Common use of Absence of quotations Clause in Contracts

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 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.

Absence of quotations. If EURIBOR, LIBOR or EURIBOR PIBOR 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. (London time in the case of LIBOR Reference Banks) on a the relevant Rate Fixing Day, the applicable EURIBOR, LIBOR or EURIBOR PIBOR shall, subject to Clause 14.2 (Market disruption)13.2, be determined on the basis of the quotations of the remaining Reference Banks.

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 a Rate Fixing Day, the applicable LIBOR or EURIBOR shall, subject to Clause 14.2 13.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

Absence of quotations. If LIBOR LIBOR, EURIBOR or EURIBOR 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 a Rate Fixing Day, the applicable LIBOR LIBOR, EURIBOR or EURIBOR XXXXXX shall, subject to Clause 14.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

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 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.

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 a Rate Fixing Day, the applicable LIBOR or EURIBOR shall, subject to Clause 14.2 12.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

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 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.