Common use of Benchmark Event Clause in Contracts

Benchmark Event. Notwithstanding the provisions above in this Condition 5.2, if a Benchmark Event occurs in relation to an Original Reference Rate, then the following provisions shall apply:

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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Benchmark Event. Notwithstanding the provisions above in this Condition 5.2, if the relevant Issuer determines that a Benchmark Event occurs has occurred in relation to an Original Reference Rate at any time when the Conditions provide for any Rate of Interest (or any component part thereof) to be determined by reference to such Original Reference Rate, then the following provisions shall apply:

Appears in 1 contract

Samples: Agency Agreement

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Benchmark Event. Notwithstanding the provisions above in this of Condition 5.24(b) above, if a Benchmark Event occurs in relation to an Original Reference Rate, then the following provisions shall apply:

Appears in 1 contract

Samples: Agency Agreement

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