Alternative basis of interest or funding. If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.
Appears in 3 contracts
Samples: Facility Agreement (Kosmos Energy Ltd.), Deed of Amendment and Restatement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.)
Alternative basis of interest or funding. If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.
Appears in 2 contracts
Samples: Term Loan Facility Agreement (GDS Holdings LTD), Term Loan Facility Agreement (GDS Holdings LTD)
Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.
Appears in 2 contracts
Samples: Facility Agreement (Bunge LTD), Credit Agreement (Sappi LTD)
Alternative basis of interest or funding. If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.
Appears in 2 contracts
Samples: Amendment Agreement (Promotora De Informaciones Sa /Fi), Syndicated Multicurrency Term Loan Facility Agreement (Sap France S.A.)
Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower Borrowers so requiresrequire, the Facility Agent and the relevant Borrower Borrowers shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.
Appears in 2 contracts
Samples: Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.), Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.)
Alternative basis of interest or funding. If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than 30 (thirty days)) with a view to agreeing a substitute basis for determining the rate of interest, failing which the provisions of clause 6.3.5 shall continue to apply.
Appears in 1 contract
Alternative basis of interest or funding. If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than 30 (thirty days)) with a view to agreeing a substitute basis for determining the rate of interest.
Appears in 1 contract
Alternative basis of interest or funding. If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest, failing which the provisions of clause 7.5 (Market Disruption) shall continue to apply.
Appears in 1 contract
Samples: Revolving Credit Facility Agreement (Harmony Gold Mining Co LTD)
Alternative basis of interest or funding. (a) If a Market Disruption Event market disruption event occurs and the Facility Agent or the relevant Borrower so requiresrequire, the Borrower and the Facility Agent and the relevant Borrower shall must enter into negotiations (for a period of not more than thirty days(30) days with a view to agreeing a substitute to an alternative basis for determining the rate of interestinterest and/or funding for the affected Loan and any future Loan.
Appears in 1 contract
Alternative basis of interest or funding. If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than 30 (thirty days)) with a view to agreeing a substitute basis for determining the rate of interest, failing which the provisions of clause 5.6 shall continue to apply.
Appears in 1 contract
Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower Borrowers so requiresrequire, the Facility Agent and the relevant Borrower Borrowers shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.
Appears in 1 contract
Alternative basis of interest or funding. If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.
Appears in 1 contract
Alternative basis of interest or funding. If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall shall, without prejudice to the operation of Clause 12.2 (Market disruption), enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.
Appears in 1 contract
Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp)
Alternative basis of interest or funding. If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than thirty 30 (thirty) days) with a view to agreeing a substitute basis for determining the rate of interest, failing which the provisions of clause 7.5 (Market Disruption) shall continue to apply.
Appears in 1 contract
Samples: Term and Revolving Credit Facilities Agreement (Harmony Gold Mining Co LTD)
