Market Disruption Primjeri odredbi

Market Disruption. (a) If a Market Disruption Event affects the interbank market in the Eurozone and it is impossible: (i) for the fixed Interest Rate, to determine the fixed Interest Rate applicable to a Drawdown, or (ii) for the variable Interest Rate, to determine the applicable EURIBOR for the relevant Interest Period, the Lender shall inform the Borrower. (b) Upon the occurrence of the event described in paragraph (a) above, the applicable Interest Rate, as the case may be, for the relevant Drawdown or for the relevant Interest Period will be the sum of: (i) the Margin; and (ii) the percentage rate per annum corresponding to the cost to the Lender of funding the relevant Drawdowns(s) from whatever source it may reasonably select. Such rate shall be notified to the Borrower as soon as possible and, in any case, prior to (1) the first Payment Date for interest owed under such Drawdown for the fixed Interest Rate or (2) the Payment Date for interest owed under such Interest Period for the variable Interest Rate.
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Market Disruption. If before close of business in Brussels on the Quotation Day for the relevant Interest Period the Agent receives notifications from a Lender that the cost to it of funding its participation in that Loan from whatever source it may reasonably select for euros would be in excess of EURIBOR: (a) the Agent shall promptly notify the Borrower of the same;
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Market Disruption. (1) In this Article, each of the following events constitutes a market disruption event: (a) The rate as provided in Article 6.3 is not available and none, or the relevant Reuters screen rate (or the relevant replacement service) is zero or negative, or none or only one Reference Bank supplies to the lender a rate on the relevant Quotation Day; or (b) before close of business on the date falling five (5) Business Days after the relevant Quotation Day, the Borrower receives notifications from the Lender that the cost to it of obtaining matching deposits in the relevant interbank market is in excess of the cost to the Lender of obtaining matching deposits in the relevant interbank market as of the effective date of this Agreement. (2) The Lender shall promptly notify the Borrower of a market disruption event. (3) If a market disruption event occurs in relation to a Disbursement for any Interest Period, after notification under paragraph (2) above, the rate of interest on that Disbursement for that Interest Period shall be the percentage rate per annum which is the aggregate of: (a) the Margin; and (b) the rate notified to the Borrower by the Lender as soon as practicable and in any event before interest is due to be paid in respect of that Interest Period, to be that which expresses as a percentage rate per annum the cost to the Lender of funding the Loan from whatever source it may reasonably select.
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Market Disruption. Replacement of Screen Rate
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Related to Market Disruption

  • Kamatna xxxxx 3.01A Tranše sa fiksnom stopom Zajmoprimac plaća kamatu na neizmireni iznos svake Tranše sa fiksnom stopom po Fiksnoj stopi kvartalno, polugodišnje ili godišnje na odgovarajuće Datume plaćanja xxxx xx navedeno u Obaveštenju o isplati, počev od prvog takvog Datuma plaćanja nakon Datuma isplate Tranše. Ako je period od Datuma isplate do prvog Datuma plaćanja 15 (petnaest) xxxx ili manje, onda se plaćanje xxxxxx obračunate u xxx periodu odlaže do sledećeg Datuma plaćanja. Kamata se obračunava na osnovu člana 5.01(a). 3.01B Tranše sa varijabilnom stopom Zajmoprimac plaća kamatu na neizmireni iznos svake Tranše sa varijabilnom stopom po Varijabilnoj stopi kvartalno, polugodišnje ili godišnje, na odgovarajuće Datume plaćanja, xxxx xx navedeno u Obaveštenju o isplati, počev od prvog takvog Datuma plaćanja nakon Datuma isplate Tranše. Ako je period od Datuma isplate do prvog Datuma plaćanja 15 (petnaest) xxxx ili manje, onda se plaćanje xxxxxx obračunate u xxx periodu odlaže do sledećeg Datuma plaćanja. Banka obaveštava Zajmoprimca o Varijabilnoj stopi u roku od 10 (deset) xxxx xxxxx početka svakog Referentnog perioda za varijabilnu stopu. Ako se, saglasno čl. 1.05 i 1.06 isplata bilo koje Tranše sa varijabilnom stopom dogodi posle Zakazanog datuma isplate, XXXXXXX koji se primenjuje za prvi Referentni period za varijabilnu stopu primenjuje xx xxx da je isplata izvršena na Zakazani datum isplate. Kamata se obračunava za svaki Referentni period za varijabilnu stopu na osnovu člana 5.01(b). Ako je Varijabilna xxxxx za xxxx xxxx Referentni period za varijabilnu stopu ispod nule, ona će biti postavljena na nulu.