Common use of Alternative rate of interest during market disruption Clause in Contracts

Alternative rate of interest during market disruption. For so long as the circumstances falling within Section 11.3 are continuing, the rate of interest on each Lender’s share of the applicable Advance for the Interest Period shall be the percentage rate per annum which is the aggregate of (i) the rate notified to the Facility Agent by that Lender as soon as practicable and in any event before interest is due to be paid in respect of that Interest Period, to be that which expresses as a percentage rate per annum the cost to that Lender of funding its participation in the Facility from whatever source it may reasonably select, (ii) the Margin, and (iii) Mandatory Costs, if any.

Alternative rate of interest during market disruption. For so long as the circumstances falling within Section 11.3 are continuing, the rate of interest on each Lender’s share of the applicable Advance Loan for the Interest Period shall be the percentage rate per annum which is the aggregate of (i) the rate notified to the Facility Agent by that Lender as soon as practicable and in any event before interest is due to be paid in respect of that Interest Period, to be that which expresses as a percentage rate per annum the cost to that Lender of funding its participation in the Facility Loan from whatever source it may reasonably select, and (ii) the Margin, and (iii) Mandatory Costs, if any.

Alternative rate of interest during market disruption. For so long as the circumstances falling within Section 11.3 12.3 are continuing, the rate of interest on each Lender’s 's share of the applicable Advance Loan for the Interest Period shall be the percentage rate per annum which is the aggregate of (i) the rate notified to the Facility Agent by that Lender as soon as practicable and in any event before interest is due to be paid in respect of that Interest Periodsuch Lender, to be that which expresses as a percentage rate per annum the cost to that Lender of funding its participation in the Facility Loan from whatever source it may reasonably select, (ii) the Margin, and (iii) Mandatory Costs, if any.

Alternative rate of interest during market disruption. For so long as the circumstances falling within Section 11.3 are continuing, the rate of interest on each Lender’s share of the applicable Advance Loan for the Interest Period shall be the percentage rate per annum which is the aggregate of (i) the rate notified to the Facility Agent by that Lender as soon as practicable and in any event before interest is due to be paid in respect of that Interest Period, to be that which expresses as a percentage rate per annum the cost to that Lender of funding its participation in the Facility Loan from whatever source it may reasonably select, (ii) the Margin, and (iii) Mandatory Costs, if any.