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

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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: Dynagas LNG Partners LP

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: Facilities Lease 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 BanksBanks (provided that at least two (2) Reference Banks provide a quotation).

Appears in 1 contract

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

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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: 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 Banks.Banks (provided that at least two (2) Reference Banks provide a quotation). - 53 - CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement

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