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:
Appears in 3 contracts
Samples: Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Communications Corp)
Substitute Interest Period and Interest Rate. If sub-clause 5.1.1 6.1.1 of Clause 5.1 6.1 (Market Disruption and Alternative Interest RatesMARKET DISRUPTION) 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 next succeeding Term Repayment Date. If either sub-clause 5.1.1 6.1.1 or 5.1.2 6.1.2 of Clause 5.1 6.1 (Market Disruption and Alternative Interest RatesMARKET DISRUPTION) 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 6.3 (Alternative RateALTERNATIVE RATE)) be the rate per annum which is the sum of:
Appears in 2 contracts
Samples: Credit Agreement (United Surgical Partners International Inc), Credit Agreement (United Surgical Partners International Inc)
Substitute Interest Period and Interest Rate. If sub-clause 5.1.1 6.1.1 of Clause 5.1 6.1 (Market Disruption and Alternative Interest RatesDisruption) applies to an Advance, the duration of the relevant Interest Period or Term shall be one month ormonth, if or less, such that it shall end on the Final Maturity next succeeding Repayment Date. If either sub-clause 5.1.1 6.1.1 or 5.1.2 6.1.2 of Clause 5.1 6.1 (Market Disruption and Alternative Interest RatesDisruption) applies to an AdvanceAdvance or Unpaid Sum, the rate of interest applicable to each Bank's portion of such Advance or Unpaid Sum during the relevant Interest Period or Term shall (subject to any agreement reached pursuant to Clause 5.3 6.3 (Alternative Rate)) be the rate per annum which is the sum of:
Appears in 1 contract
Substitute Interest Period and Interest Rate. If sub-clause 5.1.1 6.1.1 of Clause 5.1 6.1 (Market Disruption and Alternative Interest RatesDisruption) applies to an the Advance, the duration of the relevant Interest Period shall be one month or, if less, such that it shall end on the Final Maturity next succeeding Repayment Date. If either sub-clause 5.1.1 clauses 6.1.1 or 5.1.2 6.1.2 of Clause 5.1 6.1 (Market Disruption and Alternative Interest RatesDisruption) applies to an the Advance, the rate of interest applicable to each Bank's portion of such the Advance during the relevant Interest Period shall (subject to any agreement reached pursuant to Clause 5.3 6.3 (Alternative Rate)) be the rate per annum which is the sum of:
Appears in 1 contract
