Common use of EURODOLLAR DEPOSITS UNAVAILABLE OR INTEREST RATE UNASCERTAINABLE Clause in Contracts

EURODOLLAR DEPOSITS UNAVAILABLE OR INTEREST RATE UNASCERTAINABLE. If the Company has any Eurodollar Loan outstanding, or has notified the Agent of its intention to incur a Eurodollar Loan as provided herein, then in the event that prior to any Interest Period any Bank shall have determined (which determination shall be conclusive and binding on the parties hereto) that deposits of the necessary amount for the relevant Interest Period are not available to such Bank in the interbank Eurodollar market or that, by reason of circumstances affecting such market, adequate and reasonable means do not exist for ascertaining the Interbank Rate applicable to such Interest Period, such Bank shall promptly give notice of such determination to the Company, the Agent and the other Banks, and (i) any notice of new Eurodollar Loans previously given by the Company and not yet borrowed shall be deemed a notice to make Reference Rate Loans and (ii) the Company shall be obligated either to prepay or to convert any outstanding Eurodollar Loans to Reference Rate Loans on the last day of the then current Interest Period with respect thereto, subject to the provisions of Section 7.1.

EURODOLLAR DEPOSITS UNAVAILABLE OR INTEREST RATE UNASCERTAINABLE. If the Company has In respect of any Eurodollar Loan outstandingLoan, or has notified the Agent of its intention to incur a Eurodollar Loan as provided herein, then in the event that prior to any Interest Period any Bank Agent shall have determined (which determination shall be conclusive and binding on that for Eurodollar Loans, that Dollar deposits in the parties hereto) that deposits of the necessary relevant amount for the relevant Interest Period for such Eurodollar Loan are not available to such Bank Agent in the interbank applicable Eurodollar market market, or that, by reason of circumstances affecting such market, adequate and reasonable means do not exist for ascertaining the Interbank applicable LIBOR Rate applicable to such Interest Period, such Bank as the case may be, Agent shall promptly give notice of such determination to the Company, the Agent and the other Banks, Borrower and (ia) any notice of a new Eurodollar Loans Loan (or conversion of an existing Base Rate Loan to a Eurodollar Loan) previously given by the Company any Borrower and not yet borrowed (or converted, as the case may be) shall be deemed a notice to make Reference a Base Rate Loans Loan, and (iib) the Company Borrower shall be obligated either to prepay prepay, or with respect to a Eurodollar Loan, to convert to a Base Rate Loan, any outstanding Eurodollar Loans to Reference Rate Loans Loan on the last day of the then current Interest Period with respect thereto, subject to the provisions of Section 7.1.

EURODOLLAR DEPOSITS UNAVAILABLE OR INTEREST RATE UNASCERTAINABLE. If the Company has any Eurodollar Loan outstanding, or has notified the Administrative Agent of its intention to incur a Eurodollar Loan as provided herein, then in the event that prior to any Interest Period any Bank shall have determined (which determination shall be conclusive and binding on the parties hereto) that deposits of the necessary amount for the relevant Interest Period are not available to such Bank in the interbank Eurodollar market or that, by reason of circumstances affecting such market, adequate and reasonable means do not exist for ascertaining the Interbank Rate applicable to such Interest Period, such Bank shall promptly give notice of such determination to the Company, the Administrative Agent and the other Banks, and (i) any notice of new Eurodollar Loans previously given by the Company and not yet borrowed shall be deemed a notice to make Reference Rate Loans and (ii) the Company shall be obligated either to prepay or to convert any outstanding Eurodollar Loans to Reference Rate Loans on the last day of the then current Interest Period with respect thereto, subject to the provisions of Section 7.1.8.1. (c)