Replacement Amendment definition
Examples of Replacement Amendment in a sentence
Notwithstanding anything to the contrary herein, the Benchmark Replacement Amendment (i) shall become effective without any further action or consent of any other party to this Agreement and (ii) may designate the timing of effectiveness of the Benchmark Replacement Rate (including pursuant to the occurrence of identified conditions).
Any such amendment with respect to a Benchmark Transition Event will become effective at 5:00 p.m. on the fifth (5th) Business Day after the Administrative Agent has posted such proposed amendment (the “Benchmark Replacement Amendment”) to all affected Lenders and the Borrower so long as the Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement Amendment from Lenders comprising the Required Lenders.
Notwithstanding anything to the contrary herein, the Benchmark Replacement Amendment may designate the timing of effectiveness of the Benchmark Replacement (including pursuant to the occurrence of identified conditions, but in any event to occur no earlier than the applicable Benchmark Transition Start Date).
Notwithstanding anything to the contrary herein, the Benchmark Replacement Amendment (i) shall become effective without any further action or consent of any other party to this Agreement and (ii) may designate the timing of effectiveness of the Benchmark Replacement (including pursuant to the occurrence of identified conditions), but in any event to occur no earlier than the applicable Benchmark Transition Start Date.
Notwithstanding anything to the contrary herein, the Benchmark Replacement Amendment (i) shall become effective without any further action or consent of any other party to this Agreement and (ii) may designate the timing of effectiveness of the Benchmark Replacement (including pursuant to the occurrence of identified conditions).
Seller and ▇▇▇▇▇ shall then have a period of days following receipt of 309 the above stated written list (“Resolution Period”) to reach a mutual agreement as to the items to be 310 repaired or replaced with like quality or value by Seller, which shall be evidenced by the Repair / 311 Replacement Amendment or written equivalent(s).
Seller and Buyer shall then have a period of days following receipt of 310 the above stated written list (“Resolution Period”) to reach a mutual agreement as to the items to be 311 repaired or replaced with like quality or value by Seller, which shall be evidenced by the Repair / 312 Replacement Amendment or written equivalent(s).
Seller and Buyer shall then have a period of days following receipt of 309 the above stated written list (“Resolution Period”) to reach a mutual agreement as to the items to be 310 repaired or replaced with like quality or value by Seller, which shall be evidenced by the Repair / 311 Replacement Amendment or written equivalent(s).
Seller and Buyer shall then have a period of number days following receipt of 317 318 319 320 the above stated written list (“Resolution Period”) to reach a mutual agreement as to the items to be repaired or replaced with like quality or value by Seller, which shall be evidenced by the Repair / Replacement Amendment or written equivalent(s).
The amendments pursuant to this Replacement Amendment constitute a “Replacement Revolving Facility Amendment” under the Credit Agreement and with effect from the Replacement Revolving Credit Effective Date, any Loans made pursuant to the Replacement Revolving Commitments shall be “Revolving Credit Loans”.