Common use of Alternative Basis by Agreement Clause in Contracts

Alternative Basis by Agreement. Immediately following any notification given by the Lender under Clause 6.1, the parties hereto shall negotiate in good faith with a view to agreeing upon an alternative basis for funding any proposed Loan and determining the applicable interest rate, periods and payment dates. If an alternative basis is agreed in writing within a period of thirty (30) days after such notification or such longer period for discussion as the parties may agree, the alternative basis shall take effect in accordance with its terms.

Appears in 1 contract

Samples: Facility Agreement (Focus Media Holding LTD)

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Alternative Basis by Agreement. Immediately following any notification given by such notification, the Borrower and the Lender under Clause 6.1, the parties hereto shall negotiate in good faith with a view to agreeing upon an alternative basis for funding any proposed the Loan and determining the applicable interest rate, periods and payment dateswhich alternative basis shall, for the avoidance of any doubt, include adjustment of the applicable Margin. If an alternative basis is agreed in writing within a period of thirty Thirty (30) days after such notification or such longer period for discussion as the parties Borrower and the Lender may agree, the alternative basis shall take effect in accordance with its terms.

Appears in 1 contract

Samples: Loan Agreement (Hanwha Q CELLS Co., Ltd.)

Alternative Basis by Agreement. Immediately following any notification given by the Lender under Clause 6.1such notification, the parties hereto Borrower and Agent, in consultation with Lender, shall negotiate in good faith with a view to agreeing upon an alternative basis for funding any proposed the Loan and determining the applicable interest rate, periods and payment dates. If an alternative basis is agreed in writing within a period of thirty (30) days after such notification or such longer period for discussion as the parties Borrower and Agent may agree, the alternative basis shall take effect in accordance with its terms.

Appears in 1 contract

Samples: Loan Agreement (Amkor Technology Inc)

Alternative Basis by Agreement. Immediately following any notification given by As soon as practicable after such notification, the Borrower and the Lender under Clause 6.1, the parties hereto shall negotiate in good faith with a view to agreeing upon an alternative basis for funding any proposed the Loan and determining the applicable interest rate, periods and payment dates. If an alternative basis is agreed in writing within a period of thirty (30) 30 days after such notification or such longer period for discussion negotiation as the parties may agree, the alternative basis shall take effect in accordance with its terms.

Appears in 1 contract

Samples: Subordinated Loan Agreement (Harvest Natural Resources Inc)

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Alternative Basis by Agreement. Immediately following any notification given by the Lender under Clause 6.1As soon as practicable after such notification, the parties hereto Borrower and the Bank shall negotiate in good faith with a view to agreeing upon an alternative basis for funding any proposed Loan the Facility and determining the applicable interest rate, periods and payment dates. If an alternative basis is agreed in writing within a period of thirty (30) 30 days after such notification or such longer period for discussion negotiation as the parties Parties may agree, the alternative basis shall take effect in accordance with its terms.

Appears in 1 contract

Samples: Loan Agreement (Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia TBK)

Alternative Basis by Agreement. Immediately following any notification given by the Lender under Clause 6.1such notification, the parties hereto shall negotiate in good faith with a view to agreeing upon an alternative basis for funding any proposed the Loan and determining the applicable interest rate, periods and payment dates. If an alternative basis is agreed in writing within a period of thirty (30) days after such notification or such longer period for discussion as the parties may agree, the alternative basis shall take effect in accordance with its terms.

Appears in 1 contract

Samples: Loan Agreement (Mindray Medical International LTD)

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