Notification of market disruption. The Lender shall promptly notify the Borrowers if no rate is quoted on Moneyline Telerate Page 3750 or if no rate is quoted on the ISDA Page or if for any reason the Lender is unable to obtain Dollars in the London interbank market in order to fund an Advance during any Interest Period, stating the circumstances which have caused such notice to be given.
Appears in 4 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Notification of market disruption. The Lender shall promptly notify the Borrowers if no rate is quoted on Moneyline Telerate Reuters BBA Page 3750 or if no rate is quoted on the ISDA Page LIBOR01 or if for any reason the Lender is unable to obtain Dollars in the London interbank market Interbank Market in order to fund an Advance the Loan (or any part of it) or a Tranche during any Interest Period, stating the circumstances which have caused such notice to be given.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
