Reference Rate Non-Utilisation Event. Notwithstanding Sections 2.06(i)(i)-(iii) above, if, as at the relevant Quotation Day, a Reference Rate Non-Utilisation Event has occurred and is continuing, the applicable Reference Rate shall be the Compounded Reference Rate and interest on that Reference Rate Loan (or any part thereof) shall be determined in accordance with Section 2.06(j).
Appears in 8 contracts
Samples: Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Sixth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Sixth Supplemental Agreement (NCL CORP Ltd.)
Reference Rate Non-Utilisation Event. Notwithstanding Sections 2.06(i)(i)-(iii2.06(h)(i)-(iii) above, if, as at the relevant Quotation Day, a Reference Rate Non-Utilisation Event has occurred and is continuing, the applicable Reference Rate shall be the Compounded Reference Rate and interest on that Reference Rate Loan (or any part thereof) shall be determined in accordance with Section 2.06(j2.06(i).
Appears in 4 contracts
Samples: Credit Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.)
