Common use of Special Provisions Relating to Loans Clause in Contracts

Special Provisions Relating to Loans. (a) Unavailability of Funds or Inadequacy of Pricing. In the event that, in connection with any proposed LIBOR Loan, the Agent reasonably determines, which determination shall, absent manifest error, be final, conclusive and binding upon all parties, due to changes in circumstances since the date hereof, adequate and fair means do not exist for determining the LIBOR Rate or such rate will not accurately reflect the costs to the Banks of funding LIBOR Loans for such Interest Period, the Agent shall give notice of such determination to the Borrowers and the Banks, whereupon, until the Agent notifies the Borrowers and the Banks that the circumstances giving rise to such suspension no longer exist, the obligations of the Banks to make, continue, or convert Loans into LIBOR Loans shall be suspended, and all loans to Borrowers shall be Base Rate Loans during the period of suspension.

Special Provisions Relating to Loans. (a) Unavailability of Funds or Inadequacy of Pricing. In the event that, in connection with any proposed LIBOR Loan, the Agent reasonably determines, which determination shall, absent manifest error, be final, conclusive and binding upon all parties, due to changes in circumstances since the date hereof, adequate and fair means do not exist for determining the LIBOR Rate or such rate will not accurately reflect the costs to the Banks of funding LIBOR Loans for such Interest Period, the Agent shall give notice of such determination to the Borrowers Borrower and the Banks, whereupon, until the Agent notifies the Borrowers Borrower and the Banks that the circumstances giving rise to such suspension no longer exist, the obligations of the Banks to make, continue, or convert Loans into LIBOR Loans shall be suspended, and all loans to Borrowers Borrower shall be Base Rate Loans during the period of suspension.

Special Provisions Relating to Loans. (a) Unavailability of Funds or Inadequacy of Pricing. In the event that, in connection with any proposed LIBOR Loan, the Agent reasonably determines, which determination shall, absent manifest error, be final, conclusive and binding upon all parties, due to changes in circumstances since the date hereof, adequate and fair means do not exist for determining the LIBOR Rate or such rate will not accurately reflect the costs to the Banks Lenders of funding a LIBOR Loans Loan for such Interest Period, the Agent shall give notice of such determination to the Borrowers and the BanksLenders, whereupon, until the Agent notifies the Borrowers and the Banks Lenders that the circumstances giving rise to such suspension no longer exist, the obligations of the Banks Lenders to make, continue, continue or convert Loans into a LIBOR Loans Loan shall be suspended, and all loans Loans to Borrowers shall be Base Rate Loans during the period of suspension.

Special Provisions Relating to Loans. (a) Unavailability of Funds or Inadequacy of Pricing. In the event that, in connection with any proposed LIBOR Loan, the Agent reasonably determines, which determination shall, absent manifest error, be final, conclusive and binding upon all parties, due to changes in circumstances since the date hereof, adequate and fair means do not exist for determining the LIBOR Rate or such rate will not accurately reflect the costs to the Banks Lenders of funding LIBOR Loans Loan for such Interest Period, the Agent shall give notice of such determination to the Borrowers Borrower and the BanksLenders, whereupon, until the Agent notifies the Borrowers Borrower and the Banks Lenders that the circumstances giving rise to such suspension no longer exist, the obligations of the Banks Lenders to make, continue, continue or convert Loans into LIBOR Loans Loan shall be suspended, and all loans to Borrowers Borrower shall be Base Rate Loans during the period of suspension.

Special Provisions Relating to Loans. (a) Unavailability of Funds or Inadequacy of Pricing. In the event that, in connection with any proposed LIBOR Loan, the Agent reasonably determines, which determination shall, absent manifest error, be final, conclusive and binding upon all parties, due to changes in circumstances since the date hereof, adequate and fair means do not exist for determining the LIBOR Rate or such rate will not accurately reflect the costs to the Banks Lenders of funding LIBOR Loans for such Interest Period, the Agent shall give notice of such determination to the Borrowers and the BanksLenders, whereupon, until the Agent notifies the Borrowers and the Banks Lenders that the circumstances giving rise to such suspension no longer exist, the obligations of the Banks Lenders to make, continue, continue or convert Loans into LIBOR Loans Loan shall be suspended, and all loans Loans to Borrowers shall be Base Rate Loans during the period of suspension.

Special Provisions Relating to Loans. (a) Unavailability of Funds or Inadequacy of Pricing. In the event that, in connection with any proposed LIBOR Loan, the Agent reasonably determines, which determination shall, absent manifest error, be final, conclusive and binding upon all parties, due to changes in circumstances since the date hereof, adequate and fair means do not exist for determining the LIBOR Rate or such rate will not accurately reflect the costs to the Banks Lenders of funding LIBOR Loans Loan for such Interest Period, the Agent shall give notice of such determination to the Borrowers Borrower and the BanksLenders, whereupon, until the Agent notifies the Borrowers Borrower and the Banks Lenders that the circumstances giving rise to such suspension no longer exist, the obligations of the Banks Lenders to make, continue, continue or convert Loans into LIBOR Loans Loan shall be suspended, and all loans Loans to Borrowers Borrower shall be Base Rate Loans during the period of suspension.

Special Provisions Relating to Loans. (a) Unavailability of Funds or Inadequacy of Pricing. In the event that, in connection with any proposed LIBOR Loan, the Agent reasonably determines, which determination shall, absent manifest error, be final, conclusive and binding upon all parties, due to changes in circumstances since the date hereof, adequate and fair means do not exist for determining the LIBOR Rate or such rate will not accurately reflect the costs to the Banks Lenders of funding LIBOR Loans Loan for such Interest Period, the Agent shall give notice of such determination to the Borrowers and the BanksLenders, whereupon, until the Agent notifies the Borrowers and the Banks Lenders that the circumstances giving rise to such suspension no longer exist, the obligations of the Banks Lenders to make, continue, continue or convert Loans Loan into LIBOR Loans Loan shall be suspended, and all loans to Borrowers shall be Base Rate Loans Loan during the period of suspension.

Special Provisions Relating to Loans. (a) Unavailability of Funds or Inadequacy of PricingUNAVAILABILITY OF FUNDS OR INADEQUACY OF PRICING. In the event that, in connection with any proposed LIBOR Loan, the Agent reasonably determines, which determination shall, absent manifest error, be final, conclusive and binding upon all parties, due to changes in circumstances since the date hereof, adequate and fair means do not exist for determining the LIBOR Rate or such rate will not accurately reflect the costs to the Banks Lenders of funding LIBOR Loans Loan for such Interest Period, the Agent shall give notice of such determination to the Borrowers and the BanksLenders, whereupon, until the Agent notifies the Borrowers and the Banks Lenders that the circumstances giving rise to such suspension no longer exist, the obligations of the Banks Lenders to make, continue, continue or convert Loans into LIBOR Loans Loan shall be suspended, and all loans to Borrowers shall be Base Rate Loans during the period of suspension.