Common use of LIBO Rate Lending Unlawful Clause in Contracts

LIBO Rate Lending Unlawful. If any Lender shall -------------------------- reasonably determine (which determination shall, upon notice thereof to the Borrower and the Administrative Agent, be conclusive and binding on the Borrower absent manifest error) that the introduction of or any change in or in the interpretation of any law, rule or regulation makes it unlawful, or any central bank or other governmental authority or comparable agency asserts that it is unlawful, for such Lender to make, continue or maintain any Loan as, or to convert any Loan into, a LIBO Rate Loan, the obligations of such Lender to make, continue, maintain or convert any such Loans shall, upon such determination, forthwith be suspended until such Lender shall notify the Administrative Agent that the circumstances causing such suspension no longer exist, and all LIBO Rate Loans of such Lender shall automatically convert into Base Rate Loans at the end of the then current Interest Periods with respect thereto or sooner if required by such law or assertion.

LIBO Rate Lending Unlawful. If any Lender the Required Lenders shall -------------------------- reasonably determine (which determination shall, upon notice thereof to the Borrower and the Administrative AgentLenders, be conclusive and binding on the Borrower absent manifest errorBorrower) that the introduction of or any change in or in the interpretation of any law, rule or regulation law makes it unlawful, or any central bank or other governmental authority or comparable agency asserts that it is unlawful, for such Lender to make, continue or maintain any Term Loan as, or to convert any Term Loan into, a LIBO Rate LoanLoan of a certain type, the obligations of such Lender all Lenders to make, continue, maintain or convert any such Term Loans shall, upon such determination, forthwith be suspended until such Lender the Required Lenders shall notify the Administrative Agent that the circumstances causing such suspension no longer exist, and all LIBO Rate Loans of such Lender type shall automatically convert into Base Rate Loans at the end of the then current Interest Periods with respect thereto or sooner sooner, if required by such law or assertion.

LIBO Rate Lending Unlawful. If any Lender shall determine -------------------------- reasonably determine (which determination shall, upon notice thereof to the Borrower and the Administrative AgentLenders, be conclusive and binding on the Borrower absent manifest errorBorrower) that the introduction of or any change in or in the interpretation of any law, rule or regulation law makes it unlawful, or any central bank or other governmental authority or comparable agency asserts that it is unlawful, for such Lender to make, continue or maintain any Loan as, or to convert any Loan into, a LIBO Rate LoanLoan of a certain type, subject to the provisions of Section ------- 4.11 hereof, the obligations of such Lender all Lenders to make, continue, maintain or ---- convert any such Loans shall, upon such determination, forthwith be suspended until such Lender shall notify the Administrative Agent that the circumstances causing such suspension no longer exist, and all LIBO Rate Loans of such Lender type shall automatically convert into Base Rate Loans at the end of the then current Interest Periods with respect thereto or sooner sooner, if required by such law or assertion.

LIBO Rate Lending Unlawful. If any Lender shall determine -------------------------- reasonably determine (which determination shall, upon notice thereof to the Borrower and the Administrative AgentLenders, be conclusive and binding on the Borrower absent manifest errorBorrower) that the introduction of or any change in or in the interpretation of any law, rule or regulation law makes it unlawful, or any central bank or other governmental authority or comparable agency asserts that it is unlawful, for such Lender to make, continue or maintain any Loan as, or to convert any Loan into, a LIBO Rate LoanLoan of a certain type, subject to the provisions of Section 4.11 ------------ hereof, the obligations of such Lender all Lenders to make, continue, maintain or convert any such Loans shall, upon such determination, forthwith be suspended until such Lender shall notify the Administrative Agent that the circumstances causing such suspension no longer exist, and all LIBO Rate Loans of such Lender type shall automatically convert into Base Rate Loans at the end of the then current Interest Periods with respect thereto or sooner sooner, if required by such law or assertion.

LIBO Rate Lending Unlawful. If any Lender shall -------------------------- reasonably determine (which determination shall, upon notice thereof to the Borrower WWI and the Administrative AgentLenders, be conclusive and binding on the Borrower absent manifest errorWWI) that the introduction of or any change in or in the interpretation of any law, rule or regulation law makes it unlawful, or any central bank or other governmental authority or comparable agency asserts that it is unlawful, for such Lender to make, continue or maintain any Loan as, or to convert any Loan into, a LIBO Rate Loan, the obligations of such Lender to make, continue, maintain or convert any such Loans as LIBO Rate Loans shall, upon such determination, forthwith be suspended until such Lender shall notify the Administrative Agent that the circumstances causing such suspension no longer existexist (with the date of such notice being the "REINSTATEMENT DATE"), and (i) all LIBO Rate Loans of previously made by such Lender shall automatically convert into Base Rate Loans at the end of the then current Interest Periods with respect thereto or sooner sooner, if required by such law or assertion.assertion and

LIBO Rate Lending Unlawful. If any Lender shall determine -------------------------- reasonably determine (which determination shall, upon notice thereof to the Borrower and the Administrative AgentLenders, be conclusive and binding on the Borrower absent manifest errorBorrower) that the introduction of or any change in or in the interpretation of any law, rule or regulation law makes it unlawful, or any central bank or other governmental authority or comparable agency asserts that it is unlawful, for such Lender to make, continue or maintain any Loan as, or to convert any Loan into, a LIBO Rate LoanLoan of a certain type, the obligations of such Lender all Lenders to make, continue, maintain or convert into any such Loans shall, upon such determination, forthwith be suspended until such Lender shall notify the Administrative Agent that the circumstances causing such suspension no longer exist, and all LIBO Rate Loans of such Lender type shall automatically convert into Base Rate Loans at the end of the then current Interest Periods with respect thereto or sooner sooner, if required by such law or assertion.