Example ContractsClausesAffected Loans
Affected Loans
Affected Loans contract clause examples

Base Rate Loans Substituted for Affected LIBOR Loans. If notice has been given by a Bank pursuant to [Sections 2.11 or 2.12]2] or by the Borrower pursuant to [Section 2.13] requiring LIBOR Loans of any Bank to be repaid, then, unless and until such Bank notifies the Administrative Agent and the Borrower that the circumstances giving rise to such repayment no longer apply, all Loans which would otherwise be made by such Bank to the Borrower as LIBOR Loans shall be made instead as Base Rate Loans. Such Bank shall promptly notify the Administrative Agent and the Borrower if and when the circumstances giving rise to such repayment no longer apply.

Base Rate Loans Substituted for Affected LIBOR Loans. If notice has been given by a Bank pursuant to [Sections 2.11 or 2.12]2] or by the Borrower pursuant to [Section 2.13] requiring LIBOR Loans of any Bank to be repaid, then, unless and until such Bank notifies the Administrative Agent and the Borrower that the circumstances giving rise to such repayment no longer apply, all Loans which would otherwise be made by such Bank to the Borrower as LIBOR Loans shall be made instead as Base Rate Loans. Such Bank shall promptly notify the Administrative Agent and the Borrower if and when the circumstances giving rise to such repayment no longer apply.

Affected Currencies. Notwithstanding anything to the contrary herein or in any Other Document, effective as of the Effective Date, # LIBOR Rate Loans shall not be available for any Advance denominated in any Affected Currency, and # any request for a new Advance denominated in an Affected Currency, or to continue or convert an existing Advance denominated in an Affected Currency, shall be deemed to be a request for a new RFR Advance denominated in such Affected Currency; provided, that to the extent any Advance denominated in an Affected Currency and bearing interest at the LIBOR Rate is outstanding on the Effective Date, such Advance shall continue to bear interest at the LIBOR Rate until the end of the current Interest Period or payment period applicable to such Advance; provided further that, in the case of an Advance that bears interest at a daily floating rate with no Interest Period, such Advance shall be deemed to be an RFR Advance immediately upon the Effective Date.

Affected Lender. Following a demand by the Administrative Agent or a Managing Agent (whether on behalf of a Lender (an “Affected Lender”), its related Program Support Provider or any other Affected Party in such Affected Lender’s Lender Group) for payment of any amounts under Section 2.09, the Borrower may elect to replace such Affected Lender as a Lender party to this Agreement with an assignee Lender procured by the Borrower, provided that no Incipient Termination Event or Termination Event shall have occurred and be

Rights Affected. Except as otherwise required by law or an amendment or as provided to the contrary herein, the provisions of this amended and restated Plan shall apply only to Employees who complete an Hour of Service on or after the Effective Date. The rights of any other person shall be governed by the Plan as in effect on the date of his Severance from Service, except to the extent expressly provided in any amendment adopted subsequently thereto.

Affected Financial Institutions. No Loan Party is an Affected Financial Institution.

Obligations Not Affected. In such manner, upon such terms and at such times as Landlord in its sole discretion deems necessary or expedient, and without notice to Guarantor, Landlord may: # amend, alter, compromise, accelerate, extend or change the time or manner for the payment or the performance of any Obligation hereby guaranteed; # extend, amend or terminate the Lease Documents; or # release Tenant by consent to any assignment (or otherwise) as to all or any portion of the Obligations hereby guaranteed, in each case pursuant to the terms of the Lease Documents. Any exercise or non-exercise by Landlord of any right hereby given Landlord, dealing by Landlord with Guarantor or any other guarantor, Tenant or any other Person, or change, impairment, release or suspension of any right or remedy of Landlord against any Person including Tenant and any other guarantor will not affect any of the Obligations of Guarantor hereunder or give Guarantor any recourse or offset against Landlord.

Affected Financial Institutions. The Borrower is not an Affected Financial Institution.

Affected Financial Institution. None of the Borrowers and none of the Guarantors is an Affected Financial Institution.

Affected Financial Institution. No Loan Party is an Affected Financial Institution.

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