Failure of a Reference Bank to. supply a rate If IBOR is to be calculated by reference to the Reference Banks but a Reference Bank does not supply a rate by 12.00 noon (local time) on a Rate Fixing Day, the applicable IBOR will, subject as provided below, be calculated on the basis of the rates of the remaining Reference Banks.
Appears in 9 contracts
Samples: Supplemental Agreement (Enodis PLC), Restatement Agreement (Mittal Steel Co N.V.), Amendment and Restatement Agreement (Smurfit Kappa Funding PLC)
Failure of a Reference Bank to. supply a rate If IBOR is to be calculated by reference to the Reference Banks but a Reference Bank does not supply a rate by 12.00 noon (local time) on a Rate Fixing Day, the applicable IBOR will, subject as provided below, be calculated on the basis of the rates of the remaining Reference Banks.
Appears in 2 contracts
Samples: Agreement (Amec PLC), Agreement (Amec PLC)
Failure of a Reference Bank to. supply a rate If IBOR is to be calculated by reference to the Reference Banks but a Reference Bank does not supply a rate by 12.00 noon (local time) on a Rate Fixing Day, the applicable IBOR will, subject as provided belowhereinafter provided, be calculated on the basis of the rates of the remaining Reference Banks.
Appears in 1 contract
Samples: Agreement (United States Steel Corp)
Failure of a Reference Bank to. supply a rate If IBOR is to be calculated by reference to the Reference Banks but a Reference Bank does not supply a rate by 12.00 noon (local London time) on a Rate Fixing Day, the applicable IBOR will, subject as provided below, be calculated on the basis of the rates of the remaining Reference Banks.
Appears in 1 contract
Samples: Agreement (Aramark Corp/De)
Failure of a Reference Bank to. supply a rate If IBOR is to be calculated by reference to the Reference Banks but a Reference Bank does not supply a rate by 12.00 noon (local time) the Specified Time on a Rate Fixing Day, the applicable IBOR will, subject as provided below, be calculated on the basis of the rates of the remaining Reference Banks.
Appears in 1 contract
Samples: Agreement (Smith & Nephew PLC)