Common use of No notice and unavailability Clause in Contracts

No notice and unavailability. If the Borrower fails to select a Pre-Redelivery Interest Period or an Interest Period in accordance with Clause 5.3 or the Agent certifies that deposits for the period selected by the Borrower are not available to each of the Lenders in the ordinary course of business in the relevant interbank eurocurrency market to fund the relevant Portion or the Loan (as the case may be), the Borrower shall be deemed to have selected a Pre-Redelivery Interest Period or an Interest Period of six (6) months (or such other period as the Agent may in its discretion decide).

No notice and unavailability. If the Borrower fails to select a Pre-Redelivery Delivery Interest Period or an Interest Period in accordance with Clause 5.3 or the Agent certifies that deposits for the period selected by the Borrower are not available to each of the Lenders in the ordinary course of business in the relevant interbank London Interbank eurocurrency market to fund the relevant Portion or the Loan (as the case may be), the Borrower shall be deemed to have selected a Pre-Redelivery Delivery Interest Period or an Interest Period of six (6) months (or such other period as the Agent may in its discretion decide).

No notice and unavailability. If the Borrower fails to select a Pre-Redelivery Delivery Interest Period or an Interest Period in accordance with Clause 5.3 or the Agent certifies that deposits for the period selected by the Borrower are not available to each of the Lenders in the ordinary course of business in the relevant interbank eurocurrency market to fund the relevant Portion or the Loan (as the case may be), the Borrower shall be deemed to have selected a Pre-Redelivery Delivery Interest Period or an Interest Period of six (6) months (or such other period as the Agent may in its discretion decide).