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Common use of Benchmark Replacement SettingAlternate Rate of Interest Clause in Contracts

Benchmark Replacement SettingAlternate Rate of Interest. Notwithstanding anything to the contrary herein or in any other Loan Document:

Appears in 8 contracts

Sources: Credit Agreement (Jersey Central Power & Light Co), Credit Agreement (FirstEnergy Transmission, LLC), Credit Agreement (Firstenergy Corp)

Related Clauses

  • Alternate Rate of Interest
  • Benchmark Replacement Setting
  • Negotiation of alternative rate of interest
  • Alternate Rate of Interest; Illegality
  • Notice of Interest Period and Interest Rate

Parent Clauses

  • Release
  • Benchmark Replacement SettingAlternate Rate of Interest
  • Defaulting Lenders

Sub-Clauses

  • Preservation of Corporate Existence, Etc
  • Replacing USD LIBOR
  • No Waiver; Remedies
  • Events of Default
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