Common use of Limitation on LIBOR Loans Clause in Contracts

Limitation on LIBOR Loans. Anything herein to the contrary notwithstanding, if, on or prior to the determination of any LIBOR Rate for any designated Interest Period for a LIBOR Rate Loan request the Agent reasonably determines in good faith that quotations of interest rates for the relevant deposits referred to in the definition of "LIBOR Rate" are not being provided in the relevant amounts or for the relevant maturities for purposes of determining rates of interest for LIBOR Rate Loans as provided herein, then the Agent shall give Borrowers prompt written notice thereof, and so long as such condition remains in effect, the Lenders shall be under no obligation to make additional or other LIBOR Rate Loans.

Limitation on LIBOR Loans. Anything herein to the contrary notwithstanding, if, on or prior to the determination of any LIBOR Rate for any designated Interest Period for a LIBOR Rate Loan request the Agent Bank reasonably determines in good faith that quotations of interest rates for the relevant deposits referred to in the definition of "“LIBOR Rate" ” are not being provided in the relevant amounts or for the relevant maturities for purposes of determining rates of interest for LIBOR Rate Loans as provided herein, then the Agent Bank shall give Borrowers prompt written notice thereof, and so long as such condition remains in effect, the Lenders Bank shall be under no obligation to make additional or other LIBOR Rate Loans.. 2.10

Limitation on LIBOR Loans. Anything herein to the contrary notwithstanding, if, on or prior to the determination of any LIBOR Rate for any designated Interest Period for a LIBOR Rate Loan request the Agent Bank reasonably determines in good faith that quotations of interest rates for the relevant deposits referred to in the definition of "“LIBOR Rate" ” are not being provided in the relevant amounts or for the relevant maturities for purposes of determining rates of interest for LIBOR Rate Loans as provided herein, then the Agent Bank shall give Borrowers prompt written notice thereof, and so long as such condition remains in effect, the Lenders Bank shall be under no obligation to make additional or other LIBOR Rate Loans.