Common use of Absence of quotations Clause in Contracts

Absence of quotations. Subject to Clause 6.2, if LIBOR is to be determined by reference to the Reference Xxxxx but a Reference Bank does not supply a quotation by 11.00 a.m. London time, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 16 contracts

Samples: Secured Loan Agreement (NCL CORP Ltd.), Revolving Loan Facility Agreement (NCL CORP Ltd.), Revolving Loan Facility Agreement (NCL CORP Ltd.)

AutoNDA by SimpleDocs

Absence of quotations. Subject to Clause 6.2clause 10.2, if LIBOR is to be determined by reference to the Reference Xxxxx Banks but a Reference Bank does not supply a quotation by 11.00 a.m. 11:00 am (London time) on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Genesis Lease LTD)

Absence of quotations. Subject to Clause 6.2Section 2.15, if LIBOR is to be determined by reference to the Reference Xxxxx Banks but a Reference Bank does not supply a quotation to the Facility Agent by 11.00 a.m. 12:00 noon (London time) one (1) London Business Day after the Quotation Day, the applicable then LIBOR shall be determined on the basis of the quotations of the remaining Reference BanksBanks (provided that at least two (2) Reference Banks provide a quotation).

Appears in 1 contract

Samples: Credit Agreement (Home Inns & Hotels Management Inc.)

Absence of quotations. Subject to Clause 6.2Section 8.8 (Market Disruption), if LIBOR is to be determined by reference to the JBIC Reference Xxxxx Banks but a JBIC Reference Bank does not supply a quotation by 11.00 a.m. 12:00 noon (London time) on the London Quotation Date therefor, the applicable LIBOR shall be determined on the basis of the quotations of the remaining JBIC Reference Banks.

Appears in 1 contract

Samples: Jbic Facility Agreement (Ormat Technologies, Inc.)

Absence of quotations. Subject to Clause 6.25.6, if LIBOR is to be determined by reference to the Reference Xxxxx Banks but a Reference Bank does not supply a quotation by 11.00 a.m. London time11:00am on the Quotation Date, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Loan Agreement (Dynagas LNG Partners LP)

AutoNDA by SimpleDocs

Absence of quotations. Subject to Clause 6.25.6, if LIBOR is to be determined by reference to the Reference Xxxxx Banks but a Reference Bank does not supply a quotation by 11.00 a.m. London time11.00am on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Credit Agreement (New Gold Inc. /FI)

Absence of quotations. Subject to Clause 6.2Section 2.15, if LIBOR is to be determined by reference to the Reference Xxxxx Banks but a Reference Bank does not supply a quotation to the Facility Agent by 11.00 a.m. 12:00 noon (London time) one (1) London Business Day after the Quotation Day, the applicable then LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.Banks (provided that at least two (2) Reference Banks provide a quotation). - 53 - CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!