Initial Benchmark Conforming Changes Sample Clauses

Initial Benchmark Conforming Changes. In connection with the use or administration of any Benchmark, 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. The Administrative Agent will promptly notify the Borrower and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of any Benchmark.

Initial Benchmark Conforming Changes. In connection with the use or administration of any Benchmark, the Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Operative Agreement, any amendments implementing such Conforming Changes will become effective without any further action or consent of Lessee or any other party to this Agreement or any other Operative Agreement. The Agent will notify Lessee of the effectiveness of any Conforming Changes in connection with the use or administration of any Benchmark. 5A.13

Initial Benchmark Conforming Changes. In connection with the use or administration of any Benchmark, the Lender 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. The Lender will promptly notify the Borrower of the effectiveness of any Conforming Changes in connection with the use or administration of any Benchmark.

Initial Benchmark Conforming Changes. 58 Article III. Payments, Fees and Other General Provisions............................................... 6458 Section 3.1. Payments..................................................................................... 6458 Section 3.2. Pro Rata Treatment...................................................................... 6559 Section 3.3. Sharing of Payments, Etc.............................................................. 6560 Section 3.4. Several Obligations...................................................................... 6660 Section 3.5. Fees............................................................................................ 6661 Section 3.6. Computations............................................................................... 6762 Section 3.7. Usury.......................................................................................... 6762 Section 3.8. Statements of Account.................................................................. 6862 Section 3.9. Defaulting Lenders....................................................................... 6862 Section 3.10. Taxes......................................................................................... 7266 Article IV. Yield Protection, Etc................................................................................... 7569 Section 4.1. Additional Costs; Capital Adequacy.............................................. 7569 Section 4.2. Suspension of LIBOR Loans and LIBOR Margin LoansChanged Circumstances............................................................................................................ 7771 Section 4.3. Illegality...................................................................................... 8074 Section 4.4. Compensation.............................................................................. 8074 Section 4.5. Treatment of Affected Loans......................................................... 8174 LEGAL02/40926073v6 LEGAL02/42380196v10 Section 4.6. Affected Lenders.......................................................................... 8275 Section 4.7. Change of Lending Office............................................................. 8276 Section 4.8. Assumptions Concerning Funding of LIBOR Loans....................... 82 Article V. Conditions Precedent................................................................................... 8376 Section 5.1. Initial Conditions Precedent..................................................

Initial Benchmark Conforming Changes. In connection with the use or administration of Term SOFR, Daily Simple SOFR or any Alternative Currency Term Rate, Agent shall 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. Agent will promptly notify Borrower and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR, Daily Simple SOFR or any Alternative Currency Term Rate, as applicable.

Initial Benchmark Conforming Changes. In connection with the use or administration of any Benchmark, 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. The Administrative Agent will promptly notify the Borrower and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of any Benchmark. ​ CREDIT AGREEMENT (CONFIRMED THROUGH TENTH AMENDMENT) – PAGE 50

Initial Benchmark Conforming Changes. In connection with the use or administration of any Benchmark, 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. Buyer will notify Seller of the effectiveness of any Conforming Changes in connection with the use or administration of any Benchmark. In exercising its rights and remedies under this Section 12.01, Buyer shall treat Seller in a manner that is substantially similar to the manner it treats other similarly situated sellers in facilities with substantially similar assets.