Common use of Alternative Reference Bank Rate Clause in Contracts

Alternative Reference Bank Rate. (a) If a Market Disruption Event occurs, the Facility Agent shall as soon as is practicable request each of the Alternative Reference Banks to supply to it the rate at which that Alternative Reference Bank could have borrowed funds in the relevant currency and for the relevant period in the London interbank market or, in relation to an Advance in euro, the European interbank market at or about 11:00 a.m. or, in relation to an Advance in euro, at or about 11:00 a.m. (Brussels time) on the Quotation Date for the Interest Period of that Advance, were it to have done so by asking for and then accepting interbank offers for deposits in reasonable market size in the currency of that Advance and for a period comparable to the Interest Period of that Advance.

Appears in 4 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Agreement (Virgin Media Inc.)

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Alternative Reference Bank Rate. (a) If a Market Disruption Event occurs, the Facility Agent shall as soon as is practicable request each of the Alternative Reference Banks to supply to it the rate at which that Alternative Reference Bank could have borrowed funds in the relevant currency and for the relevant period in the London interbank market or, in relation to an Advance a Loan in euroEuro, the European interbank market at or about 11:00 a.m. or, in relation to an Advance a Loan in euroEuro, at or about 11:00 a.m. (Brussels time) on the Quotation Date Day for the Interest Period of that AdvanceLoan, were it to have done so by asking for and then accepting interbank offers for deposits in reasonable market size in the currency of that Advance Loan and for a period comparable to the Interest Period of that AdvanceLoan.

Appears in 2 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)

Alternative Reference Bank Rate. (a) If a an Market Disruption Event occurs, the Facility Agent shall as soon as is practicable request each of the Alternative Reference Banks to supply to it the rate at which that Alternative Reference Bank could have borrowed funds in the relevant currency and for the relevant period in the London interbank market or, in relation to an Advance a Loan or Alternative Loan in euro, the European interbank market at or about 11:00 a.m. or, in relation to an Advance a Loan or Alternative Loan in euro, at or about 11:00 a.m. (Brussels time) on the Quotation Date Day for the Interest Period of that AdvanceLoan or Alternative Loan, were it to have done so by asking for and then accepting interbank offers for deposits in reasonable market size in the currency of that Advance Loan or Alternative Loan and for a period comparable to the Interest Period of that AdvanceLoan or Alternative Loan.

Appears in 1 contract

Samples: Facilities Agreement (Manchester United Ltd.)

Alternative Reference Bank Rate. (a) If a Market Disruption Event occurs, the Facility Agent shall as soon as is practicable request each of the Alternative Reference Banks to supply to it the rate at which that Alternative Reference Bank could have borrowed funds in the relevant currency and for the relevant period in the London interbank market or, in relation to an Advance a Loan in euro, the European interbank market market, at or about 11:00 a.m. or, in relation to an Advance a Loan in euro, at or about 11:00 a.m. (Brussels time) ), on the Quotation Date Day for the Interest Period of that AdvanceLoan, were it to have done so by asking for and then accepting interbank offers for deposits in reasonable market size in the currency of that Advance Loan and for a period comparable to the Interest Period of that AdvanceLoan.

Appears in 1 contract

Samples: Agreement (BHP Billiton LTD)

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Alternative Reference Bank Rate. (a) If a Market Disruption Event occurs, the Facility Agent shall as soon as is practicable request each of the Alternative Reference Banks to supply to it the rate at which that Alternative Reference Bank could have borrowed funds in the relevant currency and for the relevant period in the London interbank market or, in relation to an Advance in euro, the European interbank market at or about 11:00 a.m. or, in relation to an Advance in euro, at or about 11:00 a.m. (Brussels time) on the Quotation Date for the Interest Period or Term of that Advance, were it to have done so by asking for and then accepting interbank offers for deposits in reasonable market size in the currency of that Advance and for a period comparable to the Interest Period or Term of that Advance.

Appears in 1 contract

Samples: Acquisition Facilities Agreement (Liberty Global PLC)

Alternative Reference Bank Rate. (a) If a Market Disruption Event occurs, the Facility Agent shall as soon as is practicable request each of the Alternative Reference Banks to supply to it the rate at which that Alternative Reference Bank could have borrowed funds in the relevant currency and for the relevant period in the London interbank market or, in relation to an Advance in euro, the European interbank market at or about 11:00 a.m. or, in relation to an Advance in euro, at or about 11:00 a.m. (Brussels time) on the Quotation Date for the Interest Period or Term of that Advance, were it to have done so by asking for and then accepting interbank offers for deposits 121 in reasonable market size in the currency of that Advance and for a period comparable to the Interest Period or Term of that Advance.

Appears in 1 contract

Samples: Senior Facilities Agreement (Liberty Global PLC)

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