Common use of Replacement of Daily Simple SOFR or Successor Rate Clause in Contracts

Replacement of Daily Simple SOFR or Successor Rate. Notwithstanding anything to the contrary in this Agreement or any other Loan Documents, if the Administrative Agent determines (which determination shall be conclusive absent manifest error), or the Borrowers or Majority Lenders notify the Administrative Agent (with, in the case of the Majority Lenders, a copy to the Borrowers) that the Borrowers or Majority Lenders (as applicable) have determined, that: (i) adequate and reasonable means do not exist for ascertaining Daily Simple SOFR, including, without limitation, because SOFR is not available or

Replacement of Daily Simple SOFR or Successor Rate. Notwithstanding anything to the contrary in this Agreement or any other Loan Documents, if the Administrative Agent determines (which determination shall be conclusive absent manifest error), or the Borrowers Company or Majority Required Lenders notify the Administrative Agent (with, in the case of the Majority Required Lenders, a copy to the BorrowersCompany) that the Borrowers Company or Majority Required Lenders (as applicable) have determined, that: (i) adequate and reasonable means do not exist for ascertaining Daily Simple SOFR, including, without limitation, because SOFR is not available or:

Replacement of Daily Simple SOFR or Successor Rate. Notwithstanding anything to the contrary in hereinin this Agreement or in any other Loan DocumentsDocumentDocuments, if the Administrative Agent determines (which determination shall be conclusive absent manifest error), or the Borrowers Company or Majority Required Lenders notify the Administrative Agent (with, in the case of the Majority Required Lenders, a copy to the BorrowersCompany) that the Borrowers Company or Majority Required Lenders (as applicable) have determined, that: (i) adequate and reasonable means do not exist for ascertaining Daily Simple SOFR, including, without limitation, because SOFR is not available or:

Replacement of Daily Simple SOFR or Successor Rate. Notwithstanding anything to the contrary in this Agreement or any other Loan DocumentsDocumentDocuments, if the Administrative Agent determines (which determination shall be conclusive absent manifest error), or the Borrowers Company or Majority Required Lenders notify the Administrative Agent (with, in the case of the Majority Required Lenders, a copy to the BorrowersCompany) that the Borrowers Company or Majority Required Lenders (as applicable) have determined, that: (i) adequate and reasonable means do not exist for ascertaining Daily Simple SOFR, including, without limitation, because SOFR is not available or: