Common use of Determination by Administrative Agent Clause in Contracts

Determination by Administrative Agent. Each determination by the Administrative Agent of the rate of interest applicable to a SOFR Loan shall, in the absence of manifest error, be final, conclusive and binding upon the Borrower and the Lenders. Upon determination of the rate of interest applicable on the Interest Determination Date, the Administrative Agent shall notify the Borrower and each Lender of that rate. LEGAL_39694004.1 - 45 SIXTH AMENDED AND RESTATED CREDIT AGREEMENT

Determination by Administrative Agent. Each determination by the Administrative Agent of the rate of interest applicable to a SOFR Loan shall, in the absence of manifest error, be final, conclusive and binding upon the Borrower and the Lenders. Upon determination of the rate of interest applicable on the Interest Determination Date, the Administrative Agent shall notify the Borrower and each Lender of that rate. LEGAL_39694004.1 - 45 SIXTH AMENDED AND RESTATED CREDIT AGREEMENT.