Common use of Reference to Secured Parties Clause in Contracts

Reference to Secured Parties. (a) In each case herein where any payment or distribution is to be made or notice is to be given to the "Secured Parties", (i) such payments and distributions in respect of the Lenders shall be made to the Administrative Agent and (ii) such notices in respect of the Lenders (other than any Borrower Affiliated Lender) shall be made to the Administrative Agent. (b) Any reference herein to notice or other delivery to be provided to any Lender or S&P shall no longer be applicable to that Lender after the applicable Loan Payoff Date (whether or not so specified herein). (c) Any reference herein to a consent to be obtained from any Lender or S&P shall no longer be applicable to that Lender after the applicable Loan Payoff Date (whether or not so specified herein). (d) Any reference herein to notice or other delivery to be provided to S&P shall no longer be applicable if S&P is no longer rating any of the Loans (whether or not so specified herein).