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

CHANGES TO THE CALCULATION OF INTEREST. 12.1 Unavailability of Term SOFR (a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Term SOFR is available for the Interest Period of a Term SOFR Rate Loan, the applicable Term SOFR Reference Rate shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.

CHANGES TO THE CALCULATION OF INTEREST. 12.1 4.1 Unavailability of Term SOFR (a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Term SOFR is available for the Interest Period of a Term SOFR Rate Loan, the applicable Term SOFR Reference Rate shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.

CHANGES TO THE CALCULATION OF INTEREST. 12.1 4.1 Unavailability of Term SOFR (a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Term SOFR is available for the Interest Period of a Term SOFR Rate Loan, the applicable Term SOFR Reference Rate shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.

CHANGES TO THE CALCULATION OF INTEREST. 12.1 10.1 Unavailability of Term SOFR (a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Term SOFR is not available for the Interest Period of a Term SOFR Rate LoanLoan in the Base Currency, the applicable Term SOFR Reference Rate for such Interest Period shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.

CHANGES TO THE CALCULATION OF INTEREST. 12.1 10.1 Unavailability of Term SOFRReference Rate (a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Reference Rate is available for Term SOFR is available for the Interest Period of a Term SOFR Rate Loan, the applicable Term SOFR Reference Rate shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.