Common use of Benchmark Replacement Conforming Changes Clause in Contracts

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Repurchase Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Document.

Appears in 13 contracts

Sources: Master Repurchase and Securities Contract (Franklin BSP Real Estate Debt, Inc.), Master Repurchase Agreement (Blackstone Private Real Estate Credit & Income Fund), Master Repurchase and Securities Contract (Cim Real Estate Finance Trust, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark ReplacementReplacement or any Rate Conversion, Buyer 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 Repurchase Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Document.

Appears in 12 contracts

Sources: Master Repurchase and Securities Contract (Claros Mortgage Trust, Inc.), Master Repurchase and Securities Contract (FS Credit Real Estate Income Trust, Inc.), Master Repurchase and Securities Contract (Blackstone Mortgage Trust, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer 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 Repurchase Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Document.

Appears in 9 contracts

Sources: Master Repurchase and Securities Contract (KKR Real Estate Finance Trust Inc.), Master Repurchase and Securities Contract (Claros Mortgage Trust, Inc.), Master Repurchase Agreement and Securities Contract (Granite Point Mortgage Trust Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer 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 Repurchase Facility Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentSeller.

Appears in 9 contracts

Sources: Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will shall have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein in this Agreement or in any other Repurchase DocumentTransaction Documents, any amendments implementing such Benchmark Replacement Conforming Changes will shall become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentSeller.

Appears in 5 contracts

Sources: Master Repurchase and Securities Contract Agreement (Claros Mortgage Trust, Inc.), Master Repurchase and Securities Contract Agreement (TPG RE Finance Trust, Inc.), Uncommitted Master Repurchase and Securities Contract Agreement (FS Credit Real Estate Income Trust, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer 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 Repurchase Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Document.

Appears in 3 contracts

Sources: Master Repurchase and Securities Contract (Seven Hills Realty Trust), Master Repurchase and Securities Contract (Seven Hills Realty Trust), Master Repurchase and Securities Contract (Seven Hills Realty Trust)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will have the right to make Benchmark Replacement Conforming Changes from time to time upon prior written notice to Seller and, notwithstanding anything to the contrary herein or in any other Repurchase Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentSeller.

Appears in 3 contracts

Sources: Master Repurchase Agreement and Securities Contract (Home Point Capital Inc.), Master Repurchase Agreement and Securities Contract (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, the Buyer 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 Repurchase DocumentPrincipal Agreement, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentSeller.

Appears in 3 contracts

Sources: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Repurchase Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of Seller or any other party to to, this Agreement or any other Repurchase Document.

Appears in 2 contracts

Sources: Master Repurchase and Securities Contract (FS Credit Real Estate Income Trust, Inc.), Master Repurchase and Securities Contract (Blackstone Mortgage Trust, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption implementation and administration of Term SOFR or implementation of a Benchmark Replacement, Buyer 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 Repurchase DocumentProgram Agreement, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentProgram Agreement.

Appears in 2 contracts

Sources: Master Repurchase Agreement (Rithm Perpetual Life Residential Trust), Master Repurchase Agreement and Securities Contract (Korth Direct Mortgage Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer 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 Repurchase Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentSeller.

Appears in 2 contracts

Sources: Master Repurchase Agreement and Securities Contract (UWM Holdings Corp), Master Repurchase Agreement and Securities Contract (UWM Holdings Corp)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will Purchaser shall have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein in this Agreement or in any other Repurchase DocumentTransaction Documents, any amendments implementing such Benchmark Replacement Conforming Changes will shall become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentSeller.

Appears in 2 contracts

Sources: Master Repurchase Agreement (Principal Credit Real Estate Income Trust), Master Repurchase Agreement (Colony Credit Real Estate, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer 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 Transaction Agreement (including any Master Repurchase DocumentAgreement), any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentAgreement.

Appears in 1 contract

Sources: Master Framework Agreement (Hill-Rom Holdings, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer 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 Repurchase Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentSellers.

Appears in 1 contract

Sources: Master Repurchase Agreement (KKR Real Estate Finance Trust Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Repurchase Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Document.. 165607677_2

Appears in 1 contract

Sources: Master Repurchase and Securities Contract (BrightSpire Capital, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will shall have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein in this Agreement or in any other Repurchase DocumentTransaction Documents, any amendments implementing such Benchmark Replacement Conforming Changes will shall become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentSellers.

Appears in 1 contract

Sources: Master Repurchase Agreement (KKR Real Estate Finance Trust Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will have the right to make Benchmark Replacement Conforming Changes from time to time time, in consultation with the Seller, and, notwithstanding anything to the contrary herein or in any other Repurchase Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or with the consent of the Seller or any other party (such consent not to this Agreement or any other Repurchase Documentbe unreasonably withheld).

Appears in 1 contract

Sources: Master Repurchase Agreement (Vistra Corp.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer 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 Repurchase Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller Sellers or any other party to this Agreement or any other Repurchase Document.

Appears in 1 contract

Sources: Master Repurchase and Securities Contract (Ares Commercial Real Estate Corp)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, the Buyer will have the right to may make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Repurchase Transaction Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Transaction Document.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Cincinnati Bell Inc)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Repurchase Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Document.

Appears in 1 contract

Sources: Master Repurchase Agreement (Rithm Perpetual Life Residential Trust)

Benchmark Replacement Conforming Changes. In connection with the useadoption, administrationimplementation, adoption or implementation use and administration of a Benchmark Replacementany Benchmark, Buyer the Purchaser will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Repurchase Financing Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of Seller the County or any other party hereto or to this Agreement or any other Repurchase Financing Document. The Purchaser will promptly notify the County of the effectiveness of any Conforming Changes in connection with the use or administration of any Benchmark.

Appears in 1 contract

Sources: Seventh Supplemental Trust Agreement

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will shall have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein in this Agreement or in any other Repurchase DocumentTransaction Documents, any amendments implementing such Benchmark Replacement Conforming Changes will shall become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Documentthe applicable Seller.

Appears in 1 contract

Sources: Master Repurchase Agreement (Fortress Credit Realty Income Trust)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark ReplacementReplacement or any Rate Conversion, Buyer 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 Repurchase Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller Sellers or any other party to this Agreement or any other Repurchase Document.

Appears in 1 contract

Sources: Master Repurchase and Securities Contract (Ares Commercial Real Estate Corp)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will have the right to Purchaser may, in consultation with the Sellers, make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Repurchase Purchase Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Purchase Document.

Appears in 1 contract

Sources: Uncommitted Receivables Purchase Agreement (FirstService Corp)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark ReplacementReplacement or any Rate Conversion, Buyer 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 Repurchase Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Document.

Appears in 1 contract

Sources: Master Repurchase and Securities Contract (Claros Mortgage Trust, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer the Purchaser will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Repurchase Transaction Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement Addendum or any other Repurchase Transaction Document.

Appears in 1 contract

Sources: Prepayment Addendum (GeoPark LTD)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer 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 Repurchase Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller Seller, Guarantor, or any other party hereto or to this Agreement or any other Repurchase Document.

Appears in 1 contract

Sources: Master Repurchase Agreement (Radian Group Inc)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement, Buyer will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Repurchase Transaction Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase Transaction Document.

Appears in 1 contract

Sources: Master Repurchase and Securities Contract Agreement (FS Credit Real Estate Income Trust, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation and administration of a Benchmark Replacement, Buyer 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 Repurchase DocumentProgram Agreement, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of Seller or any other party to this Agreement or any other Repurchase DocumentProgram Agreement.

Appears in 1 contract

Sources: Master Repurchase Agreement (Sachem Capital Corp.)