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

CHANGES TO THE CALCULATION OF INTEREST. 14.1 Absence of quotations Subject to Clause 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 2 contracts

Samples: Agreement (Kronos International Inc), Agreement (Kronos International Inc)

AutoNDA by SimpleDocs

CHANGES TO THE CALCULATION OF INTEREST. 14.1 Absence of quotations Subject to Clause 14.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR EURIBOR is to be determined by reference to the Reference Banks but if 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 quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Facility Agreement (Inmarsat Holdings LTD), Agreement (Inmarsat Launch CO LTD)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 15.1 Absence of quotations Subject to Clause 14.2 15.2 (Market disruption), if LIBOR EURIBOR or, if applicable, EURI­BOR 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 or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Facilities Agreement (HeidelbergCement AG), Facilities Agreement (HeidelbergCement AG)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 10.1 Absence of quotations Subject to Clause 14.2 10.2 (Market disruption), if LIBOR orLIBOR, or if applicable, EURI­BOR 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 or about 11:00 am London time on the Quotation Day, the applicable LIBOR LIBOR, or if applicable, EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Agreement (Anthracite Capital Inc), Multicurrency Revolving Facility Agreement (Anthracite Capital Inc)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 13.1 Absence of quotations Subject to Clause 14.2 13.2 (Market disruption), if the applicable LIBOR or, if applicable, EURI­BOR is to be determined by reference to the Reference Banks Bank Quotation but a Reference Bank does not supply a quotation by the Specified Time 12 noon Amsterdam time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Agreement (Flex LNG Ltd.), Agreement (Flex LNG Ltd.)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 Absence of quotations Subject to Clause 14.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR EURIBOR 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 (London time) on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Agreement (Groupe Eurotunnel SA), Agreement (Groupe Eurotunnel SA)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 12.1 Absence of quotations Subject to Clause 14.2 12.2 (Market disruption), if LIBOR EURIBOR or, if applicable, EURI­BOR 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 or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Facility Agreement, Multicurrency Revolving Facility Agreement (Smithfield Foods Inc)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 12.1 Absence of quotations Quotations Subject to Clause 14.2 clause 12.2 (Market disruptionDisruption), if LIBOR or, if applicable, EURI­BOR 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Reuters Group PLC /Adr/

CHANGES TO THE CALCULATION OF INTEREST. 14.1 12.1 Absence of quotations Subject to Clause 14.2 12.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR 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 quotations of the remaining Reference BanksBank(s).

Appears in 1 contract

Samples: Senior Facilities Agreement (Yell Finance Bv)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 12.1 Absence of quotations Subject to Clause 14.2 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 noon (London time) on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (UTAC Holdings Ltd.)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 11.1 Absence of quotations Subject to Clause 14.2 11.2 (Market disruption), if LIBOR or, if applicableapplicable EURIBOR, 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (Cemex Sab De Cv)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 14.1. Absence of quotations Subject to Clause 14.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR in the case of a Facility B Loan, 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.LIBOR

Appears in 1 contract

Samples: Agreement (Paradigm Ltd.)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 18.1 Absence of quotations Subject to Clause 14.2 18.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (NDS Group PLC)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 15.1 Absence of quotations Subject to Clause 14.2 15.2 (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 11.00 a.m. (London time) on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Junior Facility Agreement (Endeavour International Corp)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 11.1 Absence of quotations Quotations Subject to Clause 14.2 11.2 (Market disruptionDisruption), if LIBOR or, if applicable, EURI­BOR 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Alpha Beta Netherlands Holding N.V.)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 11.1 Absence of quotations Subject to Clause 14.2 11.2 (Market disruption), if LIBOR EURIBOR or, if applicable, EURI­BOR 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 EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Sappi LTD)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 17.1 Absence of quotations Subject to Clause 14.2 17.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (BHP Billiton PLC)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 16.1 Absence of quotations Subject to Clause 14.2 16.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Carnival PLC)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 13.1 Absence of quotations Subject to Clause 14.2 13.2 (Market disruption), if LIBOR orLIBOR, or if applicable, EURI­BOR 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 or about 11:00 am on the Quotation Day, the applicable LIBOR LIBOR, or if applicable, EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Anthracite Capital Inc)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 22.1 Absence of quotations Subject to Clause 14.2 22.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Kronos International Inc)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 12.1 Absence of quotations Subject to Clause 14.2 12.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR 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 quotations of the remaining Reference Banks, such rates to be averaged and rounded up to four decimal places.

Appears in 1 contract

Samples: Agreement (Melrose PLC)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 11.1 Absence of quotations Subject to Clause 14.2 11.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR is to be EURIBOR 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Mitchells & Butlers PLC)

AutoNDA by SimpleDocs

CHANGES TO THE CALCULATION OF INTEREST. 14.1 15.1 Absence of quotations Subject to Clause 14.2 15.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time noon (12.00 p.m.) on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Credit Agreement (Axa Financial Inc)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 Absence of quotations Subject to Clause 14.2 (Market disruption), if LIBOR EURIBOR or, if applicable, EURI­BOR 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 EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (Sirona Dental Systems, Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 Absence of quotations Subject to Clause 14.2 16.2 (Market disruption), if EURIBOR or LIBOR or, if applicable, EURI­BOR (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 on the Quotation Day, the applicable EURIBOR or LIBOR or EURIBOR (as the case may be) shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (International Textile Group Inc)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 11.1 Absence of quotations Subject to Clause 14.2 11.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a A02583129/5.0/05 Feb 2003 Back to Contents quotation by the Specified Time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Six Continents PLC)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 15.1 Absence of quotations Subject to Clause 14.2 15.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time noon (12.00 p.m.) Paris time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Credit Agreement (Axa Financial Inc)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 11.1 Absence of quotations Subject to Clause 14.2 11.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR 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 11:00 a.m. (London time) on the Quotation DayDay for such Interest Period, the applicable LIBOR or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (SinoTech Energy LTD)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 17.1 Absence of quotations Subject to Clause 14.2 ‎17.2 (Market disruption), if LIBOR EURIBOR or, if applicable, EURI­BOR 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 or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Linde PLC

CHANGES TO THE CALCULATION OF INTEREST. 14.1 11.1 Absence of quotations Subject to Clause 14.2 11.2 (Market disruption), if EURIBOR or 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 EURIBOR or LIBOR or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Software AG, Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 13.1 Absence of quotations Subject to Clause 14.2 13.2 (Market disruptionDisruption), if LIBOR or, if or EURIBOR (as 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (Signet Jewelers LTD)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 13.1 Absence of quotations Subject to Clause 14.2 clause 13.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facility Agreement (Enstar Group LTD)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 12.1 Absence of quotations Subject to Clause 14.2 12.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR EURIBOR or NIBOR 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 or EURIBOR or NIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Endeavour International Corp)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 11.1 Absence of quotations Subject to Clause 14.2 clause 11.2 (Market disruption), if LIBOR or, if applicable, EURI­BOR 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 quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Ship Acquisition Inc.)

CHANGES TO THE CALCULATION OF INTEREST. 14.1 18.1 Absence of quotations Subject to Clause 14.2 11.2 (Market disruption), if LIBOR EURIBOR or, if applicable, EURI­BOR 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 or EURIBOR shall be determined on the basis of the quo­tations quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Discovery Communications, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.