Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 4 contracts
Sources: Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Other Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Other Document. The Agent will promptly notify Borrower Representative the Borrowers and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 4 contracts
Sources: Term Loan Credit and Security Agreement (Quantum Corp /De/), Term Loan Credit and Security Agreement (Quantum Corp /De/), Term Loan Credit and Security Agreement (Quantum Corp /De/)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Agent will have the right (in consultation with Borrowers have the right Borrower Agent) to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. The Agent will promptly notify the Borrower Representative Agent and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 3 contracts
Sources: Credit Agreement (Team Inc), Credit Agreement (Team Inc), Credit Agreement (Team Inc)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Agent will (in consultation with Borrowers the Borrower) will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. The Agent will promptly notify the Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 3 contracts
Sources: Term Loan Credit Agreement (CVR Energy Inc), Credit Agreement (Upland Software, Inc.), Term Loan Credit Agreement (Delek US Holdings, Inc.)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Borrower Representative Agent and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 3 contracts
Sources: Loan, Security and Guarantee Agreement (National CineMedia, Inc.), Credit Agreement (VOXX International Corp), Loan, Security and Guarantee Agreement (Applied Optoelectronics, Inc.)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. The Agent will promptly notify Borrower Representative the Company and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 3 contracts
Sources: Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (Penske Automotive Group, Inc.)
Term SOFR Conforming Changes. In connection with the use With respect to SOFR or administration of Term SOFR, the Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. ; provided that, with respect to any such amendment effected, the Agent will promptly notify Borrower Representative shall post each such amendment implementing such Conforming Changes to the Parent and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFRreasonably promptly after such amendment becomes effective.
Appears in 3 contracts
Sources: Asset Based Revolving Credit Agreement (Cleveland-Cliffs Inc.), Asset Based Revolving Credit Agreement (Cleveland-Cliffs Inc.), Asset Based Revolving Credit Agreement (Cleveland-Cliffs Inc.)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan DocumentDocument or the Unsecured ProFrac Guarantee, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or Agreement, any other Loan DocumentDocument or the Unsecured ProFrac Guarantee. The Agent will promptly notify the Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 2 contracts
Sources: Credit Agreement (ProFrac Holding Corp.), Term Loan Credit Agreement (ProFrac Holding Corp.)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Borrower Representative the Borrowers and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 2 contracts
Sources: Credit Agreement (AerSale Corp), Credit Agreement (AerSale Corp)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will (in consultation with Borrowers the Borrower) will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan DocumentDocument other than written notice thereof to the Borrower. Agent will promptly notify Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Sources: Credit Agreement (Foot Locker, Inc.)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein he rein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Borrower Representative Administrative B orrower and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.. 2.7
Appears in 1 contract
Sources: Credit Agreement (Independence Contract Drilling, Inc.)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Administrative Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Agent will (in consultation with Borrowers have the right Borrower) shall endeavor in good faith to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. The Agent will promptly notify Borrower Representative the Lenders and the Lenders Borrower of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR and Daily Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify the Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR and Daily Term SOFR.
Appears in 1 contract
Sources: Loan and Security Agreement (AB Commercial Real Estate Private Debt Fund, LLC)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR and Adjusted Term SOFR, the Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. The Agent will promptly notify Borrower Representative the Company and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Sources: Credit Agreement (International Flavors & Fragrances Inc)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes (and no other changes) will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers shall have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of Borrowers or any other party to this Agreement or any other Loan Document. Agent will shall promptly notify Administrative Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Term SOFR Conforming Changes. In connection with the use or administration of Adjusted Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Administrative Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Adjusted Term SOFR.
Appears in 1 contract
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Other Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Other Document. Agent will promptly notify Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Sources: Credit and Security Agreement (Manhattan Bridge Capital, Inc)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR and Adjusted Term SOFR, the Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.in
Appears in 1 contract
Sources: Credit Agreement (International Flavors & Fragrances Inc)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Administrative Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Agent will (in consultation with Borrowers the Par Borrower) will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. The Agent will promptly notify the Par Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Sources: Term Loan Credit Agreement (Par Pacific Holdings, Inc.)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time time, in consultation with the Company and, notwithstanding anything to the contrary herein or in any other Loan Documentherein, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan DocumentAgreement. The Agent will promptly notify Borrower Representative the Company and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Sources: Credit Agreement (Boeing Co)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Administrative Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Facility Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time following consultation with the Company and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. The Facility Agent will promptly notify Borrower Representative the Company and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Sources: Term Loan Agreement (Sun Country Airlines Holdings, Inc.)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, the Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. The Agent will promptly notify Borrower Representative the Borrowers and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.
Appears in 1 contract
Sources: Credit Agreement (Stitch Fix, Inc.)
Term SOFR Conforming Changes. In connection with the use or administration of Term SOFR, Agent will in consultation with Borrowers have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. Agent will promptly notify Administrative Borrower Representative and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR..
Appears in 1 contract