Common use of Replacement of SOFR; Successor Rates Clause in Contracts

Replacement of SOFR; Successor Rates. Notwithstanding anything to the contrary in this Agreement or in any other Loan Document, if the Administrative Agent determines (which determination shall be conclusive and binding absent manifest error), or the Borrower or the Required Lenders notify the Administrative Agent (with, in the case of such notification provided by the Required Lenders, a copy to the Borrower) that the Borrower or the Required Lenders (as the case may be) have determined, that:

Appears in 2 contracts

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

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Replacement of SOFR; Successor Rates. Notwithstanding anything to the contrary in this Agreement or in any other Loan Document, if the Administrative Agent determines (which determination shall be conclusive and binding absent manifest error), or the Borrower Borrowers or the Required Lenders notify the Administrative Agent (with, in the case of such notification provided by the Required Lenders, a copy to the BorrowerBorrowers) that the Borrower Borrowers or the Required Lenders (as the case may be) have determined, that:

Appears in 1 contract

Samples: Credit Agreement (Connecticut Light & Power Co)

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Replacement of SOFR; Successor Rates. Notwithstanding anything to the contrary in this Agreement or in any other Loan Document, if the Administrative Agent determines (which determination shall CHAR1\0000000x0 2 be conclusive and binding absent manifest error), or the Borrower Borrowers or the Required Lenders notify the Administrative Agent (with, in the case of such notification provided by the Required Lenders, a copy to the BorrowerBorrowers) that the Borrower Borrowers or the Required Lenders (as the case may be) have determined, that:

Appears in 1 contract

Samples: Credit Agreement (Connecticut Light & Power Co)

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