Rate Determination Agent means (i) an independent third party (acting in good faith and in a commercially reasonable manner) appointed by the Issuer, using commercially best efforts, or(ii) if it is not reasonably practicable to appoint such third party, the Issuer (acting in good faith and in a commercially reasonable manner), to determine the Replacement Reference Rate in accordance with this Condition 5(c) and in conjunction with an Independent Adviser (as applicable).
Rate Determination Agent means an agent appointed by the Issuer which may be (i) an Independent Adviser, (ii) a leading bank or a broker-dealer in the principal financial centre of the Specified Currency (which may include one of the Dealers involved in the issue of the Notes) as appointed by the Issuer,
Rate Determination Agent means (A) a major bank or broker-dealer in the Netherlands, the European Union or the United Kingdom as appointed by the Issuer; or (B), if it is not reasonably practicable to appoint a party as referred to under (A), the Issuer, to determine the Replacement Reference Rate in accordance with this Condition.
Examples of Rate Determination Agent in a sentence
If the Rate Determination Agent determines that there is an industry-accepted successor rate, the Rate Determination Agent will use such successor rate to determine the relevant Reference Rate.
More Definitions of Rate Determination Agent
Rate Determination Agent means (a) an independent financial institution of international standing or an independent financial adviser of recognized standing (that is not an Affiliate of the Company) as appointed by the Company at the expense of the Company or (b) if it is not reasonably practicable to appoint a party as referred to under (a), the Company.
Rate Determination Agent means Citibank, N.A., London Branch, including any successor or replacement thereto.
Rate Determination Agent means an independent financial institution of international repute or other independent financial adviser experienced in the international debt capital markets, in each case selected and appointed by the Issuer.
Rate Determination Agent has the meaning ascribed thereto in Clause 8.1 of this Agreement;
Rate Determination Agent means (i) a third party appointed by the Issuer, using commercially best efforts, or (ii) if it is not reasonably practicable to appoint such third party, the Issuer, to determine the Replacement Reference Rate in accordance with this Clause.
Rate Determination Agent means the Servicer unless the Servicer refuses such appointment, in which case the Rate Determination Agent shall be a third party appointed by the Issuer.
Rate Determination Agent means a third party appointed by NIBC or, if it is not reasonably practicable to appoint such third party, NIBC, to determine the Replacement Reference Rate in accordance with this Condition.