Absence of quotations. Subject to Clause 11.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 3 contracts
Samples: Facility Agreement (Standard Commercial Corp), Facility Agreement (Inveresk Research Group Inc), Committed Multicurrency Revolving Facility Agreement (Marconi Corp PLC)
Absence of quotations. Subject to Clause 11.2 clause 12.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 3 contracts
Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (Navios Maritime Holdings Inc.)
Absence of quotations. Subject to Clause 11.2 (Market disruption), if EURIBOR or, if applicable, LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable EURIBOR or LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 3 contracts
Samples: Term Loan Facilities Agreement (Linde AG), Facility Agreement (Sanofi Synthelabo Sa), Facility Agreement (Sanofi Synthelabo Sa)
Absence of quotations. Subject to Clause 11.2 12.2 (Market disruptionDisruption), if EURIBOR or, if applicable, LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable EURIBOR or LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 2 contracts
Samples: Term Facilities and Revolving Credit Agreement (SGL Carbon Aktiengesellschaft), Term Facilities and Revolving Credit Agreement (SGL Carbon Aktiengesellschaft)
Absence of quotations. Subject to Clause 11.2 clause 13.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time time specified in clause 1.17 on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 2 contracts
Samples: Loan Agreement (Drdgold LTD), Loan Agreement (Durban Roodepoort Deep LTD)
Absence of quotations. Subject to Clause 11.2 14.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified 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: Revolving Credit Agreement (Pride International Inc)
Absence of quotations. Subject to Clause 11.2 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation when requested by the Specified Time on the Quotation DayAgent, then the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 1 contract
Samples: Facility Agreement (Corporate Property Associates 16 Global Inc)
Absence of quotations. Subject to Clause 11.2 clause 10.2 (Market disruptionDisruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified 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
Absence of quotations. Subject to Clause 11.2 (Market disruption)10.2, if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified 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: Wassa Project Facility Agreement (Golden Star Resources LTD)
Absence of quotations. Subject to Clause 11.2 12.2 (Market disruption), if LIBOR or, if applicable, EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 1 contract
