Common use of Non-availability of currency Clause in Contracts

Non-availability of currency. If any Bank notifies the Agent before 10.00 a.m. (London time) on the Business Day prior to the proposed Utilisation Date of an Advance to be denominated in an Optional Currency that it is unable for any reason to fund its participation in such Advance in the Optional Currency concerned, the Agent shall notify the Parent and such Bank shall make its participation in the Advance available in Sterling for the period in question.

Non-availability of currency. If any Bank notifies the Agent before 10.00 a.m. (London time) on the two Business Day Days prior to the proposed Utilisation Date of an Advance to be denominated in an Optional Currency (other than U.S. Dollars) that it is unable for any reason to fund its participation in such Advance in the Optional Currency concerned, the Agent shall notify the Parent and such Bank shall make its participation in the Advance available in Sterling for the period in question.

Non-availability of currency. If any Bank notifies the Agent before 10.00 9.30 a.m. (London time) on the two Business Day Days prior to the proposed Utilisation Date of an Advance to be denominated in an Optional Currency (other than Sterling) that it is unable for any reason to fund its participation in such Advance in the Optional Currency concerned, the Agent shall notify the Parent Borrowers' Agent and such Bank shall make its participation in the Advance available in Sterling U.S. Dollars for the period in question.

Non-availability of currency. If any Bank Lender notifies the Agent before 10.00 a.m. (London time) on the two Business Day Days prior to the proposed Utilisation Date of an Advance to be denominated in an Optional Currency (other than U.S. Dollars or euro) that it is unable for any reason to fund its participation in such Advance in the Optional Currency concerned, the Agent shall notify the Parent and such Bank Lender shall make its participation in the Advance available in Sterling for the period in question.

Non-availability of currency. If any Bank Lender notifies the Agent before 10.00 a.m. (London time) on the two Business Day Days prior to the proposed Utilisation Date of an Advance to be denominated in an Optional Currency (other than U.S. Dollars) that it is unable for any reason to fund its participation in such Advance in the Optional Currency concerned, the Agent shall notify the Parent and such Bank Lender shall make its participation in the Advance available in Sterling for the period in question.

Non-availability of currency. If any Bank notifies the Agent before 10.00 a.m. (London time) on the Business Day prior to the proposed Utilisation Date of an Advance to be denominated in an Optional Currency that it is unable for any reason to fund its participation in such Advance in the Optional Currency concerned, the Agent shall notify the Parent and such Bank shall make its participation in the Advance available in Sterling US Dollars for the period in question.