Common use of Conforming Changes Clause in Contracts

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 16 contracts

Samples: Credit Agreement (U S Physical Therapy Inc /Nv), Libor Transition Amendment (Blackbaud Inc), Credit Agreement (Ligand Pharmaceuticals Inc)

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Conforming Changes. With respect to SOFR In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower and the Lenders reasonably promptly after such amendment becomes effectiveof the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.

Appears in 7 contracts

Samples: Secured Revolving Credit Agreement (Sixth Street Specialty Lending, Inc.), Senior Secured Revolving Credit Agreement (North Haven Private Income Fund a LLC), Credit Agreement (Tuesday Morning Corp/De)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement Amendment or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 3 contracts

Samples: Libor Transition Amendment (Revolve Group, Inc.), Libor Transition Amendment (Kirkland's, Inc), Credit Agreement (Lamb Weston Holdings, Inc.)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent Agent, in consultation with the Borrower, will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 2 contracts

Samples: Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp)

Conforming Changes. With respect to SOFR In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such will promptly notify the Borrower Representative and Lenders of the effectiveness of any Conforming Changes to in connection with the Borrower and the Lenders reasonably promptly after such amendment becomes effective.use or administration of Term SOFR. (b) Effect of Benchmark Transition Event. (i)

Appears in 2 contracts

Samples: Credit Agreement (Designer Brands Inc.), Credit Agreement (Designer Brands Inc.)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time in consultation with the Borrower and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 2 contracts

Samples: Credit Agreement (First Watch Restaurant Group, Inc.), Credit Agreement (First Watch Restaurant Group, Inc.)

Conforming Changes. With respect to In connection with the use or administration of SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower and the Lenders reasonably promptly after such amendment becomes effectiveof the effectiveness of any Conforming Changes in connection with the use or administration of SOFR or Term SOFR, as applicable.

Appears in 1 contract

Samples: Credit Agreement (Tremor International Ltd.)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the CHAR1\1994581v1 Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Teledyne Technologies Inc)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right right, in consultation with the Borrower Representative, to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Credit Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Credit Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower Borrowers and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Urban One, Inc.)

Conforming Changes. With respect to SOFR or SOFR, Term SOFR, or the SOFR Daily Floating Rate, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.. (iii)

Appears in 1 contract

Samples: Libor Transition Amendment (Tanger Properties LTD Partnership /Nc/)

Conforming Changes. With respect to SOFR In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower and the Lenders reasonably promptly after such amendment becomes effective.of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR. 107

Appears in 1 contract

Samples: Credit Agreement (Tuesday Morning Corp/De)

Conforming Changes. With respect to SOFR In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments amendments, implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower and the Lenders reasonably promptly after such amendment becomes effectiveof the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.

Appears in 1 contract

Samples: Credit Agreement (Good Times Restaurants Inc.)

Conforming Changes. With respect to SOFR or SOFR, Term SOFR, or any Relevant Rate, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower Borrowers and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Benchmark Electronics Inc)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Credit Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Credit Agreement or any other Loan Credit Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower Company and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Nucor Corp)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower Borrowers and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Global Partners Lp)

Conforming Changes. With respect to Term SOFR or Term and Daily Simple SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Camden Property Trust)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Comscore, Inc.)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right right, in consultation with the Company, to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower Company and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (1847 Goedeker Inc.)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the CHAR1\0000000x0 Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower Company and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Teledyne Technologies Inc)

Conforming Changes. With respect to SOFR or and Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided provided, that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Radiant Logistics, Inc)

Conforming Changes. With respect to SOFR or Term SOFRthe SOFR Daily Floating Rate, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.. (iii)

Appears in 1 contract

Samples: Libor Transition Amendment (Tanger Properties LTD Partnership /Nc/)

Conforming Changes. With respect to SOFR In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower and the Lenders reasonably promptly after such amendment becomes effective.of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR. 742026061 21680120750959138 21680120

Appears in 1 contract

Samples: Revolving Credit Agreement (Morgan Stanley Direct Lending Fund)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein herein, in the Credit Agreement or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement, the Credit Agreement or any other Loan Document; provided that, with 163368135_4 respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after upon such amendment becomes becoming effective.

