Common use of Manner of Application Clause in Contracts

Manner of Application. Any Successor Rate shall be applied in a manner consistent with market practice; provided, that, to the extent that such market practice is not administratively feasible for the Administrative Agent or a market practice does not exist, then such Successor Rate shall be applied in a manner as otherwise reasonably determined by the Administrative Agent.

Appears in 4 contracts

Samples: Credit Agreement (Connecticut Light & Power Co), Credit Agreement (Connecticut Light & Power Co), Credit Agreement (Connecticut Light & Power Co)

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