Common use of Libor Rate Unascertainable Illegality Increased Costs Deposits Not Available Clause in Contracts

Libor Rate Unascertainable Illegality Increased Costs Deposits Not Available. (a) The Agent shall have the rights specified in subsection 2.13(c) if on any date on which a LIBOR Rate would otherwise be determined, the Agent shall have determined that adequate and reasonable means do not exist for ascertaining such LIBOR Rate.

Appears in 2 contracts

Samples: Credit Agreement (West Pharmaceutical Services Inc), Credit Agreement (West Pharmaceutical Services Inc)

AutoNDA by SimpleDocs

Libor Rate Unascertainable Illegality Increased Costs Deposits Not Available. (a) The Agent shall have the rights specified in subsection 2.13(c) if on any date on which a LIBOR Rate would otherwise be determined, the Agent shall have determined that adequate (which determination shall upon notice thereof to the Borrowers be conclusive and reasonable means do not exist for ascertaining such LIBOR Rate.binding on the Borrowers) that:

Appears in 1 contract

Samples: Credit Agreement (Tasty Baking Co)

Libor Rate Unascertainable Illegality Increased Costs Deposits Not Available. (a) The Agent shall have the rights specified in subsection 2.13(c) if on any date on which a LIBOR Rate or a Daily LIBOR Rate would otherwise be determined, the Agent shall have determined that adequate (which determination shall upon notice thereof to the Borrowers be conclusive and reasonable means do not exist for ascertaining such LIBOR Rate.binding on the Borrowers) that:

Appears in 1 contract

Samples: Credit Agreement (Tasty Baking Co)

AutoNDA by SimpleDocs

Libor Rate Unascertainable Illegality Increased Costs Deposits Not Available. (a) The Agent shall have the rights specified in subsection 2.13(c) if on any date on which a LIBOR Rate would otherwise be determined, the Agent shall have determined that adequate and reasonable means do not exist for ascertaining such LIBOR Rate.that:

Appears in 1 contract

Samples: Credit Agreement (Kulicke & Soffa Industries Inc)

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