Unascertainable Sample Clauses

Unascertainable. If on any date on which a LIBOR Rate would otherwise be determined, the Administrative Agent shall have determined that: (i) adequate and reasonable means do not exist for ascertaining such LIBOR Rate, or (ii) a contingency has occurred which materially and adversely affects the London interbank eurodollar market relating to the LIBOR Rate, the Administrative Agent shall have the rights specified in Section 4.4.3 [Administrative Agent’s and Lender’s Rights].
AutoNDA by SimpleDocs
Unascertainable. If on any date on which a Euro-Rate would otherwise be determined, the Agent shall have determined that: (i) adequate and reasonable means do not exist for ascertaining such Euro-Rate, or (ii) a contingency has occurred which materially and adversely affects the London interbank eurodollar market relating to the Euro-Rate, the Agent shall have the rights specified in Section 4.4.3.
Unascertainable. If on any date on which a Euro-Rate would otherwise be determined, the Administrative Agent shall have determined that: (i) adequate and reasonable means do not exist for ascertaining such Euro-Rate, or (ii) a contingency has occurred which materially and adversely affects the Relevant Interbank Market relating to the Euro-Rate, then the Administrative Agent shall have the rights specified in Section 4.4.4 [Administrative Agent’s and Lender’s Rights].
Unascertainable. If on any date on which a LIBO-Rate would otherwise be determined, the Agent shall have determined that: (i) adequate and reasonable means do not exist for ascertaining such LIBO-Rate, or (ii) a contingency has occurred which materially and adversely affects the London interbank eurodollar market relating to the LIBO-Rate, the Agent shall have the rights specified in Section 3.4.3 [Agent’s and Lender’s Rights].
Unascertainable. If on any date on which a LIBOR Rate would otherwise be determined, the Lender shall have determined that: (i) adequate and reasonable means do not exist for ascertaining such LIBOR Rate, or (ii) a contingency has occurred which materially and adversely affects the London interbank eurodollar market relating to the LIBOR Rate, then the Lender shall have the rights specified in Section 4.4.3 [Lender's Rights].
Unascertainable. If on any date on which LIBOR would otherwise be determined with respect to Committed Loans or Bid Loans, the Agent shall have determined that: (i) adequate and fair means do not exist for ascertaining such LIBOR, or (ii) a contingency has occurred which materially and adversely affects the respective London interbank market relating to LIBOR, the Agent shall have the rights specified in Section 3.04.
Unascertainable. If on any date on which any interest rate applicable to any Fixed Rate Loan would otherwise be determined, the Applicable Agent shall have determined that: (i) adequate and reasonable means do not exist for ascertaining such interest rate, or (ii) a contingency has occurred which materially and adversely affects the London interbank eurodollar market or the Canadian commercial banking market relating to such interest rate, the Applicable Agent shall have the rights specified in Section 3.01(c).
AutoNDA by SimpleDocs
Unascertainable. If on any date on which a Term SOFR Rate would otherwise be determined, the Administrative Agent shall have determined that: (a) adequate and reasonable means do not exist for ascertaining such Term SOFR Rate, or (b) a fundamental change has occurred with respect to the Term SOFR Rate (including, without limitation, changes in national or international financial, political or economic conditions) that materially and adversely affects the ability to determine the Term SOFR Rate, the Administrative Agent shall have the rights specified in Section 4.4.3 [Administrative Agent’s and Xxxxxx’s Rights].
Unascertainable. If on any date on which a Euro-Rate would otherwise be determined, the Lender shall have determined that: (i) adequate and reasonable means do not exist for ascertaining such Euro-Rate, or (ii) a contingency has occurred which materially and adversely affects the secondary market for the London interbank eurodollar market relating to the Euro-Rate, the Lender shall have the rights specified in Section .
Unascertainable. In the event Xxxxxxx Mac shall at any time cease to designate any unsecured general obligations of Xxxxxxx Mac as "Reference Bills®", at its option, Lender may (i) select from time to time another unsecured general obligation of Xxxxxxx Mac having original maturities, most comparable to the term of the Interest Period for the applicable Borrowing Tranche, and issued by Xxxxxxx Mac at regularly scheduled auctions within the sixty (60) day period prior to the first day of such Interest Period, and the term "Reference Bills®" as used herein shall mean such other unsecured general obligations as selected by Lender; or (ii) for any one or more Interest Periods, use the applicable LIBO Rate for purposes of determining the Base Rate for such Interest Period(s). If Xxxxxxx Mac has not conducted an auction of its Reference Bills® or other unsecured general obligations within sixty (60) days prior to the first day of the Interest Period for the proposed Borrowing Tranche, the Base Rate shall be determined as the LIBO Rate plus the Margin for such Interest Period(s).
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!