Common use of Conforming Changes Relating to BSBY Clause in Contracts

Conforming Changes Relating to BSBY. With respect to the BSBY Screen Rate, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Transaction Document; provided that, with respect to any such amendment effected, the Administrative Agent shall provide notice to the Seller and the Purchasers each such amendment implementing such Conforming Changes reasonably promptly after such amendment becomes effective.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Harsco Corp), Receivables Purchase Agreement (Exela Technologies, Inc.)

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Conforming Changes Relating to BSBY. With respect to the BSBY Screen Rate, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Transaction Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall provide notice to the Seller Borrower and the Purchasers Lenders each such amendment implementing such Conforming Changes reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Erie Indemnity Co)

Conforming Changes Relating to BSBY. With respect to the BSBY Screen Rate, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Transaction Document; provided that, with respect to any such amendment effected, the Administrative Agent shall provide notice to the Seller Borrower and the Purchasers Lenders each such amendment implementing such Conforming Changes reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Receivables Financing Agreement (Alliance Resource Partners Lp)

Conforming Changes Relating to BSBY. With respect to the BSBY Screen Rate, the Administrative Agent (in its reasonable discretion following consultation with the Borrower) will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Transaction Document; provided that, with respect to any such amendment effected, the Administrative Agent shall provide notice to the Seller Borrower and the Purchasers Lenders of each such amendment implementing such Conforming Changes reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Receivables Financing Agreement (Sylvamo Corp)

Conforming Changes Relating to BSBY. With respect to the BSBY Screen Rate, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Transaction Loan Document; provided that, with respect to any such amendment effected, the Administrative Agent shall provide notice to the Seller and the Purchasers post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective.

Appears in 1 contract

Samples: Credit Agreement (Duluth Holdings Inc.)

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Conforming Changes Relating to BSBY. With respect to the BSBY Screen Rate, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Transaction Document; provided that, with respect to any such amendment effected, the Administrative Agent shall provide notice to the Seller and the Purchasers each such amendment implementing such Conforming Changes reasonably promptly after such amendment becomes effective.shall

Appears in 1 contract

Samples: Receivables Financing Agreement (Compass Minerals International Inc)

Conforming Changes Relating to BSBY. With respect to the BSBY Screen Rate, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Transaction Document; provided that, with respect to any such amendment effected, the Administrative Agent shall provide notice to the Seller Borrower and the Purchasers each such amendment implementing such Conforming Changes Lenders reasonably promptly after such amendment becomes effective.. ARTICLE II

Appears in 1 contract

Samples: Receivables Financing Agreement (Compass Minerals International Inc)

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