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 11.00am (London time) on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

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 is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by 11.00am (on or about 11:00 am London time) time on the Quotation Day, the applicable LIBOR LIBOR, or if applicable, EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

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 is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by 11.00am (London time) 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.

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 is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by 11.00am (London 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 of the remaining Reference Banks.

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 11.00am (London time) the Specified Time on the Quotation Day, the applicable EURIBOR or LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

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 11.00am noon (London time12.00 p.m.) on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

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 is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by 11.00am (London time) 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.

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 11.00am noon (London time12.00 p.m.) Paris time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

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, if applicable, EONIA or EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by 11.00am (London time) the Specified Time on the Quotation Day, the applicable LIBOR LIBOR, EONIA or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

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 or NIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by 11.00am 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 of the remaining Reference Banks.

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 11.00am (London time) the Specified Time on the Quotation Day, the applicable EURIBOR or LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

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 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 11.00am (London time) 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.

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 11.00am (London time) the Specified Time on the Quotation Day, the applicable EURIBOR or LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.

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 is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by 11.00am (London time) 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.

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 11.00am (London time) 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 BanksBank(s).

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 11.00am (London time) 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.