Market Disruption Notice. If, in relation to any Advance (an "AFFECTED ADVANCE"):
(a) the Facility Agent determines that, by reason of circumstances affecting the applicable interbank market generally, adequate and fair means do not or will not exist for ascertaining LIBOR or EURIBOR (as the case may be) applicable to that Affected Advance for an Interest Period; or
(b) Lenders whose participations in that Affected Advance exceed 33 per cent. of the amount of that Affected Advance notify the Facility Agent that deposits will not be available to them in the London Interbank Market in order to fund their participations in that Affected Advance for an Interest Period or that (other than due to the credit rating of the relevant Lender or Lenders) their cost of obtaining deposits in order to fund their participations in that Affected Advance for an Interest Period would exceed LIBOR or EURIBOR (as the case may be), the Facility Agent will give notice of that event to the Parent and the Lenders (a "MARKET DISRUPTION NOTICE").
Market Disruption Notice. If, in relation to any actual or proposed Interim Loan (a Disrupted Loan):
(a) the Funding Cost is to be determined by reference to rates supplied by Reference Xxxxx and none or only one of the Reference Banks supplies a rate by 12.00 noon (New York time)] on the Rate Fixing Day; or
(b) before close of business in New York on the Rate Fixing Day for the relevant Interest Period, one or more Interim Lenders whose participations in that Disrupted Loan equal or exceed in aggregate forty (40) per cent. of the amount of that Disrupted Loan notify the Interim Facility Agent that by reason of circumstances affecting the relevant interbank market generally the cost to those Interim Lenders of obtaining matching deposits in the relevant interbank market would be in excess of the Funding Cost, the Interim Facility Agent will promptly give notice of that event to the Obligors’ Agent and the Interim Lenders (a Market Disruption Notice).
Market Disruption Notice. If, in relation to any Advance (an "AFFECTED ADVANCE"):
(a) the Facility Agent determines that, by reason of circumstances affecting the applicable interbank market generally, adequate and fair means do not or will not exist for ascertaining EURIBOR or LIBOR (as the case may be) applicable to that Affected Advance for an Interest Period; or
(b) Lenders whose participations in that Affected Advance exceed 50 per cent. of the amount of that Affected Advance notify the Facility Agent that EURIBOR or LIBOR (as the case may be) would not accurately reflect the cost to those Lenders of making or maintaining their participations in that Affected Advance for an Interest Period, the Facility Agent will give notice of that event to the Parent and the Lenders (a "MARKET DISRUPTION NOTICE").
Market Disruption Notice. If, in relation to any Advance (an "Affected Advance"):
(a) at or about 12 (noon) on the Rate Fixing Day for the relevant Interest Period, the Facility Agent determines that, by reason of circumstances affecting the applicable interbank market generally, adequate and fair means do not or will not exist for ascertaining LIBOR or EURIBOR (as the case may be) applicable to that Affected Advance for an Interest Period; or
(b) before close of business in London on the Rate Fixing Day for the relevant Interest Period, Lenders whose participations in that Affected Advance exceed 50 per cent. of the amount of that Affected Advance notify the Facility Agent that the cost to those Lenders of making or maintaining their participations in that Affected Advance for an Interest Period would be in excess of LIBOR or EURIBOR (as the case may be), the Facility Agent will give notice (including a certificate from the relevant Lenders confirming such events and any steps they have taken to ascertain such situation) of that event to Bidco 2 and Debtco (if it is the Principal Borrower) and the Lenders (a "Market Disruption Notice").
Market Disruption Notice. If, in relation to the Advance (an "Affected Advance"):
(a) the Mezzanine Facility Agent determines that, by reason of circumstances affecting the applicable interbank market generally, adequate and fair means do not or will not exist for ascertaining LIBOR or EURIBOR (as the case may be) applicable to that Affected Advance for an Interest Period; or
(b) Mezzanine Lenders whose participations in that Affected Advance exceed 33 per cent. of the amount of that Affected Advance notify the Mezzanine Facility Agent that deposits will not be available to them in the London Interbank Market in order to fund their participations in that Affected Advance for an Interest Period or that (other than due to the credit rating of the relevant Mezzanine Lender or Mezzanine Lenders) their cost of obtaining deposits in order to fund their participations in that Affected Advance for an Interest Period would exceed LIBOR or EURIBOR (as the case may be), the Mezzanine Facility Agent will give notice of that event to the Parent and the Mezzanine Lenders (a "Market Disruption Notice").
Market Disruption Notice. If, in relation to any actual or proposed Interim Loan (a Disrupted Loan):
Market Disruption Notice. For the avoidance of doubt, this clause 9.1 shall not apply to USD Term Rate Loans.
Market Disruption Notice. If, in relation to any actual or proposed Interim Loan (a Disrupted Loan):
(a) the Funding Cost is to be determined by reference to rates supplied by Reference Xxxxx and none or only one of the Reference Banks supplies a rate by 12.00 noon (London time) (or 12.00 noon Brussels time in the case of any Interim Loan denominated in euro) on the Rate Fixing Day; or
(b) before close of business in London on the Rate Fixing Day for the relevant Interest Period, one or more Interim Lenders whose participations in that Disrupted Loan equal or exceed in aggregate fifty (50) per cent. of the amount of that Disrupted Loan notify the Interim Facility Agent that by reason of circumstances affecting the relevant interbank market generally the cost to those Interim Lenders of obtaining matching deposits in the relevant interbank market would be in excess of the Funding Cost, the Interim Facility Agent will promptly give notice of that event to the Obligors' Agent and the Interim Lenders (a Market Disruption Notice).
Market Disruption Notice. If, in relation to any actual or proposed Interim Loan (a “Disrupted Loan”):
(a) the Funding Cost for an Interim Loan (other than for an Interim Loan denominated in USD) is to be determined by reference to rates supplied by Reference Banks and none or only one of the Reference Banks supplies a rate by 12.00 noon Brussels time on the Rate Fixing Day; or
(b) before close of business in London on the Rate Fixing Day for the relevant Interest Period, one or more Interim Lenders whose participations in that Disrupted Loan equal or exceed in aggregate fifty (50) per cent. of the amount of that Disrupted Loan notify the Interim Facilities Agent that by reason of circumstances affecting the relevant market generally the cost to those Interim Lenders of obtaining matching deposits in the relevant interbank market would be in excess of the Funding Cost for an Interim Loan (other than for an Interim Loan denominated in USD), the Interim Facilities Agent will promptly give notice of that event to the Obligors’ Agent and the Interim Lenders (a “Market Disruption Notice”).
Market Disruption Notice. If, in relation to any actual or proposed Interim Loan (a Disrupted Loan):
(a) the Funding Cost is to be determined by reference to rates supplied by Reference Xxxxx and none or only one of the Reference Banks supplies a rate by 12.00 noon on the Rate Fixing Day; or
(b) before close of business in London on the Rate Fixing Day for the relevant Interest Period, one or more Interim Lenders whose participations in that Disrupted Loan equal or exceed in aggregate fifty (50) per cent. of the amount of that Disrupted Loan notify the Interim Facility Agent that by reason of circumstances affecting the relevant interbank market generally the cost to those Interim Lenders of obtaining matching deposits in the relevant interbank market would be in excess of the Funding Cost, the Interim Facility Agent will promptly give notice of that event to the Obligors' Agent and the Interim Lenders (a Market Disruption Notice).
