Common use of Transition to Adjusted Term SOFR Clause in Contracts

Transition to Adjusted Term SOFR. Notwithstanding any other provision herein or in the Credit Agreement, the interest on any Loans outstanding as of the Conforming Changes Amendment Effective Date will continue to be determined by reference to the LIBOR provisions that apply prior to the Conforming Changes Amendment Effective Date, until the end of the then current Interest Period on such Loans, at which time interest shall be determined after giving effect to the Credit Agreement, as amended by this Agreement.

Transition to Adjusted Term SOFR. Notwithstanding any other provision herein or in the Credit Agreement, the interest on any Loans outstanding as of the Conforming Changes Amendment No. 10 Effective Date will continue to be determined by reference to the LIBOR provisions that apply prior to the Conforming Changes Amendment No. 10 Effective Date, until the end of the then current Interest Period on such Loans, at which time interest shall be determined after giving effect to the Amended Credit Agreement. The first Interest Period based on Term SOFR will commence on July 1, as amended by this Agreement2023.

Transition to Adjusted Term SOFR. Notwithstanding any other provision herein or in the Existing Credit Agreement, the interest on any Loans (outstanding as of the Conforming Changes Amendment Effective Date will continue to be determined by reference to the LIBOR LIBO Screen Rate provisions that apply prior to the Conforming Changes Amendment Effective Date, until the end of the then current Interest Period (as defined in the Existing Credit Agreement) on such Loans, at which time and after the Conforming Changes Amendment Effective Date interest shall be determined after giving effect to the Amended Credit Agreement, as amended by this Agreement.. ​ 4867-9115-5552v.54