Conforming Changes

Example Definitions of "Conforming Changes"
Conforming Changes. Means, with respect to either the use or administration of Term SOFR or the use, administration, adoption or implementation of any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of "Business Day," the definition of "U.S. Government Securities Business Day," the definition of "Interest Period" or any similar or analogous definition (or the addition of a concept of an "interest period"), timing and frequency of determining rates... and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods, and other technical, administrative or operational matters) that Bank decides may be appropriate to reflect the adoption and implementation of any such rate or to permit the use and administration thereof by Bank in a manner substantially consistent with market practice (or, if Bank decides that adoption of any portion of such market practice is not administratively feasible or if Bank determines that no market practice for the administration of any such rate exists, in such other manner of administration as Bank decides is reasonably necessary in connection with the administration of this Note and the other Loan Documents). View More
Conforming Changes. Means, with respect to either the use or use, administration of Term SOFR or the use, administration, adoption any conventions associated with SONIA or implementation of any Benchmark Replacement, proposed Successor Rate to SONIA for Sterling, any technical, administrative or operational changes (including conforming changes to the definition definitions of "Business Day," the definition of "U.S. Government Securities Business Day," the definition of "SONIA", "Interest Period" or any similar or... analogous definition (or the addition of a concept of an "interest period"), Period", timing and frequency of determining rates and making payments of interest, interest and other technical, administrative or operational matters (including, for the avoidance of doubt, the definition of "Business Day", timing of borrowing requests or prepayment, conversion or continuation notices, the applicability notices and length of lookback periods, and other technical, administrative or operational matters) that Bank decides periods) as may be appropriate appropriate, in the discretion of the Administrative Agent, to reflect the adoption and implementation of any such rate or applicable rate(s) and to permit the use and administration thereof by Bank the Administrative Agent in a manner substantially consistent with market practice for such currency (or, if Bank decides the Administrative Agent determines that adoption of any portion of such market practice is not administratively feasible or if Bank determines that no market practice for the administration of any such rate for such currency exists, in such other manner of administration as Bank the Administrative Agent decides in consultation with the Company is reasonably necessary in connection with the administration of this Note Agreement and the any other Loan Documents). Document). View More
Conforming Changes. Means, with respect to either the use or use, administration of Term SOFR or the use, administration, adoption any conventions associated with SONIA, SARON, EURIBOR, or implementation of any Benchmark Replacement, proposed Successor Rate for any technical, administrative or operational changes (including currency, any conforming changes to the definition definitions of "Business Day," the definition of "U.S. Government Securities Business Day," the definition of "SONIA", "SARON", "EURIBOR",... "Interest Period" or any similar or analogous definition (or the addition of a concept of an "interest period"), Period", timing and frequency of determining rates and making payments of interest, interest and other technical, administrative or operational matters (including, for the avoidance of doubt, the definition of "Business Day", timing of borrowing requests or prepayment, conversion or continuation notices, the applicability notices and length of lookback periods, and other technical, administrative or operational matters) that Bank decides periods) as may be appropriate appropriate, in the discretion of the Administrative Agent, to reflect the adoption and implementation of any such rate or applicable rate(s) and to permit the use and administration thereof by Bank the Administrative Agent in a manner substantially consistent with market practice for such currency (or, if Bank decides the Administrative Agent determines that adoption of any portion of such market practice is not administratively feasible or if Bank determines that no market practice for the administration of any such rate for such currency exists, in such other manner of administration as Bank decides the Administrative Agent determines is reasonably necessary in connection with the administration of this Note Agreement and the any other Loan Documents). Document). View More
Conforming Changes. Means, with respect to either the use or use, administration of or any conventions associated with SOFR, any proposed Successor Rate, Term SOFR or the use, administration, adoption or implementation of Daily Simple SOFR, as applicable, any Benchmark Replacement, any technical, administrative or operational changes (including conforming changes to the definition definitions of "Business Day," the definition of "U.S. Government Securities Business Day," the definition of "Base Rate", "SOFR",... "Term SOFR", "Daily Simple SOFR" and "Interest Period" or any similar or analogous definition (or the addition of a concept of an "interest period"), Period", timing and frequency of determining rates and making payments of interest, interest and other technical, administrative or operational matters (including, for the avoidance of doubt, the definitions of "Business Day" and "U.S. Government Securities Business Day", timing of borrowing requests or prepayment, conversion or continuation notices, the applicability notices and length of lookback periods, and other technical, administrative or operational matters) that Bank decides periods) as may be appropriate appropriate, in the discretion of the Administrative Agent, to reflect the adoption and implementation of any such rate or applicable rate(s) and to permit the use and administration thereof by Bank the Administrative Agent in a manner substantially consistent with market practice (or, if Bank decides the Administrative Agent determines that adoption of any portion of such market practice is not administratively feasible or if Bank determines that no market practice for the administration of any such rate exists, in such other manner of administration as Bank decides the Administrative Agent determines is reasonably necessary in connection with the administration of this Note Amendment and the any other Loan Documents). Document). View More
View Variations
Conforming Changes. Any technical, administrative or operational changes (including changes to the definition of "Business Day," the definition of "U.S. Government Securities Business Day", timing and frequency of determining rates and making payments of interest, timing of borrowing requests or other notices, the applicability and length of lookback periods, and other technical, administrative or operational matters) that the Lender decides may be appropriate to reflect the adoption and implementation of any such... rate and to permit the administration thereof by the Lender in such manner as the Lender shall reasonably select View More
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