Common use of the related Benchmark Replacement Adjustment Clause in Contracts

the related Benchmark Replacement Adjustment. If the Benchmark Replacement as determined pursuant to clause (1) or (2) above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.

Appears in 7 contracts

Samples: 364 Day Revolving Credit Agreement (Zimmer Biomet Holdings, Inc.), Credit Agreement (Orion S.A.), Credit Agreement

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the related Benchmark Replacement Adjustment. If provided that, ifIf the Benchmark Replacement as determined pursuant to clause (1) or (2) above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.

Appears in 5 contracts

Samples: Credit Agreement (FirstEnergy Transmission, LLC), Credit Agreement (Firstenergy Corp), Credit Agreement (PACIFIC GAS & ELECTRIC Co)

the related Benchmark Replacement Adjustment. If the Benchmark Replacement as determined pursuant to clause (1a) or (2b) above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.

Appears in 4 contracts

Samples: Credit Agreement (Clear Channel Outdoor Holdings, Inc.), Fifth Amendment to Credit Agreement (Science Applications International Corp), Credit Agreement (Science Applications International Corp)

the related Benchmark Replacement Adjustment. If the Benchmark Replacement as determined pursuant to clause (1a) or (2b) above would be less than the Floor, the such Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Incremental and Refinancing Amendment (Powerschool Holdings, Inc.)

the related Benchmark Replacement Adjustment. If the Benchmark Replacement as determined pursuant to clause (1a)(1), (a)(2), (a)(3) or (2b) above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Atlantica Sustainable Infrastructure PLC)

the related Benchmark Replacement Adjustment. If the Benchmark Replacement as determined pursuant to clause (1) or (2) the above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (CI Financial Corp.)

the related Benchmark Replacement Adjustment. If the Benchmark Replacement as determined pursuant to clause (1) or (2) above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan DocumentsAgreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Chemours Co)

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the related Benchmark Replacement Adjustment. If the Benchmark Replacement as determined pursuant to clause (1) or (2) above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documentsany Note.

Appears in 1 contract

Samples: Term Credit Agreement (Mondelez International, Inc.)

the related Benchmark Replacement Adjustment. If the Benchmark Replacement as determined pursuant to clause (11a) or (22b) above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Genco Shipping & Trading LTD)

the related Benchmark Replacement Adjustment. If provided that, ifIf the Benchmark Replacement as determined pursuant to clause (11a) or (22b) above would be less than the Floor, the Benchmark Replacement Replacementthen such rate will be deemed to be equal to the Floor for the purposes of this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Marketwise, Inc.)

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