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).
Appears in 4 contracts
Samples: Credit Agreement (American Greetings Corp), Credit Agreement (American Greetings Corp), Credit Agreement (American Greetings Corp)
Unascertainable. If on any date on which any interest rate applicable to any Fixed Rate Loan would otherwise be determined, the Applicable Global 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 Global Agent shall have the rights specified in Section 3.01(c).
Appears in 1 contract
