“Reference Time” with respect to any setting of the then-current Benchmark means # if such Benchmark is Daily Simple SOFR, then four (4) SOFR Business Days prior to # if the date of such setting is a SOFR Business Day, such date or # if the date of such setting is not a SOFR Business Day, the SOFR Business Day immediately preceding such date and # if such Benchmark is not Daily Simple SOFR, then the time determined by Lender in accordance with the Benchmark Replacement Conforming Changes (including, without limitation, with respect to Term SOFR).

“Reference Time” with respect to any setting of the then-current Benchmark means # with respect to any determination of Term SOFR applicable to an Interest Period, the date that is two (2) U.S. Government Securities Business Days preceding the first day of the applicable Interest Period or # if such Benchmark is not Term SOFR, the time determined by ​ in accordance with the Conforming Changes.

“Reference Time”: with respect to any setting of the then-current Benchmark means, (1a) if such Benchmark is LIBORthe Term SOFR Rate, 11:005:00 a.m. (LondonChicago time) on the day that is two London banking days(2) U.S. Government Securities Business Days preceding the date of such setting, and (2(b) if such Benchmark is Daily Simple SOFR, then four (4) Business Days prior to such setting or # if such Benchmark is not LIBORthe Term SOFR Rate or Daily Simple SOFR, the time determined by the Administrative Agent in its reasonable discretion.

“Reference Time” with respect to any setting of the then-current Benchmark means # if such Benchmark is the Term SOFR Rate, 5:00 a.m., Chicago time, on the day that is two (2) U.S. Government Securities Business Days preceding the date of such setting, # if the RFR for such Benchmark is Daily Simple SOFR, then four (4) U.S. Government Securities Business Days prior to such setting or # if such Benchmark is none of the Term SOFR Rate or Daily Simple SOFR, the time determined by the Administrative Agent in its reasonable discretion.

“Reference Time” with respect to any setting of the then-current Benchmark means # if such Benchmark is the Term SOFR Rate or the Adjusted Daily Term SOFR Rate, 5:00 a.m. (Chicago time) on the day that is two Business Days preceding the date of such setting, # if such Benchmark is EURIBOR Rate, 11:00 a.m. Brussels time two TARGET Days preceding the date of such setting, # if such Benchmark is TIBOR Rate, 11:00 a.m. Japan time two Business Days preceding the date of such setting,

“Reference Time” with respect to any setting of the then-current Benchmark means # if such Benchmark is Term SOFR Rate, 5:00 a.m. (Chicago time) on the day that is two Business Days preceding the date of such setting, # if such Benchmark is the EURIBOR Rate, 11:00 a.m. Brussels time two TARGET Days preceding the date of such setting, # if such Benchmark is Daily Simple RFR, then four Business Days prior to such setting, and # if such Benchmark is none of Term SOFR Rate, the EURIBOR Rate or SONIA, the time determined by the Administrative Agent in its reasonable discretion.

“Reference Time” with respect to any setting of the then-current Benchmark means # if such Benchmark is Term SOFR Reference Rate, 11:00 a.m. (New York City time) on the day that is two (2) U.S. Government Securities Business Days preceding the date of such setting, and # if such Benchmark is not Term SOFR Reference Rate, the time determined by the Administrative Agent in its reasonable discretion.

“Reference Time” with respect to any setting of the then-current Revolving Credit Facility Benchmark means # if such Revolving Credit Facility Benchmark is Term SOFR, 5:00 a.m. (Chicago time) on the day that is two Business Days preceding the date of such setting, # if such Revolving Credit Facility Benchmark is Daily Simple SOFR, four Business Days prior to such setting or # if such Revolving Credit Facility Benchmark is neither Term SOFR nor Daily Simple SOFR, the time reasonably determined by the Administrative Agent in consultation with the Borrowers.

“Reference Time” with respect to any setting of the then-current Benchmark means # if such Benchmark is the Term SOFR Rate, 5:00 a.m., Chicago time, on the day that is two (2) Business Days preceding the date of such setting, # if such Benchmark is the EURIBO Rate, 11:00 a.m., Brussels time two (2) TARGET Days preceding the date of such setting, # if the RFR for such Benchmark is SONIA, then four (4) Business Days prior to such setting, # if the, following a Benchmark Transition Event and Benchmark Replacement Date with respect to the Term SOFR Rate, the RFR for such Benchmark is Daily Simple SOFR, then four (4) Business Days prior to such setting, or # if such Benchmark is Term CORRA, 1:00 p.m. Toronto local time on the day that is two Business Days preceding the date of such setting, # if, following a Benchmark Transition Event and Benchmark Replacement Date with respect to Term CORRA, the RFR for such Benchmark is Daily Simple CORRA, then four RFR Business Days prior to such setting or # if such Benchmark is none of the Term SOFR Rate, Daily Simple SOFR, the EURIBO Rate or, SONIA, Term CORRA or Daily Simple CORRA, the time determined by [[Administrative Agent:Organization]] in its reasonable discretion.

“Reference Time” with respect to any setting of the then-current Benchmark means # if such Benchmark is the Term SOFR Rate, 5:00 a.m. (Chicago time) on the day that is two U.S. Government Securities Business Days preceding the date of such setting, # if such Benchmark is EURIBOR Rate, 11:00 a.m. Brussels time two TARGET Days preceding the date of such setting, # if such Benchmark is TIBOR Rate, 11:00 a.m. Japan time two Business Days preceding the date of such setting, # if the RFR for such Benchmark is SONIA, then four RFR Business Days prior to such setting, # if the RFR for such Benchmark is Daily Simple SOFR, then four RFR Business Days prior to such setting or # if such Benchmark is none of the Term SOFR Rate, the EURIBOR Rate, the TIBOR Rate or SONIA, the time determined by the Agent in its reasonable discretion.