Changes in Market. circumstances If at any time a Bank determines (which determination shall be final and conclusive and binding on the Borrowers) 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 Loan pursuant to this Agreement:-
Appears in 2 contracts
Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (Mc Shipping Inc)
Changes in Market. circumstances If at any time a Bank determines (which determination shall be final and conclusive and binding on the BorrowersBorrower) 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 Loan Facility or any part thereof pursuant to this Agreement:-
Appears in 2 contracts
Samples: First Supplemental Agreement (Gulfmark Offshore Inc), Gulfmark Offshore Inc
Changes in Market. circumstances If at any time a Bank Lender determines (which determination shall be final and conclusive and binding on the Borrowers) 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 Loan Facility or any part thereof pursuant to this Agreement:-
Appears in 1 contract
Samples: 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 BorrowersBorrower) 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 Loan pursuant to this Agreement:-a Drawing for any Interest Period:
Appears in 1 contract
Samples: Loan Agreement (Safe Bulkers, Inc.)
