Common use of Credit Spread Adjustment Clause in Contracts

Credit Spread Adjustment. The Borrowers and the Lender agree to amend the credit spread adjustment provided for in the definition of “Canadian Benchmark Replacement” from time to time to give effect to any evolving or then‐prevailing market convention with respect to the applicable credit spread adjustment for Term XXXXX or Daily Compounded XXXXX, including any applicable recommendations made by the Relevant Canadian Governmental Body, for Canadian dollar‐denominated syndicated credit facilities at such time.

Appears in 2 contracts

Samples: Subordinate Credit Agreement (Brookfield Infrastructure Corp), Subordinate Credit Agreement (Brookfield Infrastructure Corp)

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Credit Spread Adjustment. The Borrowers and the Lender Lenders agree to amend the credit spread adjustment provided for in the definition of “Canadian Benchmark Replacement” from time to time to give effect to any evolving or then‐prevailing market convention with respect to the applicable credit spread adjustment for Term XXXXX or Daily Compounded XXXXX, including any applicable recommendations made by the Relevant Canadian Governmental Body, for Canadian dollar‐denominated Dollar‐denominated syndicated credit facilities at such time.

Appears in 2 contracts

Samples: Credit Agreement (Brookfield Renewable Corp), Credit Agreement (Brookfield Renewable Corp)

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