Common use of Adjusted Term SOFR Conforming Changes Clause in Contracts

Adjusted Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Term SOFR Conforming Changes from time to time and, notwithstanding anything to the contrary herein, any amendments implementing such Term SOFR Conforming Changes will become effective without any further action or consent of the Borrowers or any other party hereto. The Administrative Agent will promptly notify the Borrower Representative of the effectiveness of any Term SOFR Conforming Changes.

Appears in 4 contracts

Samples: Credit Agreement (Lazydays Holdings, Inc.), Credit Agreement (Lazydays Holdings, Inc.), Credit Agreement (Lazydays Holdings, Inc.)

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Adjusted Term SOFR Conforming Changes. In connection with the use or administration of Adjusted Term SOFR, the Administrative Agent will have the right to make Term SOFR Conforming Changes from time to time and, notwithstanding anything to the contrary hereinherein or in any other Loan Document, any amendments implementing such Term SOFR Conforming Changes will become effective without any further action or consent of the Borrowers any other party to this Agreement or any other party heretoLoan Document. The Administrative Agent will promptly notify the Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Adjusted Term SOFR Conforming ChangesSOFR.

Appears in 4 contracts

Samples: Credit Agreement (Roku, Inc), Credit Agreement (ExlService Holdings, Inc.), Credit Agreement (Medifast Inc)

Adjusted Term SOFR Conforming Changes. In connection with the use or administration of Adjusted Term SOFR, the Administrative Agent will have the right to make Term SOFR Conforming Changes from time to time and, notwithstanding anything to the contrary hereinherein or in any other Related Document, any amendments implementing such Term SOFR Conforming Changes will become effective without any further action or consent of the Borrowers any other party to this Agreement or any other party heretoRelated Document. The Administrative Agent will promptly notify the Borrower Representative Master Issuer and the Lender Parties of the effectiveness of any Conforming Changes in connection with the use or administration of Adjusted Term SOFR Conforming ChangesSOFR.

Appears in 1 contract

Samples: Note Purchase Agreement (Planet Fitness, Inc.)

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Adjusted Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Term SOFR Conforming Changes from time to time and, notwithstanding anything to the contrary herein, any amendments implementing such Term SOFR Conforming Changes will become effective without any further action or consent of the Borrowers Borrower or any other party hereto. The Administrative Agent will promptly notify the Borrower Representative of the effectiveness of any Term SOFR Conforming Changes.

Appears in 1 contract

Samples: Credit Agreement (Lazydays Holdings, Inc.)

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