CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations
CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.
CHANGES TO THE CALCULATION OF INTEREST. 13.1 Interest calculation if no RFR or Central Bank Rate
(a) there is no applicable RFR or Central Bank Rate for the purposes of calculating the Daily Non-Cumulative Compounded RFR Rate for an RFR Banking Day during an Interest Period for a Loan; and
CHANGES TO THE CALCULATION OF INTEREST. Market disruption
CHANGES TO THE CALCULATION OF INTEREST. 10.1 Interest calculation if no RFR or Central Bank Rate
(a) there is no RFR or Central Bank Rate for the purposes of calculating the Daily Non-Cumulative Compounded RFR Rate for an RFR Banking Day during an Interest Period for the Loan or any part of the Loan; and
(b) Cost of funds will apply as a fallback" is specified in the Reference Rate Terms,
CHANGES TO THE CALCULATION OF INTEREST. 10.1 Absence of quotations Subject to Clause 10.2 (Market disruption), if LIBOR, or if applicable, EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation on or about 11:00 am London time on the Quotation Day, LIBOR, or if applicable, EURIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.
CHANGES TO THE CALCULATION OF INTEREST. 12.1 Absence of quotations
(a) if EURIBOR, LIBOR or NIBOR, as applicable, 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, LIBOR or NIBOR shall be determined on the basis of the quotations of the remaining Base Reference Banks; or
(b) if Clause 12.3 (Alternative Reference Bank Rate) applies but an Alternative Reference Bank does not supply a quotation before close of business in London on the date falling one Business Day after the Quotation Day for that Loan, the applicable Alternative Reference Bank Rate shall be determined on the basis of the quotations of the remaining Alternative Reference Banks.
CHANGES TO THE CALCULATION OF INTEREST. 11.1 Absence of quotations
(a) LIBOR; or
(b) if applicable, EURIBOR, is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the Specified Time on the Quotation Day, the applicable LIBOR or EURIBOR, as the case may be, shall be determined on the basis of the quotations of the remaining Reference Banks.
CHANGES TO THE CALCULATION OF INTEREST. 12.1 Unavailability of Term SOFR
(a) Interpolated Term SOFR: If by the Specified Time on the Quotation Day, no Term SOFR is available for the Interest Period of a Term SOFR Rate Loan, the applicable Term SOFR Reference Rate shall be the Interpolated Term SOFR for a period equal in length to the Interest Period of that Term SOFR Rate Loan.
CHANGES TO THE CALCULATION OF INTEREST. Subject to Section 8.1, if USD LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply a quotation by the specified time on the Quotation Day, the applicable USD LIBOR shall be determined on the basis of the quotations of the remaining Reference Banks.
