Common use of Reference Bank quotations Clause in Contracts

Reference Bank quotations. If any Reference Bank is unable or otherwise fails to furnish a quotation for the purpose of calculating LIBOR or EURIBOR (as appropriate) where such quotation is required having regard to the definitions of "LIBOR" and "EURIBOR" in clause 1.2, the interest rate for the relevant Term or other period shall be determined, subject to clause 6.6, on the basis of the quotations furnished by the remaining EURIBOR Reference Bank or LIBOR Reference Banks (as the case may be).

Appears in 2 contracts

Samples: Agreement (Global Telesystems Europe B V), Agreement (Global Telesystems Inc)

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Reference Bank quotations. If (at any time when Reference Bank quotations are required having regard to the definition of "EURIBOR" or "LIBOR" (as appropriate) in clause 1.2) any Reference Bank is unable or otherwise fails to furnish a quotation for the purpose of calculating LIBOR EURIBOR or EURIBOR (as appropriate) where such quotation is required having regard to the definitions of "LIBOR" and "EURIBOR" in clause 1.2, the interest rate for the relevant Term Revolving Period, Interest Period or other period shall be determined, subject to clause 6.65.9, on the basis of the quotations furnished by the remaining EURIBOR Reference Bank or LIBOR Reference Banks (as the case may be)Banks.

Appears in 1 contract

Samples: Conformed Copy (United Pan Europe Communications Nv)

Reference Bank quotations. If any Reference Bank is unable or otherwise fails to furnish a quotation for the purpose of calculating LIBOR or EURIBOR (as appropriate) where such a quotation is required having regard to the definitions definition of "LIBOR" and or "EURIBOR" in clause 1.2, 12) the interest rate for the relevant Revolving Credit Term or other period shall be determined, subject to clause 6.65.8, on the basis of the quotations furnished by the remaining EURIBOR Reference Bank or LIBOR Reference Banks (as the case may be)8anks.

Appears in 1 contract

Samples: Loan Agreement (Cordiant Communications Group PLC /Adr)

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Reference Bank quotations. If any relevant Reference Bank is unable or otherwise fails to furnish a quotation for the purpose of calculating LIBOR or EURIBOR (as appropriate) where such a quotation is required having regard to the definitions of "LIBOR" and "EURIBOR" in clause 1.2, 1.1 the interest rate for the relevant Term Interest Period, Maturity Period or other relevant period shall be determined, subject to clause 6.614.4, on the basis of the quotations furnished by the remaining EURIBOR relevant Reference Bank or LIBOR Reference Banks (as the case may be)Banks.

Appears in 1 contract

Samples: Facilities Agreement (Premier Foods PLC)

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