Changes in market circumstances. If at any time a Bank determines (which determination shall be final and conclusive and binding on the Borrower) that, by reason of changes affecting the London Interbank market, adequate and fair means do not exist for ascertaining the rate of interest on the Facility or any part thereof pursuant to this Agreement:-
Appears in 4 contracts
Samples: Loan Facility Agreement, Loan Facility Agreement (Stolt Comex Seaway S A), Loan Facility Agreement (Teekay Offshore Partners L.P.)
Changes in market circumstances. If at any time a Bank Lender determines (which determination shall be final and conclusive and binding on the Borrower) that, by reason of changes affecting the London Interbank market, adequate and fair means do not exist for ascertaining the rate of interest on the Facility Loan or any part thereof pursuant to this Agreement:-Agreement:
Appears in 4 contracts
Samples: Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.)
Changes in market circumstances. If at any time a Bank the Lender determines (which determination shall be final and conclusive and binding on the Borrower) that, by reason of changes affecting the London Interbank interbank market, adequate and fair means do not exist for ascertaining determining the rate of interest on the Facility or Loan for any part thereof pursuant to this Agreement:-Interest Period:
Appears in 2 contracts
Samples: Loan Agreement (Top Ships Inc.), Loan Agreement (DryShips Inc.)
Changes in market circumstances. If at any time a Bank determines (which determination shall be final and conclusive and binding on the BorrowerBorrowers) that, by reason of changes affecting the London Interbank market, adequate and fair means do not exist for ascertaining the rate of interest on the Facility or any part thereof Loan pursuant to this Agreement:-
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
