Common use of CHANGES TO THE CALCULATION OF INTEREST Clause in Contracts

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 46 contracts

Samples: Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.), Assignment Agreement (Ocean Rig UDW Inc.), Facility Agreement (Scorpio Tankers Inc.)

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CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruption), if LIBOR or, if applicable, EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 27 contracts

Samples: www.sec.gov, Amendment and Restatement Agreement (Markit Ltd.), Facility Agreement (Aon Corp)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1 Absence of quotations Subject to Clause 10.2 12.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 12 contracts

Samples: Facilities Agreement (Igate Corp), Agreement (Fx Energy Inc), Facility Agreement (Giant Interactive Group Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruption), if LIBOR or EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 7 contracts

Samples: Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Syndicated Revolving Credit Agreement (Ibasis Inc), Credit Agreement (Koninklijke KPN N V)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations quotation Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks Banks, but a Reference Bank does not supply a quotation by the Specified Time 12:00 noon on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 5 contracts

Samples: Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Term Facility Agreement, Term Facility Agreement (KNOT Offshore Partners LP)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 5 contracts

Samples: Facility Agreement (Northstar Realty Finance Corp.), Facility Agreement (NorthStar Healthcare Income, Inc.), Agreement (Bunge LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 13.1 Absence of quotations Subject to Clause 10.2 13.2 (Market disruption), if EURIBOR or, if applicable, LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable EURIBOR or LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 5 contracts

Samples: Agreement (Lafarge), Agreement (Sap Aktiengesellschaft Systems Applications Products in Data), Agreement (Sap France S.A.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 14.1 Absence of quotations Subject to Clause 10.2 14.2 (Market disruption), if LIBOR or, if applicable, EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 5 contracts

Samples: Facility Agreement (Gulfmark Offshore Inc), Facility Agreement (Rockwood Holdings, Inc.), Law (Pernod Ricard S a /Fi)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 13.1 Absence of quotations Subject to Clause 10.2 13.2 (Market disruption), if LIBOR or, if applicable, EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 5 contracts

Samples: Agreement (Solutia Inc), Multicurrency Revolving Credit and Guarantee (Subsea 7 S.A.), Facilities Agreement (Coca-Cola Hellenic Bottling Co Sa)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time noon (local time) on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 5 contracts

Samples: Agreement (Alibaba Group Holding LTD), Facility Agreement (Alibaba Group Holding LTD), Facility Agreement (Alibaba Group Holding LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruption), if EURIBOR or, if applicable, LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable EURIBOR or LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 5 contracts

Samples: Agreement (Luxottica Group Spa), Facility Agreement (Luxottica Group Spa), Credit Facility Agreement (Sap Ag)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time noon (London time) on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 4 contracts

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 17.1 Absence of quotations Subject to Clause 10.2 17.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 4 contracts

Samples: Agreement (Shire PLC), Facilities Agreement (Shire Ltd.), Agreement (Shuttle Corp)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1 Absence of quotations Subject to Clause 10.2 12.2 (Market disruption), if LIBOR or, if applicable, EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 4 contracts

Samples: Facilities Agreement (Cemex Sab De Cv), Facilities Agreement (Cemex Sa De Cv), Facility Agreement (British Sky Broadcasting Group PLC)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 8.1 Absence of quotations Subject to Clause 10.2 (Market disruption)8.2, if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 3 contracts

Samples: Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 8.1 Absence of quotations Subject to Clause 10.2 8.2 (Market disruptionDisruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11:00 a.m. on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 3 contracts

Samples: www.sec.gov, Facility Agreement (Solar Power, Inc.), Solar Power, Inc.

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time noon on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 3 contracts

Samples: Facility Agreement (China Security & Surveillance Technology, Inc.), Agreement (China Security & Surveillance Technology, Inc.), Agreement (China Security & Surveillance Technology, Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11.00 am on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 3 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Scorpio Tankers Inc.), Secured Loan Agreement (Genco Shipping & Trading LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11:00 a.m. on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 3 contracts

Samples: Agreement (Mobile Telesystems Ojsc), Agreement (Mobile Telesystems Ojsc), Agreement (Mobile Telesystems Ojsc)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 7.1 Absence of quotations Subject to Clause 10.2 7.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11 am (London time) on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Facility Agreement (Tower Group International, Ltd.), Letter of Credit Facility Agreement (Tower Group International, Ltd.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1 Absence of quotations Subject to Clause 10.2 12.2 (Market disruption), if LIBOR for the Loan and any Interest Period relating thereto is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation DayDay for the currency of the Loan and such Interest Period, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruptionDisruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation DayDate, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Facility Agreement (Avolon Holdings LTD), Facility Agreement (Avolon Holdings LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1 Absence of quotations Subject to Clause 10.2 12.2 (Market disruption), if LIBOR is to be determined by reference to the Base Reference Banks but a Base Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Base Reference Banks.

