Examples of Base Reference Banks in a sentence
A Base Reference Bank which is not a Party may rely on Clause 27.21 (Role of Base Reference Banks), paragraph 37.2(b) of Clause 37.2 (Exceptions) subject to Clause 1.3 (Third party rights) and the provisions of the Third Parties Act.
Subject to Clause 16.2 (Market disruption) if LIBOR or, if applicable, EURIBOR is to be determined by reference to the Base Reference Banks but a Base Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Base Reference Banks.
Subject to Clause 12.2 (Market disruption), if LIBOR relating to any Loan and any Interest Period relating thereto is to be determined by reference to the Base Reference Bank Rate but a Base Reference Bank does not supply a quotation by the Specified Time on the Quotation Day for the purpose of determining such Base Reference Bank Rate, the applicable Base Reference Bank Rate shall be determined on the basis of the quotations of the remaining Base Reference Banks.
Subject to Clause 12.2 (Market disruption) if EURIBOR, CIBOR, XXXXXX or, if applicable, LIBOR is to be determined by reference to the Base Reference Banks but a Base Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable EURIBOR, CIBOR, XXXXXX or LIBOR shall be determined on the basis of the quotations of the remaining Base Reference Banks.
Subject to Clause 11.2 (Market disruption), if LIBOR or, if applicable, EURIBOR is to be determined by reference to the Base Reference Banks but a Base Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR or EURIBOR shall be determined on the basis of the quotations of the remaining Base Reference Banks.