Common use of Interest Rates; Benchmark Notification Clause in Contracts

Interest Rates; Benchmark Notification. The interest rate on a Loan denominated in dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.11(b) provides a mechanism for determining an alternative rate of interest. The Lender will promptly notify the

Appears in 1 contract

Sources: Credit Agreement (Aspen Technology, Inc.)

Interest Rates; Benchmark Notification. The interest rate on a Loan denominated in dollars an Agreed Currency may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event or a Term ▇▇▇▇▇ Reelection Event, Section 2.11(b) provides a mechanism for determining an alternative rate of interest. The Lender will promptly notify the,

Appears in 1 contract

Sources: Credit Agreement (Brady Corp)

Interest Rates; Benchmark Notification. The interest rate on a Loan denominated in dollars Dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.11(b) provides a mechanism for determining an alternative rate of interest. The Lender will promptly notify the,

Appears in 1 contract

Sources: Credit Agreement (MSCI Inc.)

Interest Rates; Benchmark Notification. The interest rate on a Loan denominated in dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.11(b3.08(b) provides a mechanism for determining an alternative rate of interest. The Lender will promptly notify theof

Appears in 1 contract

Sources: 364 Day Revolving Credit Agreement (Zimmer Biomet Holdings, Inc.)

Interest Rates; Benchmark Notification. The interest rate on a Loan denominated in dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.11(b5.09(b) provides a mechanism for determining an alternative rate of interest. The Lender will promptly notify theof

Appears in 1 contract

Sources: Five Year Revolving Credit Agreement (Zimmer Biomet Holdings, Inc.)

Interest Rates; Benchmark Notification. The interest rate on a Loan denominated in dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.11(b2.14(c) provides a mechanism for determining an alternative rate of interest. The Lender will promptly notify theAdministrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission, 42

Appears in 1 contract

Sources: Credit Agreement (Brinker International, Inc)

Interest Rates; Benchmark Notification. The interest rate on a Loan denominated in dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.11(b) provides a mechanism for determining an alternative rate of interest. The Lender will promptly notify the50

Appears in 1 contract

Sources: Credit Agreement (Regional Management Corp.)