Common use of LIBOR Rate Protection; Illegality Clause in Contracts

LIBOR Rate Protection; Illegality. (i) If any Managing Agent is unable to obtain on a timely basis the information necessary to determine the LIBOR Rate or the LMIR Rate for any proposed Interest Period (or portion thereof), then:

Appears in 2 contracts

Samples: Funding Agreement (Synnex Corp), Funding Agreement (Synnex Corp)

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LIBOR Rate Protection; Illegality. (i) If any Managing Agent is unable to obtain on a timely basis the information necessary to determine the LIBOR Rate or the LMIR Rate for any proposed Interest Period (or portion thereof), then:

Appears in 1 contract

Samples: Funding and Administration Agreement (Synnex Corp)

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LIBOR Rate Protection; Illegality. (i) If Subject to Section 2.11, if any Managing Agent is unable to obtain on a timely basis the information necessary to determine the LIBOR Rate or the LMIR Rate for any proposed Interest Period (or portion thereof), then:

Appears in 1 contract

Samples: Funding Agreement (Td Synnex Corp)

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