Common use of Interest Rate Determination Clause in Contracts

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b). (b) If, with respect to any Borrowing of Eurodollar Advances, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) each Eurodollar Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day), convert into a Base Rate Advance, and (ii) the obligation of the Lenders to make, continue or convert into Eurodollar Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b). (b) If, with respect to any Borrowing of Eurodollar Advances, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) each Eurodollar Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day), convert into a Base Rate Advance, and (ii) the obligation of the Lenders to make, continue or convert into Eurodollar Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b). (b) If, with respect to any Borrowing of Eurodollar Rate Advances, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the applicable Borrower and the Lenders, whereupon (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day), convert into a Base Rate Advance, and (ii) the obligation of the Lenders to make, continue or convert into Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the applicable Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b2.07(b). (b) If, with respect to any Borrowing of Eurodollar Rate Advances, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day)therefor, convert Convert into a Base Rate Advance, and (ii) the obligation of the Lenders to make, continue or convert into to Convert Advances into, Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b). (b) If, with respect to any Borrowing of Eurodollar Rate Advances, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day), convert into a Base Rate Advance, and (ii) the obligation of the Lenders to make, continue or to convert into Advances into, Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (ai) The Reference Bank agrees to furnish to the Administrative Agent shall give prompt notice timely information for the purpose of determining each Eurodollar Rate. (ii) If Reuters Screen LIBOR01 Page (or other source selected by Administrative Agent as permitted pursuant to the Borrower definition of “Eurodollar Rate” contained in this Agreement) is unavailable and the Lenders of each applicable interest rate determined by Reference Bank is unable to furnish timely information to the Administrative Agent for purposes of Section 2.06(a) or (b). (b) If, with respect to any Borrowing of determining the Eurodollar Advances, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Advances for such Interest Period, Rate Advances, (A) the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereuponapplicable Lenders that the interest rate cannot be determined for such Eurodollar Rate Advances, (iB) each Eurodollar such Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to therefor, Convert into a Base Rate Advance prior to (or if such day), convert into Advance is then a Base Rate Advance, will continue as a Base Rate Advance), and (iiC) the obligation of the Lenders to make, continue or convert into to Convert Advances into, Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Reference Bank agrees to furnish to the Administrative Agent timely information for the purpose of determining each Eurodollar Rate. The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.05(a). (b) . If, with respect to any Borrowing of Eurodollar Rate Advances, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) whereupon each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day)therefor, convert Convert into a Base Rate Advance, and (ii) and the obligation of the Lenders to make, continue or convert into to Convert Advances into, Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (ay) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b2.07(b). (bz) If, with respect to any Borrowing of Eurodollar Rate Advances, (i) the Eurodollar Rate for any Interest Period for such Advances is not available or (ii) the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day)therefor, convert Convert into a Base Rate Advance, and (ii) the obligation of the Lenders to make, continue or convert into to Convert Advances into, Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b). (b) If, with respect to any Borrowing of Eurodollar Rate Advances, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance on or prior to such day), convert into a Base Rate Advance, and (ii) the obligation of the Lenders to make, continue or convert into Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b2.07(b). (b) If, with respect to any Borrowing of Eurodollar Rate Advances, (i) the Eurodollar Rate for any Interest Period for such Advances is not available or (ii) the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower Borrowers and the Lenders, whereupon (i) i. each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day)therefor, convert Convert into a Base Rate Advance, and (ii) . the obligation of the Lenders to make, continue or convert into to Convert Advances into, Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower Borrowers and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Borrowers and the Term Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.08(a). (b) If, with respect to any Borrowing of Eurodollar Rate Advances, the Majority Required Lenders notify the Administrative Agent at least one Business Day before the date of any proposed Eurodollar Rate Advance that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Eurodollar Rate Advances will not adequately reflect the cost to such Majority Required Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower Borrowers and the Term Lenders, whereupon whereupon (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day)therefor, convert Convert into a Base Rate Advance, and and (ii) the obligation of the Term Lenders to make, continue or convert Convert Base Rate Advances into Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower Borrowers and the Term Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a)(i) or (bii). . (b) If, with respect to any Borrowing of Eurodollar EurodollarTerm SOFR Rate Advances, the Majority Required Lenders notify the Administrative Agent that the Adjusted LIBO EurodollarTerm SOFR Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Required Lenders of making, funding or maintaining their respective Eurodollar EurodollarTerm SOFR Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon whereupon (i) each Eurodollar EurodollarTerm SOFR Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day)therefor, convert Convert into a Base Rate Advance, and and (ii) the obligation of the Lenders to make, continue or convert Convert Base Rate Advances into Eurodollar EurodollarTerm SOFR Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b). (b) If, with respect to any Borrowing of Eurodollar Rate Advances, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the applicable Borrower and the Lenders, whereupon (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day), convert into a Base Rate AdvanceAdva nce, and (ii) the obligation of the Lenders to make, continue or convert into Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the applicable Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) a. The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.06(b). (b) b. If, with respect to any Borrowing of Eurodollar Rate Advances, (i) the Eurodollar Rate for any Interest Period for such Advances is not available or (ii) the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) i. each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day)therefor, convert Convert into a Base Rate Advance, and (and ii) . the obligation of the Lenders to make, continue or convert into to Convert Advances into, Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.05(a) or (b2.05(b). (b) If, with respect to any Borrowing of Eurodollar Rate Advances, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day)therefor, convert Convert into a Base Rate Advance, and (ii) the obligation of the Lenders to make, continue or convert into to Convert Advances into, Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (az) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b2.07(b). (baa) If, with respect to any Borrowing of Eurodollar Rate Advances, (i) the Eurodollar Rate for any Interest Period for such Advances is not available or (ii) the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance prior to such day)therefor, convert Convert into a Base Rate Advance, and (ii) the obligation of the Lenders to make, continue or convert into to Convert Advances into, Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b). (b) If, with respect to any Borrowing of Eurodollar AdvancesLoans, the Majority Lenders notify the Administrative Agent that the Adjusted LIBO Rate for any Interest Period for such Advances Loans will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurodollar Advances Loans for such Interest Period, the Administrative Agent shall forthwith so notify the Borrower and the Lenders, whereupon (i) each Eurodollar Advance Loan will automatically, on the last day of the then existing Interest Period therefor (unless prepaid or converted to a Base Rate Advance Loan prior to such day), convert into a Base Rate AdvanceLoan, and (ii) the obligation of the Lenders to make, continue or convert into Eurodollar Advances Loans shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist.