Common use of Benchmark Transition Start Date Clause in Contracts

Benchmark Transition Start Date. In the case of a Benchmark Transition Event, the earlier of (a) the applicable Benchmark Replacement Date and (b) if such Benchmark Transition Event is a public statement or publication of information of a prospective event, the 90th day prior to the expected date of such event as of such public statement or publication of information (or if the expected date of such prospective event is fewer than 90 days after such statement or publication, the date of such statement or publication).

Appears in 3 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Receivables Purchase Agreement (Lennox International Inc), Credit Agreement (Mid-America Apartments, L.P.)

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Benchmark Transition Start Date. In in the case of a Benchmark Transition Event, the earlier of (a) the applicable Benchmark Replacement Date and (b) if such Benchmark Transition Event is a public statement or publication of information of a prospective event, the 90th day prior to the expected date of such event as of such public statement or publication of information (or if the expected date of such prospective event is fewer than 90 days after such statement or publication, the date of such statement or publication).

Appears in 1 contract

Samples: Loan and Security Agreement (Proficient Auto Logistics, Inc)

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