Common use of Initial Benchmark Conforming Changes Clause in Contracts

Initial Benchmark Conforming Changes. In connection with the use or administration of any Benchmark, 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 or any other Loan Document. The Agent will promptly notify the Borrower and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of any Benchmark.

Initial Benchmark Conforming Changes. In connection with the use or administration of any Benchmark, the 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 DocumentOperative Agreement, any amendments implementing such Conforming Changes will become effective without any further action or consent of Lessee or any other party to this Agreement or any other Loan DocumentOperative Agreement. The Agent will promptly notify the Borrower and the Lenders Lessee of the effectiveness of any Conforming Changes in connection with the use or administration of any Benchmark.

Initial Benchmark Conforming Changes. In connection with the use or administration of any Benchmark, the 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 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 Loan Transaction Document. The Agent will promptly notify the Borrower and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of any Benchmark.

Initial Benchmark Conforming Changes. In connection with the use or administration of any Benchmark, the 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 DocumentOperative Agreement, any amendments implementing such Conforming Changes will become effective without any further action or consent of Lessee or any other party to this Agreement or any other Loan DocumentOperative Agreement. The Agent will promptly notify the Borrower and the Lenders Lessee of the effectiveness of any Conforming Changes in connection with the use or administration of any Benchmark.. 5A.13