Conforming Changes. In connection with the use or administration of Term SOFR or the use, administration, adoption or implementation of a Benchmark Replacement, 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 Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Phillips 66), Credit Agreement (Phillips 66), Credit Agreement (Phillips 66)
Conforming Changes. In connection with the 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 Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this AgreementAgreement or any other Loan Document.
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (Potbelly Corp), Abl Credit Agreement (J.Jill, Inc.), Credit and Guaranty Agreement (Mesa Air Group Inc)
Conforming Changes. In connection with the use or administration of Term SOFR or the use, administration, adoption or implementation of Term SOFR or a Benchmark Replacement, the Administrative Agent will have the right (in consultation with the Borrower) to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan DocumentDocument (including, without limitation, Section 9.01 hereof), any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this AgreementAgreement or any other Loan Document.
Appears in 3 contracts
Samples: Asset Based Loan Credit Agreement (Express, Inc.), Asset Based Term Loan Agreement (Express, Inc.), Asset Based Loan Credit Agreement (Express, Inc.)
Conforming Changes. In connection with the use or administration of Term SOFR SOFR, or the use, administration, adoption or implementation of a Benchmark Replacement, the Administrative Facility Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Finance Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this AgreementAgreement or any other Finance Document.
Appears in 3 contracts
Samples: Facility Agreement (Euroseas Ltd.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Globus Maritime LTD)
Conforming Changes. In connection with the use or administration of Term SOFR or the use, administration, adoption or implementation of a Benchmark ReplacementSOFR, 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 Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this AgreementAgreement or any other Loan Document. The Administrative Agent will promptly notify the Borrower and the Lenders prior to the effectiveness of any Benchmark Replacement Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 2 contracts
Samples: Financing Agreement (Colonnade Acquisition Corp. II), Financing Agreement (Spire Global, Inc.)
Conforming Changes. In connection with either the use or administration of Term SOFR or Daily Simple SOFR or the use, administration, adoption or implementation of a any Benchmark Replacement, the Administrative Agent will (in consultation with the Borrower) have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this AgreementAgreement or any other Loan Document.
Appears in 2 contracts
Samples: Credit Agreement (Equitrans Midstream Corp), Third Amended and Restated Credit Agreement (Equitrans Midstream Corp)
Conforming Changes. In connection with the 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 Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this AgreementAgreement or any other Loan Document.
Appears in 1 contract
Samples: Credit Agreement (Smart Sand, Inc.)
Conforming Changes. In connection with the use or administration of Term SOFR or the use, administration, adoption or implementation of a Term SOFR and/or any Benchmark Replacement, 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 Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this AgreementAgreement or any other Loan Document.
Appears in 1 contract
Samples: Credit Agreement (Masimo Corp)