Common use of Deposits Unavailable or Interest Rate Unascertainable Clause in Contracts

Deposits Unavailable or Interest Rate Unascertainable. (a) If M&I is advised that deposits in dollars (in the applicable amount) are not being offered to banks in the relevant market for an Interest Period, or M&I otherwise determines (which determination shall be binding and conclusive on all parties) that by reason of circumstances affecting the interbank London Eurodollar market adequate and reasonable means do not exist for ascertaining the applicable LIBOR; or

Deposits Unavailable or Interest Rate Unascertainable. (a) If M&I is advised that deposits in dollars (in the applicable amount) are not being offered to banks in the relevant market for an Interest Perioda period of one (1) calendar month, or M&I otherwise determines (which determination shall be binding and conclusive on all parties) that by reason of circumstances affecting the interbank London Eurodollar market adequate and reasonable means do not exist for ascertaining the applicable LIBORInterbank Rate; or

Deposits Unavailable or Interest Rate Unascertainable. (a) If M&I is advised that deposits in dollars (in the applicable amount) are not being offered to banks in the relevant market for an Interest Perioda one-month period, or M&I otherwise determines (which determination shall be binding and conclusive on all parties) that by reason of circumstances affecting the interbank London Eurodollar market adequate and reasonable means do not exist for ascertaining the applicable LIBOR; or

Deposits Unavailable or Interest Rate Unascertainable. (a) If M&I Lender is advised that deposits in dollars (in the applicable amount) are not being offered to banks in the relevant market for an Interest Perioda period of one (1) calendar month, or M&I Lender otherwise determines (which determination shall be binding and conclusive on all parties) that by reason of circumstances affecting the interbank London Interbank Eurodollar market adequate and reasonable means do not exist for ascertaining the applicable LIBORInterbank Rate; or

Deposits Unavailable or Interest Rate Unascertainable. (ai) If M&I a Bank is advised that deposits in dollars (in the applicable amount) are not being offered to banks in the relevant market for an Interest Perioda period of one (1) calendar month, or M&I a Bank otherwise determines (which determination shall be binding and conclusive on all parties) that by reason of circumstances affecting the interbank London Eurodollar market adequate and reasonable means do not exist for ascertaining the applicable LIBORAdjusted LIBOR Rate; or