Common use of Benchmark Replacement Notification Clause in Contracts

Benchmark Replacement Notification. Section 2.05 of this Agreement provides a mechanism for determining an alternative rate of interest in the event that the Term SOFR Rate is no longer available or in certain other circumstances. The Administrative Agent does not warrant or accept any responsibility for and shall not have any liability with respect to, the administration, submission or any other matter related to the Term SOFR Rate, or with respect to any alternative or successor rate thereto, or replacement rate therefor.

Benchmark Replacement Notification. Section 2.05 2.09(g) of this Agreement provides a mechanism for determining an alternative rate of interest in the event that the Term SOFR Rate is no longer available or in certain other circumstances. The Administrative Agent does not warrant or accept any responsibility for and shall not have any liability with respect to, the administration, submission or any other matter related to the Term SOFR Rate, Rate or with respect to any alternative or successor rate thereto, or replacement rate therefor.

Benchmark Replacement Notification. Section 2.05 2.10(c) of this Agreement provides a mechanism for determining an alternative rate of interest in the event that the Term Daily Simple SOFR Rate is no longer available or in certain other circumstances. The Administrative Agent does not warrant or accept any responsibility for and shall not have any liability with respect to, the administration, submission or any other matter related to the Term Daily Simple SOFR Rate, or with respect to any alternative or successor rate thereto, or replacement rate therefor.

Benchmark Replacement Notification. Section 2.05 2.16(b) of this Agreement provides a mechanism for determining an alternative alternate rate of interest in the event that the Term SOFR Rate is no longer available or in certain other circumstances. The Administrative Agent does not warrant or accept any responsibility for and shall not have any liability with respect to, the administration, submission or any other matter related to the Term SOFR Rate, Rate or with respect to any alternative or successor rate thereto, or replacement rate therefor.

Benchmark Replacement Notification. Section 2.05 4.4(d) of this Agreement provides a mechanism for determining an alternative rate of interest in the event that the Term SOFR Rate is no longer available or in certain other circumstances. The Administrative Agent does not warrant or accept any responsibility for and shall not have any liability with respect to, the administration, submission or any other matter related to the Term SOFR Rate, Rate or with respect to any alternative or successor rate thereto, or replacement rate therefor.

Benchmark Replacement Notification. Section 2.05 of this Agreement 14.1 hereof provides a mechanism for determining an alternative alternate rate of interest in the event that the Term SOFR Rate is no longer available or in certain other circumstances. The Administrative Agent does not warrant or accept any responsibility for and shall not have any liability with respect to, the administration, submission or any other matter related to the Term SOFR Rate, Rate or with respect to any alternative or successor rate thereto, or replacement rate therefor.

Benchmark Replacement Notification. Section 2.05 2.14(d) of this Agreement provides a mechanism for determining an alternative rate of interest in the event that the Term SOFR Rate is no longer available or in certain other circumstances. The Administrative Agent does not warrant or accept any responsibility for and shall not have any liability with respect to, the administration, submission or any other matter related to the Term SOFR Rate, or with respect to any alternative or successor rate thereto, or replacement rate therefor.,