"Defaulting Lender Rate" means # for the first 3 days from and after the date the relevant payment is due, the Base Rate, and # thereafter, the interest rate then applicable to Revolving Loans that are Base Rate Loans (inclusive of the Base Rate Margin applicable thereto).

“Base Rate Loans” means a Loan that bears interest at a rate based on the Base Rate.

“Default Rate” means an interest rate equal to # in the case of EurodollarTerm SOFR Loans or SOFR Daily Floating Rate Loans, the sum of # the EurodollarTerm SOFR or SOFR Daily Floating Rate, as applicable, for such Loans, plus # the Applicable Rate applicable to such Loans, plus # 2% per annum, # in the case of the Letter of Credit Fees, a rate equal to # the Applicable Rate plus 2% per annum, # in the case of Base Rate Loans and for all other Obligations, the sum of # the Base Rate plus # the Applicable Rate applicable to Base Rate Loans, plus # 2% per annum.

The Type of Loans comprising the Proposed Borrowing is [Base Rate Loans] [Eurodollar Rate Loans].

with respect to Base Rate Loans, the applicable Base Rate Margin set forth in the Pricing Schedule; and

Base Rate Loans and LIBOR Rate Loans may be converted to Loans of the other Type as provided in §4.1.

whether the Borrowing is to be comprised of Eurocurrency Rate Loans or Base Rate Loans; and

“Applicable Margin” means # for Eurodollar Rate Loans, 0.825% per annum, and # for Base Rate Loans, zero.

Base Rate Loans. During the period referenced in the foregoing sentence, the component of Base Rate based upon the Benchmark will not be used in any determination of Base Rate.

(A) any outstanding Term SOFR Loans shall be deemed to have been converted to Base Rate Loans immediately and # any outstanding affected Alternative Currency Loans, at the Company’s election, shall either # be converted into a Borrowing of Base Rate Loans