Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that: (i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or (ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or (iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies are not available to such Bank with respect to such Loan in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.3.
Appears in 9 contracts
Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan Loan, or to banks generally, to which a Euro-Rate Option applies applies, respectively, are not available to such Bank with respect to such Loan Loan, or to banks generally, in the London interbank eurodollar market, then the Administrative Agent shall have the rights specified in Section 4.5.34.4.3.
Appears in 6 contracts
Samples: Revolving Credit Facility (Ii-Vi Inc), Credit Agreement (Federated Investors Inc /Pa/), Revolving Credit Facility (Ii-Vi Inc)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies are not available to such Bank with respect to such Loan in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.33.4.3.
Appears in 5 contracts
Samples: Revolving Credit Facility (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Revolving Credit Facility (Triumph Group Inc)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made unlawful or materially impracticable or unlawful by compliance by such Bank in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such LoanLoan in a material respect, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan Loan, or to banks generally, to which a Euro-Rate Option applies applies, respectively, are not available to such Bank with respect to such Loan Loan, or to banks generally, in the London interbank eurodollar market, then the Administrative Agent shall have the rights specified in Section 4.5.34.4.3.
Appears in 4 contracts
Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Revolving Credit Facility (New Jersey Resources Corp)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies applies, respectively, are not available to such Bank with respect to such Loan Loan, in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.33.4.3.
Appears in 4 contracts
Samples: Credit Agreement (Vulcan Asphalt Refining Corp), Credit Agreement (Independent Gasoline & Oil Co of Rochester), Credit Agreement (Bell Oil Corp)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank Lender shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank Lender in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank Lender of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies are not available to such Bank Lender with respect to such Loan Loan, in the London interbank market, then the Administrative Agent and the Lenders shall have the rights specified in Section 4.5.33.4.3.
Appears in 3 contracts
Samples: Revolving Credit Facility (Arch Coal Inc), Revolving Credit Facility (Arch Coal Inc), Credit Agreement (Arch Coal Inc)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies applies, respectively, are not available to such Bank with respect to such Loan Loan, in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.34.4.3.
Appears in 3 contracts
Samples: Credit Agreement (Lone Star Technologies Inc), Credit Agreement (Roundys Inc), Credit Agreement (Standard Automotive Corp)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies are not available to such Bank with respect to such Loan in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.33.4.3.
Appears in 3 contracts
Samples: Credit Agreement (Triumph Group Inc /), Revolving Credit Facility (Triumph Group Inc /), Revolving Credit Facility (Triumph Group Inc /)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies are not available to such Bank with respect to such at the effective cost of funding a proposed Loan in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.34.4.3.
Appears in 2 contracts
Samples: Credit Agreement (Grubb & Ellis Co), Revolving Credit Agreement (Tb Woods Corp)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) : the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) or such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) or after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies applies, respectively, are not available to such Bank with respect to such Loan Loan, in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.33.4.3.
Appears in 2 contracts
Samples: Credit Agreement (Kwik Fil Inc), Credit Agreement (Super Test Petroleum Inc)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies are not available to such Bank with respect to such Loan in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.33.4.3.
Appears in 2 contracts
Samples: Credit Agreement (Triumph Group Inc /), Revolving Credit Facility (Triumph Group Inc /)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank Lender shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank Lender in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank Lender of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies applies, respectively, are not available to such Bank Lender with respect to such Loan Loan, in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.33.4.3.
Appears in 2 contracts
Samples: Revolving Credit Facility Credit Agreement (Brady Corp), Revolving Credit Facility (Brady Corp)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank Lender shall have determined that:
(i) the making, maintenance or funding of any Term Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank Lender in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank Lender of the establishment or maintenance of any such Term Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Term Loan to which a Euro-Rate Option applies are not available to such Bank Lender with respect to such Term Loan in the London interbank market, then the Administrative Agent and the Lenders shall have the rights specified in Section 4.5.33.4.3 [Administrative Agent's and Lender's Rights].
Appears in 1 contract
Samples: Credit Agreement (Arch Coal Inc)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies are not available to such Bank with respect to such Loan in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.33.4.3.”
(xvi) Section 3.4.3 (Administrative Agent’s and Banks’ Rights) of the Credit Agreement is hereby amended and restated to read as follows:
Appears in 1 contract
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) in relation to any Drawing made in US Dollars and after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies applies, are not available to such Bank with respect to such Loan in the London interbank market, then then, subject to the Administrative Agent provisions of Section 11.5.3, such Bank shall have the rights specified in Section 4.5.34.4.3.
Appears in 1 contract
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank Lender shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank Lender in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank Lender of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies applies, respectively, are not available to such Bank Lender with respect to such Loan Loan, in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.34.4.3.
Appears in 1 contract
Samples: Credit Agreement (Ii-Vi Inc)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan Loan, or to banks generally, which a Euro-Rate Option applies applies, respectively, are not available to such Bank with respect to such Loan Loan, or to banks generally, in the London interbank eurodollar market, then the Administrative Agent and the Banks shall have the rights specified in Section 4.5.33.4.3 [Administrative Agent’s and Bank’s Rights].
Appears in 1 contract
Samples: Credit Agreement (Arch Coal Inc)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Revolving Credit Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Revolving Credit Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Revolving Credit Loan to which a Euro-Rate Option applies applies, respectively, are not available to such Bank with respect to such Loan in the London interbank market, then the Administrative Agent shall have the rights specified in Section 4.5.34.4.3.
Appears in 1 contract
Samples: Credit Agreement (Phymatrix Corp)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank Lender shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank Lender in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank Lender of the establishment or maintenance of any such Loan, or
(iii) or after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies applies, respectively, are not available to such Bank Lender with respect to such Loan Loan, in the London interbank market, then the Administrative Collateral Agent shall have the rights specified in Section 4.5.34.4.3.
Appears in 1 contract
Samples: Credit Agreement (Newtech Corp)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Term Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Term Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Term Loan to which a Euro-Rate Option applies are not available to such Bank with respect to such Term Loan in the London interbank market, then the Administrative Agent and the Banks shall have the rights specified in Section 4.5.33.4.3.
Appears in 1 contract
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Revolving Credit Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Revolving Credit Euro-Rate Option will not adequately and fairly reflect the cost to such Bank of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Revolving Credit Euro- Rate Option applies applies, are not available to such Bank with respect to such Loan in the London interbank market, then the Administrative Agent such Bank shall have the rights specified in Section 4.5.33.4.3.
Appears in 1 contract
Samples: Senior Unsecured Revolving Credit Facility (Cuno Inc)
Illegality; Increased Costs; Deposits Not Available. If at any time any Bank the Lender shall have determined that:
(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance by such Bank the Lender in good-good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or
(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Bank the Lender of the establishment or maintenance of any such Loan, or
(iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency (as applicable) for the relevant Interest Period for a Loan to which a Euro-Rate Option applies are not available to such Bank with respect to such the Lender at the effective cost of funding a proposed Loan in the London interbank market, then the Administrative Agent Lender shall have the rights specified in Section 4.5.34.4.3.
Appears in 1 contract
Samples: Credit Agreement (Grubb & Ellis Co)