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Common use of Successor Rate Clause in Contracts

Successor Rate. The Administrative Agent will promptly (in one or more notices) notify the Company and each Lender of the implementation of any Successor Rate.

Appears in 1 contract

Samples: Credit Agreement (Medtronic PLC)

Successor Rate. The Administrative Agent will promptly (in one or more notices) notify the Company Borrower and each Lender of the implementation of any Successor Rate.. Any Successor Rate shall be applied in a manner consistent with market practice; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such

Appears in 1 contract

Samples: Credit Agreement (Healthpeak Properties, Inc.)

Successor Rate. The Administrative Agent will promptly (in one or more notices) notify the Company Borrower and each Lender of the implementation of any Successor Rate.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Invitation Homes Inc.)