Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark Transition Event with respect to a then current Benchmark, the Administrative Agent and the Borrower may amend this Agreement to replace such Benchmark with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become effective at (New York City time) on the fifth (5th) Business Day after the Administrative Agent has posted such proposed amendment to all affected and the Borrower so long as the Administrative Agent has not received, by such time, written notice of objection to such amendment from the Borrower or the comprising the Required of each affected Class. No replacement of a Benchmark with a Benchmark Replacement pursuant to this [Section 2.13(a)] will occur prior to the applicable Benchmark Transition Start Date.
Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark Transition Event with respect to a then current Benchmark,Event, the Administrative Agent and the Borrower may amend this Agreement to replace suchthe then-current Benchmark with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become effective at (New York City time) on the fifth (5th) Business Day after the Administrative Agent has posted such proposed amendment to all affected _Consenting Lenders: and the Borrower so long as the Administrative Agent has not received, by such time, written notice of objection to such amendment from the Borrower or the _Consenting Lenders: comprising the Required of each affected Class.. No replacement of a Benchmark with a Benchmark Replacement pursuant to this [Section 2.13(a)23(c)(i)] will occur prior to the applicable Benchmark Transition Start Date.
Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark Transition Event with respect to a then current Benchmark, the AdministrativeEvent, Agent and theAdministrative Borrower may amend this Agreement to replace suchthe then-current Benchmark with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become effective at (New York City time) on the fifth (5th) Business Day after the Administrative Agent has posted such proposed amendment to all affected Lenders and theAdministrative Borrower so long as the Administrative Agent has not received, by such time, written notice of objection to such amendment from the Borrower or the Lenders comprising the Required of each affected Class.Lenders. No replacement of a Benchmark with a Benchmark Replacement pursuant to this [Section 2.13(a)12(d)(iii)] will occur prior to the applicable Benchmark Transition Start Date.
Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark Transition Event with respect to a then current Benchmark,Event, the Administrative Agent and the BorrowerCompany may amend this Agreement to replace suchthe then-current Benchmark with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become effective at (New York City time) on the fifth (5th) Business Day after the Administrative Agent has posted such proposed amendment to all affected Banks and the BorrowerCompany so long as the Administrative Agent has not received, by such time, written notice of objection to such amendment from the Borrower or the Banks comprising the Required of each affected Class.Majority Banks. No replacement of a Benchmark with a Benchmark Replacement pursuant to this [Section 2.13(8.07(a)] will occur prior to the applicable Benchmark Transition Start Date.
Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document,Financing Agreement, upon the occurrence of a Benchmark Transition Event with respect to a then current Benchmark,Event, the Administrative Agent and the Lead Borrower may amend this Agreement to replace suchthe then-current Benchmark with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become effective at (New York City time) on the fifth (5th) Business Day after the Administrative Agent has posted such proposed amendment to all affected Lenders and the Lead Borrower so long as the Administrative Agent has not received, by such time, written notice of objection to such amendment from the Borrower or the Lenders comprising the Required of each affected Class.Lenders. No replacement of a Benchmark with a Benchmark Replacement pursuant to this [Section 2.13(a)]3.4] will occur prior to the applicable Benchmark Transition Start Date.
Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark Transition Event with respect to a then currentany Benchmark, the Administrative Agent and the BorrowerCompany may amend this Agreement to replace such Benchmark with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become effective at (New York City time) on the fifth (5th) Business Day after the Administrative Agent has posted such proposed amendment to all affected Lenders and the BorrowerCompany so long as the Administrative Agent has not received, by such time, written notice of objection to such amendment from the Borrower or the Lenders comprising the Required of each affected Class.Lenders. No replacement of a Benchmark with a Benchmark Replacement pursuant to this [Section 2.13(a)b)] will occur prior to the applicable Benchmark Transition Start Date.
Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark Transition Event with respect to a then current Benchmark,Event, the Administrative Agent and the Borrower may amendmay, and shall endeavor to, amend, by written agreement between the Administrative Agent and the Borrower, this Agreement to replace suchthe then-current Benchmark with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become effective at (New York City time), Pacific time, on the fifth (5th) Business Day after the Administrative Agent has posted a copy of such proposed amendment to all affected and the BorrowerLenders so long as the Administrative Agent has not received, by such time, written notice of objection to such proposed amendment from the Borrower or the Lenders comprising the Required Lenders; provided that, in the case of each affected Class.Term SOFR, with respect to any proposed amendment to replace such Benchmark with Adjusted Daily Simple SOFR, the Lenders shall not be entitled to object to such amendment. No replacement of a Benchmark with a Benchmark Replacement pursuant to this [Section 2.13(a)c)(i)] will occur prior to the applicable Benchmark Transition Start Date.
Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark Transition Event with respect to a then current Benchmark, the AdministrativeEvent, Agent and the Borrower Agent may amend this Agreement to replace suchthe then-current Benchmark with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become effective at (New York City time) on the fifth (5th) Business Day after the Administrative Agent has posted such proposed amendment to all affected Lenders and the Borrower Agent so long as the Administrative Agent has not received, by such time, written notice of objection to such amendment from the Borrower or the Lenders comprising the Required of each affected Class.Lenders. No replacement of a Benchmark with a Benchmark Replacement pursuant to this [Section 2.13(a)12(d)(iv)] will occur prior to the applicable Benchmark Transition Start Date.
Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, uponDocument (and any Swap Agreement shall be deemed not to be a “Loan Document” for purposes of this [Section 2.24]), ifupon the occurrence of a Benchmark Transition Event withor an Early Opt-in Election, as applicable, and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect to a then current Benchmark,of any setting of the , the Administrative Agent and the Borrower may amend this Agreement to replace such Benchmarkthe applicable then-current Benchmark, then # if with a Benchmark Replacement.Replacement is determined in accordance with [clause (1) or (2)])] of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, in connection with. Any such amendment with respect to a Benchmark Transition EventEvent, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document and # if a Benchmark Replacement is determined in accordance with [clause (3)] of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, or in connection with an Early Opt-in Election, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or afterwill become effective at (New York City time) on the fifth (5th) Business Day after the Administrativedate notice of such Benchmark Replacement is provided to the Lenders without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan DocumentAdministrative Agent has posted such proposed amendment to all affected Lenders and the Borrower so long as the Administrative Agent has not received, by such time, written notice of objection to such amendmentBenchmark Replacementamendment from the Borrower or the Lenders comprising the Required of each affected Class.Lenders. No replacement of a Benchmark with a Benchmark Replacement pursuant to this [Section 2.13(24(a)] will occur prior to the applicable Benchmark Transition Start Date.
Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark Transition Event with respect to a then current Benchmark, the AdministrativeEvent, Agent and the BorrowerBorrowers may amend this Agreement to replace suchthe then-current Benchmark with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become effective at (New York City time) on the fifth (5th) Business Day after the Administrative Agent has posted such proposed amendment to all affected Lenders and the BorrowerBorrowers so long as the Administrative Agent has not received, by such time, written notice of objection to such amendment from the Borrower or the Lenders comprising the Required of each affected Class.Lenders. No replacement of a Benchmark with a Benchmark Replacement pursuant to this [Section 2.13(a)15(c)(i)(A)] will occur prior to the applicable Benchmark Transition Start Date.
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