Substitute Interest Period and Interest Rate Sample Clauses

Substitute Interest Period and Interest Rate. If sub-clause 5.1.1 of Clause 5.1 (Market Disruption and Alternative Interest Rates) applies to an Advance, the duration of the relevant Interest Period shall be one month or, if less, such that it shall end on the Final Maturity Date. If either sub-clause 5.1.1 or 5.1.2 of Clause 5.1 (Market Disruption and Alternative Interest Rates) applies to an Advance, the rate of interest applicable to each Bank's portion of such Advance during the relevant Interest Period shall (subject to any agreement reached pursuant to Clause 5.3 (Alternative Rate)) be the rate per annum which is the sum of:
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Substitute Interest Period and Interest Rate. If sub-clause 6.1.1 of Clause 6.1 (Market Disruption) applies to any Advance, the duration of the relevant Interest Period shall be one month or, if less, such that it shall end on the next succeeding Repayment Date. If either sub-clause 6.1.1 or 6.1.2 of Clause 6.1 (Market Disruption) applies to any Advance, the rate of interest applicable to such Advance during the relevant Interest Period shall (subject to any agreement reached pursuant to Clause 6.3 (Alternative Rate)) be the rate per annum, which is the sum of:
Substitute Interest Period and Interest Rate. (a) If paragraph (a) of Clause 16.1 (Market Disruption) applies (i) to an Advance (other than a Swingline Advance), the duration of the relevant Interest Period or Term shall be 1 month, (ii) to a Swingline Advance, the duration of the relevant Term shall be 5 Business Days or (iii) in each case, if less, such that it shall end on the next succeeding Repayment Date.
Substitute Interest Period and Interest Rate. If sub-clause 8.1.1 of Clause 8.1 (Market Disruption) applies to an Advance, the duration of the relevant Interest Period or Term shall be one month or, if less, such that it shall end on the next succeeding Repayment Date. If either sub-clause 8.1.1 or 8.1.2 of Clause 8.1 (Market Disruption) applies to an Advance, the rate of interest (expressed as a percentage per annum) applicable to such Advance during the relevant Interest Period or Term shall (subject to any agreement reached pursuant to Clause 8.3 (Alternative Rate)) be the rate per annum which is the sum of:
Substitute Interest Period and Interest Rate. If either sub-clause 5.2.1 or 5.2.2 of Clause 5.2 (Market Disruption) applies to an Unpaid Sum, the rate of interest applicable to each Lender’s portion of such Unpaid Sum during the relevant Interest Period shall (subject to any agreement reached pursuant to Clause 5.4 (Alternative basis of interest or funding)) be the rate per annum which is the sum of:
Substitute Interest Period and Interest Rate. (a) If paragraph (a) of Clause 9.1 (Market Disruption) applies, the duration of the relevant Interest Period shall be 1 month or, if less, such that it shall end on the Termination Date.
Substitute Interest Period and Interest Rate. (a) If paragraph (a) of Clause 16.1 (
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Substitute Interest Period and Interest Rate. If either sub-clause 9.1.1 or 9.1.2 of Clause 9.1 (Market Disruption) applies to an Advance, then unless a substitute basis has been agreed in accordance with Clause 9.3 (Alternative Rate) (i) the duration of the relevant Interest Period or Term shall be one month or, if less, such that it shall end on the next succeeding Term Repayment Date (in the case of a Term Advance) or the earlier of the Conversion Date and the Revolving Termination Date (in the case of a Revolving Advance); and (ii) the rate of interest applicable to each Bank's portion of such Advance during the relevant Interest Period or Term shall (subject to any agreement reached pursuant to Clause 9.3 (Alternative Rate)) be the rate per annum which is the sum of:
Substitute Interest Period and Interest Rate. If sub-clause 6.1.1 of Clause 6.1 (Market Disruption) applies to an Advance which is already outstanding the duration of the relevant Interest Period shall be one month or such that it shall end on the next succeeding Repayment Date, whichever period is shorter. If either sub-clause 6.1.1 or 6.1.2 of Clause 6.1 (Market Disruption) applies to an Advance which is already outstanding, the rate of interest applicable to such Advance during the relevant Interest Period shall (subject to any agreement reached pursuant to Clause 6.3 (Alternative Rate)) be the rate per annum which is the sum of:
Substitute Interest Period and Interest Rate. If the provisions of Clause 7.5 (Market Disruption) apply to the Facility, the rate of interest applicable to each Lender’s share of the Facility during the relevant Interest Period shall (subject to any agreement reached pursuant to Clause 7.7 (Alternative Rate)) be the rate per annum which is the higher of:
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