent will have the right (in consultation with the Borrower) to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan DocumentDocument (including, without limitation, Section 9.01 hereof), any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 2 contracts

Sources: Asset Based Loan Credit Agreement (Express, Inc.), Asset Based Term Loan Agreement (Express, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event)Replacement, the Series 2023-2 Class A-1 Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time (in consultation with the Issuer) and, notwithstanding anything to the contrary herein or in any other Loan Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Loan Transaction Document.

Appears in 2 contracts

Sources: Class a 1 Note Purchase Agreement (Frontier Communications Parent, Inc.), Note Purchase Agreement (Frontier Communications Parent, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use implementation or administration of a Benchmark Replacement (includingor, for the avoidance with respect to any Benchmark Replacement of doubt, in connection with the occurrence of a Adjusted Term SOFR Transition Eventat any time), the Administrative Agent (in consultation with the Borrower) will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 2 contracts

Sources: Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp), Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)

Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 2 contracts

Sources: Credit Agreement (Matador Resources Co), Credit Agreement (Matador Resources Co)

Benchmark Replacement Conforming Changes. In connection with the implementation and administration of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Credit Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.Agreement;

Appears in 2 contracts

Sources: Credit Agreement (Canadian Pacific Railway LTD/Cn), Second Amending Agreement (Canadian Pacific Railway LTD/Cn)

Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Credit Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Credit Document.

Appears in 2 contracts

Sources: Credit Agreement (Vistra Corp.), Credit Agreement (Vistra Corp.)

Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement (including, for the avoidance of doubt, or in connection with the occurrence use, administration, adoption or implementation of a the Term SOFR Transition Event)Rate and/or Daily Simple SOFR, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 2 contracts

Sources: Credit Agreement (Worthington Industries Inc), Credit Agreement (Worthington Industries Inc)

Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a With respect to Adjusted Term SOFR Transition Event)or any Benchmark Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 2 contracts

Sources: Term Loan Agreement (Cooper Companies, Inc.), Term Loan Agreement (Cooper Companies, Inc.)

Benchmark Replacement Conforming Changes. In connection with the implementation of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event)Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes in respect of this Agreement and any other Credit Document from time to time and, notwithstanding anything to the contrary herein or in any other Loan Credit Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Loan Credit Document.

Appears in 2 contracts

Sources: Credit Agreement (Apollo Debt Solutions BDC), Credit Agreement (Blackstone Private Credit Fund)

Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Tucows Inc /Pa/)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event)Replacement, the Administrative Agent and the Seller, on behalf of the Borrower, will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Facility Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Loan Facility Document.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Compass, Inc.)

Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.. ​

Appears in 1 contract

Sources: Credit Agreement (Evolve Transition Infrastructure LP)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition EventDollar), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Loan DocumentTransaction Document (other than as provided in the definition of Benchmark Replacement Conforming Changes).

Appears in 1 contract

Sources: Loan and Servicing Agreement (FS KKR Capital Corp)

Benchmark Replacement Conforming Changes. In connection with the implementation of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition EventDollar), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Loan Transaction Document.

Appears in 1 contract

Sources: Loan and Servicing Agreement (Apollo Debt Solutions BDC)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of the Term SOFR Rate or a Benchmark Replacement (includingReplacement, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Facility Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan DocumentFacility Agreement.

Appears in 1 contract

Sources: Credit and Security Agreement (Saratoga Investment Corp.)

Benchmark Replacement Conforming Changes. In connection with the implementation anduse or administration of Term SOFR or Daily Compounded SOFR or the use, administration, adoption or implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event)Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 1 contract

Sources: Revolving Credit Agreement (Avangrid, Inc.)

Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Transaction Document.

Appears in 1 contract

Sources: Series 2017 VFN Note Purchase Agreement (United States Cellular Corp)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Transaction Document.

Appears in 1 contract

Sources: Omnibus Amendment to Indenture and Note Purchase Agreement (United States Cellular Corp)

Benchmark Replacement Conforming Changes. In connection with the use implementation or administration of a Benchmark Replacement (includingor, for the avoidance with respect to any Benchmark Replacement of doubt, in connection with the occurrence of a Adjusted Term SOFR Transition Eventat any time), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)

Benchmark Replacement Conforming Changes. In connection with the implementation of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event)Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 1 contract

Sources: Credit Agreement (Turning Point Brands, Inc.)

Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Collateral Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Collateral Document.

Appears in 1 contract

Sources: Sixth Amendment Agreement (Mogo Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 1 contract

Sources: Credit Agreement (Evolve Transition Infrastructure LP)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition EventDollar), the Administrative Agent will have the right right, in consultation with the Borrower, to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Loan Transaction Document.

Appears in 1 contract

Sources: Loan and Servicing Agreement (Antares Private Credit Fund)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement (including, for or the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition EventReference Rate), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Transaction Document.

Appears in 1 contract

Sources: Eighth Amended and Restated Credit and Security Agreement (WestRock Co)

Benchmark Replacement Conforming Changes. In connection with the implementation ofor administration of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition EventDollar), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Loan Transaction Document.

Appears in 1 contract

Sources: Loan and Servicing Agreement (HPS Corporate Lending Fund)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event)Replacement, the Series 2025-1 Class A-1-V Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Loan Transaction Document.

Appears in 1 contract

Sources: Class a 1 v Note Purchase Agreement (Shenandoah Telecommunications Co/Va/)

Benchmark Replacement Conforming Changes. In connection with the implementation and administration of a Benchmark Replacement (includingor, for the avoidance of doubtwith respect to Daily Simple RFR, in connection with the occurrence of a Term SOFR Transition Eventor Daily Simple SOFR, at any time), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR Transition Event)Replacement, the Administrative Agent and the Seller, on behalf of the Borrower, will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Facility Document, any amendments implementing such US_303658666v4 Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Loan Facility Document.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Compass, Inc.)