Appears in 1 contract

Samples: Credit Agreement (Borgwarner Inc)

Conforming Changes. With respect to In connection with the use or administration of SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Margin Loan DocumentDocumentation, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Margin Loan Document; provided that, with respect to any such amendment effected, the Documentation. The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower Borrowers and the Lenders reasonably promptly after such amendment becomes effectiveof the effectiveness of any Conforming Changes in connection with the use or administration of SOFR or Term SOFR, as applicable.

Appears in 1 contract

Samples: Margin Loan Agreement (Cannae Holdings, Inc.)

Conforming Changes. With respect to SOFR In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower and the Lenders reasonably promptly after such amendment becomes effective.of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR. 71 Revolving Credit Agreement

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Sixth Street Lending Partners)

Conforming Changes. With respect to SOFR In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Parent Borrower and the Lenders reasonably promptly after such amendment becomes effectiveof the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.

Appears in 1 contract

Samples: Credit Agreement (PGT Innovations, Inc.)

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Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein herein, in the Credit Agreement or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement, the Credit Agreement or any other Loan Document; provided that, that with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Libor Transition Amendment (Invesco Real Estate Income Trust Inc.)

Conforming Changes. With respect to In connection with the use or administration of Term SOFR or Term Daily Simple SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower and the Lenders reasonably promptly after such amendment becomes effectiveof the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR or Daily Simple SOFR.

Appears in 1 contract

Samples: Credit Agreement (Beneficient)

Conforming Changes. With respect to SOFR, Daily SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the First Incremental Term Loan Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: First Incremental Term Loan Agreement (Blackbaud Inc)

Conforming Changes. With respect to any of SOFR, Daily Simple SOFR, Term SOFR or Term SOFRany Successor Rate, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Credit Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Credit Agreement or any other Loan Credit Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower Borrowers and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Brandywine Operating Partnership, L.P.)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement Amendment or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.. CHAR1\1975009v1

Appears in 1 contract

Samples: Libor Transition Amendment (TrueBlue, Inc.)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes in consultation with the Company from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower Company and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Harsco Corp)

Conforming Changes. With respect to SOFR, Term SOFR or Term Daily Simple SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement Amendment or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower PRA and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Libor Transition Amendment (Pra Group Inc)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right right, in consultation with the Borrower, to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Libor Transition Amendment (Caci International Inc /De/)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the CHAR1\1994593v1 Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower Company and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Teledyne Technologies Inc)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right r ight to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Definitive Healthcare Corp.)

Conforming Changes. With respect to SOFR In connection with the use or Term administration of Daily Simple SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower and the Lenders reasonably promptly after such amendment becomes effectiveof the effectiveness of any Conforming Changes in connection with the use or administration of Daily Simple SOFR.

Appears in 1 contract

Samples: Credit Agreement (Core Molding Technologies Inc)

Conforming Changes. With respect to SOFR or In connection with the use of administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower and the Lenders reasonably promptly after such amendment becomes effectiveof the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Sixth Street Specialty Lending, Inc.)

Conforming Changes. With respect to SOFR In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such will promptly notify the Borrower Representative and Lenders of the effectiveness of any Conforming Changes to in connection with the Borrower and the Lenders reasonably promptly after such amendment becomes effectiveuse or administration of Term SOFR. (b) Effect of Benchmark Transition Event.

Appears in 1 contract

Samples: Credit Agreement (Designer Brands Inc.)

Conforming Changes. With respect to SOFR or Term SOFR, SOFR the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower Borrowers and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Libor Transition Amendment (Abm Industries Inc /De/)

Conforming Changes. With respect to SOFR In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any such amendment effected, the . The Administrative Agent shall post each such amendment implementing such Conforming Changes to will promptly notify the Borrower and the Lenders reasonably promptly after such amendment becomes effectiveprior to the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.

Appears in 1 contract

Samples: Financing Agreement (Orthofix Medical Inc.)

Conforming Changes. With respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan DocumentDocument (each determination by the Administrative Agent of a Conforming Change hereunder shall be conclusive and binding for all purposes, absent manifest error); provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Entergy New Orleans, LLC

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