Common use of Reference Banks Clause in Contracts

Reference Banks. If a Reference Bank ceases generally to offer quotations for LIBOR, the Agent shall (in consultation with the Company) appoint another bank or financial institution approved by the Majority Lenders to replace that Reference Bank.

Appears in 5 contracts

Samples: Facility Agreement (UTAC Holdings Ltd.), Facility Agreement (WNS (Holdings) LTD), Facility Agreement (WNS (Holdings) LTD)

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Reference Banks. If a Reference Bank ceases generally to offer quotations for LIBOR, the Agent Lender shall (in reasonable consultation with the CompanyBorrower) appoint another bank or financial institution approved by the Majority Lenders to replace that Reference Bank.

Appears in 3 contracts

Samples: Facility Agreement, Facility Agreement (Aleris Ohio Management, Inc.), Facility Agreement (Aleris Ohio Management, Inc.)

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Reference Banks. If a Reference Bank ceases generally to offer quotations quotation for LIBOR, the Facility Agent shall (in consultation with the CompanyBorrower) appoint another bank or financial institution approved by the Majority Lenders to replace that Reference Bank.

Appears in 1 contract

Samples: Facility Agreement (PT Indosat TBK)

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