Appears in 2 contracts

Samples: Supplemental Agreement (Iridium Communications Inc.), Agreement (Cascal N.V.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 13.1 Absence of quotations Subject to Clause 10.2 clause 13.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a up to four Reference Bank does Banks do not supply a quotation by the Specified Time on the Quotation DayTime, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Facility Agreement (Kosmos Energy Ltd.), Common Terms Agreement (Kosmos Energy Ltd.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11.00am on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Agreement (Coeur D Alene Mines Corp), Agreement (Coeur D Alene Mines Corp)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11:00 a.m. Amsterdam time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1. Absence of quotations Subject to Clause 10.2 12.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11.00 a.m. on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Facilities Agreement (Genesco Inc), Facilities Agreement (Genesco Inc)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 clause 11.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank Banks does not supply a quotation by the Specified Time on the Quotation DayTime, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Charge Over (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), ) if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 12:00 hours on the Quotation Day, the applicable LIBOR shall will be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Assignment Agreement (DHT Holdings, Inc.), Assignment Agreement (DHT Holdings, Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11:00 a.m. on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Facility Agreement (Westway Group, Inc.), Agreement (Reckitt Benckiser Group PLC)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 8.1 Absence of quotations Subject to Clause 10.2 8.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11 am (London time) on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: First Amendment Agreement (Aspen Insurance Holdings LTD), Multicurrency Letter of Credit Facility Agreement (Aspen Insurance Holdings LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruption), if the LIBOR is to be determined by reference to the Reference Banks Bank(s) but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference BanksBank(s).

Appears in 1 contract

Samples: Facility Agreement (Gold Fields LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 15.1 Absence of quotations Subject to Clause 10.2 15.2 (Market disruption), if LIBOR is to be determined by reference to the Base Reference Banks but a Base Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Base Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (ShangPharma Corp)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11:00 a.m. on the Quotation Day, the applicable LIBOR shall be determined by the Lender on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Term Facility Agreement (Nii Holdings Inc)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR or SHIBOR (as the case may be) is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time noon on the Quotation Day, the applicable LIBOR or SHIBOR (as the case may be) shall be determined on the basis of the quotations of the remaining Reference Banks.. HRBN - Term Loan Facility Agreement

Appears in 1 contract

Samples: Facility Agreement (Harbin Electric, Inc)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11:00 a.m. (London time) on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Sesa Sterlite LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if US$ LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable US$ LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Share Pledge Agreement (General Geophysics Co)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Randgold Resources LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 β€Ž10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time noon (London time) on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Shanda Media LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1 Absence of quotations Subject to Clause 10.2 12.2 (Market disruption), if interest is calculable by reference to the Reference Bank Rate or LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR Reference Bank Rate or LIBOR, as the case may be, shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Octel Corp)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 16.1 Absence of quotations Subject to Clause 10.2 16.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1 Absence of quotations Subject to Clause 10.2 12.2 (Market disruption), ) if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruption), if the LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Micron Technology Inc)

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CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks Bank but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference BanksBank.

Appears in 1 contract

Samples: Agreement (Geologistics Corp)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 18.1 Absence of quotations Subject to Clause 10.2 18.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (Shire Pharmaceuticals Group PLC)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations 28 Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 10:00 a.m. on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Ocean Rig UDW Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR for any sum and any Interest Period relating thereto is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time noon (London time) on the Quotation DayDay for such Interest Period, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (WuXi PharmaTech (Cayman) Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR or shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Centerpulse LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1 Absence of quotations Subject to Clause 10.2 12.2 (Market disruption), if LIBOR for any Loan and any Interest Period relating thereto is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation DayDay for the currency of such Loan and such Interest Period, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (RISE Education Cayman LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 12.00 (local time) on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Eagle Bulk Shipping Inc.

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but (or a Reference Bank does Bank) but at least two Reference Banks (or in the case where there is one Reference Bank, that Reference Bank) do not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Assignment Agreement (DryShips Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on or about 11am London time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Anthracite Capital Inc)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on or about 11:00 am London time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Cemex Sab De Cv)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 9.1 Absence of quotations Subject to Clause 10.2 9.2 (Market disruption), Disruption) if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time not later than 11:00 hours on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Bridge Loan Facility Agreement (SeaDrill LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 14.1 Absence of quotations Subject to Clause 10.2 (Market disruption)14.2, if the applicable LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (SAVVIS, Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1 Absence of quotations Subject to Clause 10.2 12.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR rate shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Mgo Facility Agreement

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Bank Rate, if one or more Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Term Facilities Agreement (Sanofi-Aventis)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations 11.1 ABSENCE OF QUOTATIONS Subject to Clause 10.2 11.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Multicurrency Term and Revolving Facilities Agreement (Octel Corp)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1 Absence of quotations Subject to Clause 10.2 clause 12.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Enstar Group LTD

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 clause 11.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation DayTime, the applicable LIBOR shall be determined on the basis of the quotations of the remaining any other Reference Banks.

Appears in 1 contract

Samples: Credit Facility Agreement (Kosmos Energy Ltd.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time noon on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (3SBio Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 10:00 a.m. on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (DryShips Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11:00 hours on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Assignment Agreement (NORDIC AMERICAN TANKERS LTD)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 13.1 Absence of quotations Subject to Clause 10.2 13.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Assignment Agreement (Shire PLC)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruptionDisruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time noon on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Credit Agreement (Platform Specialty Products Corp)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.. Table of Contents

Appears in 1 contract

Samples: Stats Chippac Ltd.

CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11:00 a.m. London time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 12.1 Absence of quotations Subject to Clause 10.2 12.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time 11.00 a.m. on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1. Absence of quotations Subject to Clause 10.2 11.2 (Market disruption), if EURIBOR or, if applicable, LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable EURIBOR or LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Luxottica Group Spa)

CHANGES TO THE CALCULATION OF INTEREST. 10.1 11.1 Absence of quotations Subject to Clause 10.2 11.2 (Market disruptionDisruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Signet Group PLC)

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