Common use of Benchmark Replacement Floor Clause in Contracts

Benchmark Replacement Floor. Notwithstanding anything else herein, any definition of Benchmark Replacement shall provide that in no event shall such Benchmark Replacement be less than two percent (2.00%) for purposes of this Agreement.

Appears in 4 contracts

Samples: Loan and Security Agreement (Franchise Group, Inc.), Term Loan Agreement (Mediaco Holding Inc.), Loan and Security Agreement (Franchise Group, Inc.)

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Benchmark Replacement Floor. Notwithstanding anything else herein, any definition of Benchmark Replacement shall provide that in no event shall such Benchmark Replacement be less than two percent (2.003.50%) for purposes of this Agreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Mediaco Holding Inc.), Term Loan Agreement (Mediaco Holding Inc.)

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Benchmark Replacement Floor. Notwithstanding anything else herein, any definition of Benchmark Replacement shall provide that in no event shall such Benchmark Replacement be less than two three and a half percent (2.003.50%) for purposes of this Agreement.

Appears in 1 contract

Samples: Term Loan Agreement (Mediaco Holding Inc.)

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