Common use of Change of Reference Banks Clause in Contracts

Change of Reference Banks. If any Reference Bank ceases to provide quotations to the Facility Agent for the purposes of determining LIBOR (where such quotations are required having regard to the definition of “LIBOR” in clause 1.2), the Facility Agent may, acting on the instructions of the Majority Lenders and with the consent of the Borrower (such consent not to be unreasonably withheld), terminate the appointment of such Reference Bank and appoint another Lender to replace such Reference Bank.

Change of Reference Banks. If any Reference Bank ceases to provide quotations to the Facility Bank Agent for the purposes of determining LIBOR (where such quotations are required having regard to the definition of “LIBOR” in clause 1.2), the Facility Bank Agent may, acting on the instructions of the Majority Lenders Banks and with the consent of the Borrower (such consent not to be unreasonably withheld), terminate the appointment of such Reference Bank and appoint another Lender Bank to replace such Reference Bank.

Change of Reference Banks. If any Reference Bank ceases to provide quotations to the Facility Agent for the purposes of determining LIBOR (where such quotations are required having regard to or the definition of “LIBOR” in clause 1.2)Mandatory Cost, the Facility Agent may, acting on the instructions of the Majority Lenders and with the consent of the Borrower (such consent not to be unreasonably withheld)Banks, terminate the appointment of such Reference Bank and appoint another Lender Bank to replace such Reference Bank.

Change of Reference Banks. If any Reference Bank ceases to provide quotations to the Facility Agent for the purposes of determining LIBOR (where such quotations are required having regard to the definition of “LIBOR” in clause 1.2), the Facility Agent may, acting on the instructions of the Majority Lenders 107 and with the consent of the Borrower (such consent not to be unreasonably withheld), terminate the appointment of such Reference Bank and appoint another Lender to replace such Reference Bank.