Common use of Existing LIBOR Loans Clause in Contracts

Existing LIBOR Loans. Notwithstanding anything herein or in Exhibit A hereto to the contrary, (a) each Existing LIBOR Loan (as defined below) shall continue in effect as a LIBOR Loan (as defined in the Existing Credit Agreement) in accordance with its terms until, and only until, the Interest Period in effect as of the effective date of the Part A Amendments for such Existing LIBOR Loan has ended, and (b) the Existing LIBOR-Related Definitions (as defined below) and provisions in the Existing Credit Agreement with respect thereto shall continue in effect solely for such purpose with respect to any Existing LIBOR Loan; provided that at the end of such Interest Period for any Existing LIBOR Loan, such Existing LIBOR Loan shall automatically be converted into a SOFR Loan with an initial Interest Period of one (1) month. As used in this Section:

Existing LIBOR Loans. Notwithstanding anything herein or The modifications to the Existing Agreement set forth in Exhibit A hereto shall not apply with respect to any Loan (if any) requested, made or outstanding that bears interest with reference to a USD LIBOR rate that would have, but for the provisions hereof, referenced the publication of USD LIBOR prior to the contraryAmendment No. 1 Effective Date (an “Existing Libor Loan”) and, (a) in each Existing LIBOR Loan (as defined below) shall continue in effect as a LIBOR Loan (as defined in the Existing Credit Agreement) in accordance with its terms until, and only untilcase, the Interest Period in effect as of the effective date of the Part A Amendments for such Existing LIBOR Loan has ended, and (b) the Existing USD LIBOR-Related Definitions (as defined below) related definitions and provisions in the Existing Credit Agreement with respect thereto (as in effect immediately prior to giving effect to the provisions of this Amendment) shall continue in effect solely for such purpose purpose; provided that, with respect to any such Existing LIBOR Loan; provided that at the end of such Interest Period for any Existing LIBOR Libor Loan, such Existing LIBOR Libor Loan shall automatically be converted into a SOFR Loan only continue in effect in accordance with an initial its terms until the then-current Interest Period of one (1) month. As used in this Section:for such Existing Libor Loan has concluded.