Common use of XXXXX Unavailability Period Clause in Contracts

XXXXX Unavailability Period. During any XXXXX Unavailability Period, (i) the Borrower may revoke any request for a GBP Loan, and (ii) if not revoked, such Loan shall bear interest at a rate per annum equal to the Bank of England Rate plus the Applicable Margin; provided that if the Agent determines (which determination shall be conclusive and binding absent manifest error) that the Bank of England Rate cannot be determined, any outstanding GBP Loans shall, at the Borrower’s election, be converted to a Dollar Loan at, the Alternate Base Rate (converted into Dollars at the Applicable Conversion Rate), or be prepaid immediately.

XXXXX Unavailability Period. During any XXXXX Unavailability Period, (i) the Borrower may revoke any request for a GBP Loan, and (ii) if not revoked, such Loan shall bear interest at a rate per annum equal to the Bank of England Rate plus the Applicable Margin; provided that if the Agent determines (which determination shall be conclusive and binding absent manifest error) that the Bank of England Rate cannot be determined, any outstanding GBP Loans shall, at the Borrower’s election, either be converted to a Dollar Loan at, the into Alternate Base Rate Loans denominated in Dollars (converted into Dollars at the Applicable Conversion Rate), or be prepaid immediately.