Common use of Index and Index Source Clause in Contracts

Index and Index Source. If the Index or Index Source provided for herein cannot be ascertained during the Note term, Lender will choose a new index or Index Source which it determines, in its sole discretion, is comparable to be effective upon notification thereof to Borrower.

Appears in 2 contracts

Samples: Note and Loan Agreement (Pope Resources LTD Partnership), Note and Loan Agreement (Pope Resources LTD Partnership)

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Index and Index Source. If the any Index or Index Source provided for herein cannot be ascertained during the Note term, Lender will choose a new index Index or Index Source which it determines, in its sole discretion, is comparable to be effective upon notification thereof to Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Pope Resources LTD Partnership), Note and Loan Agreement (Pope Resources LTD Partnership)

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