Inability to Determine Interest Rate; Illegality. (a) If prior to the first day of any Interest Period:
Inability to Determine Interest Rate; Illegality. (a) If prior to the first day of any Interest Period (i) the Administrative Agent or the Majority Facility Lenders in respect of the relevant Term Facility shall have determined (which determination shall be conclusive and binding upon the Borrowers) that, by reason of circumstances affecting the relevant market, adequate and reasonable means do not exist for ascertaining the Eurodollar Rate for such Interest Period, or (ii) the Administrative Agent shall have received notice from the Majority Facility Lenders in respect of the relevant Term Facility that the Eurodollar Rate determined or to be determined for such Interest Period will not adequately and fairly reflect the cost to such Lenders (as conclusively certified by such Lenders) of making or maintaining their affected Loans during such Interest Period, then the Administrative Agent shall give telecopy or telephonic notice thereof to the Borrowers and the relevant Lenders as soon as practicable thereafter. If such notice is given (x) any Eurodollar Loans under the relevant Term Facility requested to be made on the first day of such Interest Period shall be made as ABR Loans, (y) any Loans under the relevant Term Facility that were to have been converted on the first day of such Interest Period to Eurodollar Loans shall be continued as ABR Loans and (z) any outstanding Eurodollar Loans under the relevant Term Facility shall be converted, on the last day of the then-current Interest Period, to ABR Loans. Until such notice has been withdrawn by the Administrative Agent (which the Administrative Agent agrees to do promptly once such condition no longer exists), no further Eurodollar Loans under the relevant Term Facility shall be made or continued as such, nor shall the Borrowers have the right to convert Loans under the relevant Term Facility to Eurodollar Loans.
Inability to Determine Interest Rate; Illegality. (a) If on any Business Day:
Inability to Determine Interest Rate; Illegality. If prior to the first day of any Interest Period (with regard to clauses (a) and (b) of this Section 2.10 only):
Inability to Determine Interest Rate; Illegality. Subject to clauses (b), (c), (d), (e), (f) and (g) of this Section 2.16:
Inability to Determine Interest Rate; Illegality. Section 2.11(a)(i) of the Credit Agreement is amended in its entirety to read “[Intentionally Deleted]”.
Inability to Determine Interest Rate; Illegality. (a) If prior to the first day of any Interest Accrual Period, (i) Lender shall have determined (which determination shall be conclusive and binding upon Borrower) that, by reason of circumstances affecting the relevant market, adequate and reasonable means do not exist for ascertaining LIBOR for such Interest Accrual Period, or (ii) LIBOR determined or to be determined for such Interest Accrual Period will not adequately and fairly reflect the cost to such Lender (as determined and certified by such Lender) of making or maintaining Advances during such Interest Accrual Period, such Lender shall give telecopy or telephonic notice thereof to Borrower as soon as practicable thereafter. If such notice is given, the interest rate with respect to such Advances for such Interest Accrual Period, and for any subsequent Interest Accrual Periods until such notice has been withdrawn by such Lender, shall be a per annum rate (the “Alternative Rate”) equal to a rate determined based on an index approximating the behavior of LIBOR as reasonably determined by such Lender.
Inability to Determine Interest Rate; Illegality. Section 2.11(a)(i) of the Credit Agreement is amended in its entirety to read as follows: “the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the Eurocurrency Rate for such Interest Period; or”.
Inability to Determine Interest Rate; Illegality. (a)(b) If prior to the first day of any Interest Period for any Eurocurrency Loan in any currency:
Inability to Determine Interest Rate; Illegality
