Examples of LIBOR Scheduled Unavailability Date in a sentence
Section 1.1 of the Credit Agreement is hereby amended by deleting in their entirety the definitions of " Adjusted LIBOR Rate", "Interpolated Screen Rate", "LIBOR Rate", "LIBOR Loan", "LIBOR Scheduled Unavailability Date," "LIBOR Successor Rate", and "LIBOR Successor Rate Conforming Changes".
If, due to any circumstance affecting the London interbank market, (A) Agent reasonably determines that adequate and fair means do not exist for ascertaining LIBOR on any applicable date or that any requested Interest Period is not available on the basis provided herein, or (B) the LIBOR Scheduled Unavailability Date has occurred, then Agent shall immediately notify Borrower Agent of such determination.
If no LIBOR Successor Rate has been determined and the circumstances under clause (b)(i) above exist or the LIBOR Scheduled Unavailability Date has occurred (as applicable), the Agent will promptly so notify the Borrower Agent and each Lender.