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.
Appears in 3 contracts
Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD), 364 Day Revolving Credit Facility (Ace LTD)
Unascertainable. If on any date on which LIBOR would otherwise be determined with respect to Committed Revolving Credit 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 3.043.04(c).
Appears in 3 contracts
Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD)
Unascertainable. If on any date on which a LIBOR would otherwise be determined with respect to Committed Loans or Bid Loans, the Agent shall have determined that:
(i) adequate and fair reasonable means do not exist for ascertaining such LIBOR, or
(ii) a contingency has occurred which materially and adversely affects the respective London interbank eurodollar market relating to the LIBOR, the Agent shall have the rights specified in Section 3.043.4.3 [Agent's and Bank's Rights].
Appears in 1 contract
Samples: Senior Multi Currency Revolving Credit Facility (Viasys Healthcare Inc)
