Common use of Benchmark Replacement Conforming Changes Clause in Contracts

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 3 contracts

Samples: Class a 1 Note Purchase Agreement (Wingstop Inc.), Loan and Servicing Agreement (Overland Advantage), Loan and Servicing Agreement (Oaktree Strategic Credit Fund)

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Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation or administration of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR or a Benchmark ReplacementTransition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Atlantica Sustainable Infrastructure PLC), Syndicated Facility Agreement (Civeo Corp), September Maturity Credit Agreement (Tennessee Valley Authority)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark ReplacementReplacement (Dollar), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 3 contracts

Samples: Loan and Servicing Agreement (HPS Corporate Lending Fund), Loan and Servicing Agreement (Diameter Credit Co), Loan and Servicing Agreement (Diameter Credit Co)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation or administration of Term SOFR or a Benchmark Replacement, the Series 2023-2 Class A-1 Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time (in consultation with the Issuer) and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 2 contracts

Samples: Class a 1 Note Purchase Agreement (Frontier Communications Parent, Inc.), Note Purchase Agreement (Frontier Communications Parent, Inc.)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR or a Benchmark ReplacementTransition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (Matador Resources Co), Credit Agreement (Matador Resources Co)

Benchmark Replacement Conforming Changes. In connection with the implementation or and administration of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR or a Benchmark ReplacementTransition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Credit Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.Agreement;

Appears in 2 contracts

Samples: Second Amending Agreement (Canadian Pacific Railway LTD/Cn), Credit Agreement (Canadian Pacific Railway LTD/Cn)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement (or administration of the Term SOFR or a Benchmark ReplacementReference Rate), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Credit Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Credit Document.

Appears in 2 contracts

Samples: Credit Agreement (Smurfit WestRock PLC), Credit Agreement (WestRock Co)

Benchmark Replacement Conforming Changes. In connection with the use, implementation or administration of a Benchmark Replacement (or, with respect to any Benchmark Replacement of Adjusted Term SOFR or a Benchmark Replacementat any time), the Administrative Agent (in consultation with the Borrower) will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund), Senior Secured Revolving Credit Agreement (Oaktree Strategic Credit Fund)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes in respect of this Agreement and any other Credit Document from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Credit Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Credit Document.

Appears in 2 contracts

Samples: Credit Agreement (Apollo Debt Solutions BDC), Credit Agreement (Blackstone Private Credit Fund)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation or administration of Term SOFR or a Benchmark ReplacementReplacement and/or Term SOFR, the Administrative Agent (in consultation with the Borrower) will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Ranpak Holdings Corp.), First Lien Credit Agreement (Ranpak Holdings Corp.)

Benchmark Replacement Conforming Changes. In connection with the implementation or and administration of a Benchmark Replacement (or, with respect to the Daily Simple RFR, Term SOFR or a Benchmark ReplacementDaily Simple SOFR, at any time), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.), Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation or administration of Term SOFR or a Benchmark Replacement, the Administrative Agent will have the right (in consultation with the Borrower) to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction DocumentLoan Document (including, without limitation, Section 9.01 hereof), any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 2 contracts

Samples: Asset Based Loan Credit Agreement (Express, Inc.), Asset Based Term Loan Agreement (Express, Inc.)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark ReplacementReplacement (Dollar), the Administrative Agent will have the right right, with the prior written consent of the Borrower, to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective upon receipt of the consent of the Borrower but without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (First Eagle Private Credit Fund), Loan and Servicing Agreement (First Eagle Private Credit Fund)

Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement or administration in connection with the use, administration, adoption or implementation of the Term SOFR or a Benchmark ReplacementRate and/or Daily Simple SOFR, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (Worthington Industries Inc), Credit Agreement (Worthington Industries Inc)

Benchmark Replacement Conforming Changes. In connection with the implementation anduse or administration of Term SOFR or Daily Compounded SOFR or the use, administration, adoption or implementation of a Benchmark Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 1 contract

Samples: Revolving Credit Agreement (Avangrid, Inc.)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR or a Benchmark ReplacementTransition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.. ​

Appears in 1 contract

Samples: Credit Agreement (Evolve Transition Infrastructure LP)

Benchmark Replacement Conforming Changes. In connection with the implementation or and administration of a Benchmark Replacement (or, with respect to Daily Simple RFR, Term SOFR or a Benchmark ReplacementDaily Simple SOFR, at any time), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction DocumentAgreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Danimer Scientific, Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation or administration of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR or a Benchmark ReplacementTransition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 1 contract

Samples: Omnibus Amendment to Indenture and Note Purchase Agreement (United States Cellular Corp)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of With respect to Adjusted Term SOFR or a any Benchmark Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 1 contract

Samples: Term Loan Agreement (Cooper Companies, Inc.)

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Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark ReplacementReplacement (Dollar), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Apollo Debt Solutions BDC)

Benchmark Replacement Conforming Changes. In connection with the implementation or andor administration of Term SOFR or a Benchmark Replacement, the Series 2021-1 Class A-1 Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction DocumentAgreement.

Appears in 1 contract

Samples: Class a 1 Note Purchase Agreement (DigitalBridge Group, Inc.)

Benchmark Replacement Conforming Changes. In connection with the implementation or ofor administration of Term SOFR or a Benchmark ReplacementReplacement (Dollar), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 1 contract

Samples: Loan and Servicing Agreement (HPS Corporate Lending Fund)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR or a Benchmark ReplacementTransition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 1 contract

Samples: Series 2017 VFN Note Purchase Agreement (United States Cellular Corp)

Benchmark Replacement Conforming Changes. In connection with the use implementation or administration of a Benchmark Replacement (or, with respect to any Benchmark Replacement of Adjusted Term SOFR or a Benchmark Replacementat any time), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Oaktree Specialty Lending Corp)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark ReplacementReplacement (Dollar), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction DocumentDocument (other than as provided in the definition of Benchmark Replacement Conforming Changes).

Appears in 1 contract

Samples: Loan and Servicing Agreement (FS KKR Capital Corp)

Benchmark Replacement Conforming Changes. In connection with the implementation use or administration of Term SOFR SOFR, or the use, administration, adoption or implementation of a Benchmark Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Alliant Energy Corp)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark ReplacementReplacement (Dollar), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 1 contract

Samples: Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Turning Point Brands, Inc.)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of Term SOFR or a Benchmark ReplacementReplacement (Dollar), the Administrative Agent will have the right right, in consultation with the Borrower, to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Antares Private Credit Fund)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement (or administration of the Term SOFR or a Benchmark ReplacementReference Rate), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 1 contract

Samples: Omnibus Amendment (WestRock Co)

Benchmark Replacement Conforming Changes. In connection with the implementation or administration of a Benchmark Replacement (including, for the avoidance of doubt, in connection with the occurrence of a Term SOFR or a Benchmark ReplacementTransition Event), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Collateral Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Collateral Document.

Appears in 1 contract

Samples: Sixth Amendment Agreement (Mogo Inc.)

Benchmark Replacement Conforming Changes. In connection with the use, administration, adoption or implementation of a Benchmark Replacement (or administration of the Term SOFR or a Benchmark ReplacementReference Rate), the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without requiring any further action by or consent of any other party to this Agreement or any other Transaction Document.

Appears in 1 contract

Samples: Eighth Amended and Restated Credit and Security Agreement (WestRock Co)

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