Common use of Index or Index Source Clause in Contracts

Index or Index Source. If any 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 reasonable discretion, is comparable to be effective upon notification thereof to Borrower.

Appears in 3 contracts

Samples: Note (Pope Resources LTD Partnership), Revolving Line of Credit (Pope Resources LTD Partnership), Note (Pope Resources LTD Partnership)

AutoNDA by SimpleDocs

Index or Index Source. If any 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 reasonable sole discretion, is comparable to be effective upon notification thereof to Borrower.

Appears in 2 contracts

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

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!