Common use of Absence of quotations Clause in Contracts

Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant Rate Fixing Day, the applicable LIBOR shall, subject to Clause 14.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 4 contracts

Samples: Agreement (Spirent PLC), Credit Agreement (Spirent PLC), Credit Agreement (Ti Group PLC)

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Absence of quotations. If LIBOR or EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR or EURIBOR shall, subject to Clause 14.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 2 contracts

Samples: Facility Agreement (Adecco Sa), Agreement (Adecco Sa)

Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR shall, subject to Clause 14.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (Autoliv Inc)

Absence of quotations. If LIBOR is to be being determined by reference to quotations by the Reference Banks but and a Reference Bank does not supply an offered rate by 11.30 a.m. on 1:00 p.m. two Business Days before the first day of the relevant Rate Fixing DayInterest Period, the applicable LIBOR shall, subject to Clause 14.2 12.3 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Revolving Facility Agreement (Vishay Precision Group, Inc.)

Absence of quotations. If LIBOR or EURIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR or EURIBOR shall, subject to Clause 14.2 15.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Second Supplemental Agreement (Adecco Sa)

Absence of quotations. If LIBOR LIBOR, EURIBOR or XXXXXX is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR LIBOR, EURIBOR or XXXXXX shall, subject to Clause 14.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (Autoliv Inc)

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Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR shall, subject to Clause 14.2 12.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Anglogold Ashanti LTD)

Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on two Business Days before the relevant Rate Fixing Dayfirst day of an Interest Period, the applicable LIBOR shall, subject to Clause 14.2 12.2 (Market disruptionDisruption), be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Century Aluminum Co)

Absence of quotations. If LIBOR is to be determined by reference to the Reference Banks but a Reference Bank does not supply an offered rate by 11.30 a.m. on the relevant a Rate Fixing Day, the applicable LIBOR shall, subject to Clause 14.2 13.2 (Market disruption), be determined on the basis of the quotations of the remaining Reference Banks.

Appears in 1 contract

Samples: Agreement (Anglogold Ashanti LTD)

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