Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant Rate Fixing Day, the applicable LIBOR shall, subject to Clause 14.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 4 contracts
Samples: Revolving Credit Facility (Spirent PLC), Credit Agreement (Spirent PLC), Multicurrency Revolving Credit Facility (Ti Group PLC)
Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR shall, subject to Clause 14.2 12.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference BanksBank(s).
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Teekay LNG Partners L.P.)
Absence of quotations. If LIBOR or EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR or EURIBOR shall, subject to Clause 14.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 2 contracts
Samples: Facility Agreement (Adecco Sa), Loan Agreement (Adecco Sa)
Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on two Business Days before the relevant Rate Fixing Dayfirst day of an Interest Period, the applicable LIBOR shall, subject to Clause 14.2 12.2 (Market disruptionDisruption), be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 2 contracts
Samples: Senior Facility Agreement, Senior Facility Agreement (Century Aluminum Co)
Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR shall, subject to Clause 14.2 12.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 1 contract
Absence of quotations. If LIBOR is to be being determined by reference to quotations by the Reference Banks but and a Reference Bank does not supply an offered rate by 11.30 a.m. on 1:00 p.m. two Business Days before the first day of the relevant Rate Fixing DayInterest Period, the applicable LIBOR shall, subject to Clause 14.2 12.3 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 1 contract
Samples: Revolving Facility Agreement (Vishay Precision Group, Inc.)
Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR shall, subject to Clause 14.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 1 contract
Samples: Facilities Agreement (Autoliv Inc)
Absence of quotations. If LIBOR or EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR or EURIBOR shall, subject to Clause 14.2 15.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 1 contract
Samples: Credit Agreement (Adecco Sa)
Absence of quotations. If LIBOR LIBOR, EURIBOR or XXXXXX is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR LIBOR, EURIBOR or XXXXXX shall, subject to Clause 14.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 1 contract
Samples: Facilities Agreement (Autoliv Inc)
Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR shall, subject to Clause 14.2 13.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.
Appears in 1 contract
Samples: Syndicated Bridge Loan Facility (Anglogold Ashanti LTD)