Impacted Currencies. (i) Dollars shall not be considered a currency for which there is a published LIBO rate and (ii) any request for a new Eurocurrency Rate Loan, or to continue an existing Eurocurrency Rate Loan, shall be deemed to be a request for a new Loan bearing interest at Term SOFR; provided, that, to the extent any Loan bearing interest at the Eurocurrency Rate is outstanding on the Amendment Effective Date, such Loan shall continue to bear interest at the Eurocurrency Rate until the end of the current Interest Period or payment period applicable to such Loan.
Impacted Currencies. (i) Dollars shall not be considered a currency for which there is a published LIBOR rate, (ii) any request for a new Eurocurrency Rate Loan denominated in Dollars, or to continue an existing Eurocurrency Rate Loan denominated in Dollars, shall be deemed to be a request for a new Loan bearing interest at the BSBY Rate, and (iii) any request for a new LIBOR Daily Floating Rate Loan shall be deemed to be a request for a new Loan bearing interest at the BSBY Daily Floating Rate; provided, that, to the extent any Loan bearing interest at the Eurocurrency Rate or the LIBOR Daily Floating Rate is outstanding on the Second Amendment Effective Date, such Loan shall continue to bear interest at the Eurocurrency Rate or the LIBOR Daily Floating Rate, as applicable, until the end of the current Interest Period or payment period applicable to such Loan unless, in the case of a LIBOR Daily Floating Rate Loan, the LIBOR Daily Floating Rate is no longer representative or being made available, in which case such Loan shall bear interest at the BSBY Daily Floating Rate immediately upon the effectiveness of this Agreement.
Impacted Currencies. (i) Dollars shall not be considered a currency for which there is a published LIBOR rate, (ii) any request for a new Eurocurrency Rate Loan denominated in Dollars, or to continue an existing Eurocurrency Rate Loan denominated in Dollars, shall be deemed to be a request for a new Loan bearing interest at Term SOFR or the SOFR Daily Floating Rate, as designated by Borrower or otherwise determined in accordance herewith; provided, that, to the extent any Loan bearing interest at the Eurocurrency Rate is outstanding on the Amendment Effective Date, such Loan shall continue to bear interest at the Eurocurrency Rate until the end of the current Interest Period or payment period applicable to such Loan, and (iii) in addition to Committed Loans subject to Interest Periods of one, three, or six months, as previously provided in the Credit Agreement, Borrower shall have the right, subject to the terms set forth herein, to borrow, convert, and/or continue Committed Loans and Bid Loans bearing daily floating rate interest at the SOFR Daily Floating Rate. (b) References to Eurocurrency Rate and Eurocurrency Rate Loans in the Credit Agreement and Loan Documents. (i) References to the Eurocurrency Rate and Eurocurrency Rate Loans in provisions of the Credit Agreement and the other Loan Documents that are not specifically addressed herein
Impacted Currencies. (i) LIBOR shall be deemed to be unpublished for purposes of the Credit Agreement; and (ii) any request for a new Eurocurrency Rate Loan, or to continue an existing Eurocurrency Rate Loan, shall be deemed to be a request for a new Loan bearing interest at the SOFR Daily Floating Rate; provided, that, to the extent any Loan bearing interest at the Eurocurrency Rate is outstanding on the Amendment Effective Date, such Loan shall bear interest at the SOFR Daily Floating Rate immediately upon the effectiveness of this Agreement. (b) References to Eurocurrency Rate and Eurocurrency Rate Loans in the Credit Agreement and Loan Documents. References to the Eurocurrency Rate and Eurocurrency Rate Loans in provisions of the Credit Agreement and the other Loan Documents that are not specifically addressed herein (other than the definitions of Eurocurrency Rate and Eurocurrency Rate Loan) shall be deemed to include the SOFR
Impacted Currencies. Notwithstanding anything to the contrary contained herein or in any other Loan Documents, from and after the Fifth Amendment Effective Date: (a) Dollars shall not be considered a currency for which there is a published LIBOR rate, (b) each Borrowing outstanding on the Fifth Amendment Effective Date consisting of LIBO Rate Loans denominated in Dollars (as defined in the Credit Agreement) (each, an “Existing LIBO Rate Borrowing”) shall continue to accrue interest based on the LIBO Rate (as defined in the Credit Agreement) and its applicable existing Interest Period (as defined in the Credit Agreement) until the expiration of its applicable existing Interest Period (its “Transition Date”), (c) with respect to each Existing LIBO Rate Borrowing, on and effective as of its Transition Date, its applicable existing Interest Period shall terminate, (d) thereafter, the Loans comprising #96844530v9 such Existing LIBO Rate Borrowing shall be maintained as either Term SOFR Loans or ABR Loans as determined in accordance with the Amended Credit Agreement and (e) the terms of the Credit Agreement in respect of the administration of the LIBO Rate Loans shall remain in effect from and after the Fifth Amendment Effective Date with respect to each Existing LIBO Rate Borrowing until the earlier of (i) the repayment of such Existing LIBO Rate Borrowing and (ii) the Transition Date with respect to such Existing LIBO Rate Borrowing.
Impacted Currencies. For the avoidance of doubt, nothing in Appendix A shall apply to, or be deemed to amend, supplement or otherwise modify, any terms or conditions of the Credit Agreement or any other Credit Document other than to the limited extent provided therein and solely with respect to the Impacted Currencies.
