Alternate Rate of Interest; Benchmark Replacement Setting. (a) If prior to the commencement of any Interest Period for a Eurodollar Borrowing:
Alternate Rate of Interest; Benchmark Replacement Setting. (1) Subject to paragraphs (2) through (6) of this Section 2.14, if prior to the commencement of any Interest Period for a SOFR Revolving Facility Borrowing:
Alternate Rate of Interest; Benchmark Replacement Setting. (a) If at least two Business Days prior to the commencement of any Interest Period for a SOFR Borrowing: (i) the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining Term SOFR for such Interest Period; or (ii) the Administrative Agent is advised by the Required Lenders that Adjusted Term SOFR for such Interest Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Loans included in such Borrowing for such Interest Period (in each case with respect to the Loans impacted by this clause (ii) or clause (i) above, “Impacted Loans”),
Alternate Rate of Interest; Benchmark Replacement Setting. (1) Subject to paragraphs (2) through (6) of this Section 2.14, if prior to the commencement of any Interest Period for a SOFR Revolving Facility Borrowing: (a) the Administrative Agent determines (which determination will be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining Adjusted Term SOFR or SOFR, as applicable, for such Interest Period; or (b) the Administrative Agent is advised by the Required Revolving Lenders and the Required Term Lenders that Adjusted Term SOFR or SOFR, as applicable, for such Interest Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Loans included in such Borrowing for such Interest Period; then the Administrative Agent will give notice thereof to the Borrower and the Lenders by telephone, facsimile transmission or e-mail as promptly as practicable thereafter and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) any Interest Election Request that requests the conversion of any applicable Borrowing to, or continuation of any such Borrowing as, a SOFR Revolving Facility Borrowing will be ineffective and such Borrowing will be converted to or continued as on the last day of the Interest Period applicable thereto an ABR Borrowing, and (ii) if any Borrowing Request requests a SOFR Revolving Facility Borrowing, such Borrowing will be made as an ABR Borrowing. (2)
Alternate Rate of Interest; Benchmark Replacement Setting. (a) If prior to the commencement of any Interest Period for a LIBO Rate Borrowing: .
Alternate Rate of Interest; Benchmark Replacement Setting
