Adjusted LIBOR Sample Clauses

Adjusted LIBOR. Advance Limit....................................................

Adjusted LIBOR. Subsection 1.1 of the Credit Agreement is hereby further amended by adding the following to the end of the definition of “Adjusted LIBOR” appearing therein: “For any Interest Period with respect to any LIBOR Loan advanced by a Lender required to comply with the relevant requirements of the Bank of England and the Financial Services Authority of the United Kingdom, Adjusted LIBOR shall be the sum of (a) the rate determined in accordance with the first sentence of this definition and (b) the Mandatory Cost Rate for such Interest Period.”

Adjusted LIBOR. (A) Bank shall give Borrower prompt notice of the Adjusted LIBOR determined for an Interest Period, and absent manifest error, each determination of such rates by Bank shall be conclusive and binding for all purposes hereof.

Adjusted LIBOR a. Lender shall give Borrower prompt notice of the Adjusted LIBOR determined by Lender for an Interest Period, and absent manifest or arithmetic error, each determination of such rates by Lender shall be conclusive and binding for all purposes hereof. b. If Borrower requests a draw down of the credit facility as, or conversion to, or continuation of an Adjusted LIBOR Loan for an Interest Period and (a) Bank or Lender determines that, by reason of circumstances affecting the interbank Eurodollar market generally, deposits in Dollars (in the applicable amounts) are not then being offered to banks in the London Interbank Eurodollar Market for the selected Interest Period, or (b) Lender shall certify in good faith that the relevant rates of interest referred to in the definition of Adjusted LIBOR will not accurately reflect the cost to Lender of making or maintaining Adjusted LIBOR Loans for the Interest Periods therefor, then Lender shall give notice thereof to Borrower not later than the proposed Conversion Date, whereupon until Lender notifies Borrower that the circumstances giving rise to such suspension no longer exist, the obligation of Lender to draw down, convert, or continue any part of the Loan to bear interest at Adjusted LIBOR shall be suspended so long as such circumstances exist. c. If, after the date of this Agreement, the adoption of or any change in applicable Rules or change in the interpretation or administration thereof, by a governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by Bank or Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agency shall make it unlawful or impossible for Bank or Lender to draw down, convert, or maintain loans at Adjusted LIBOR, Lender will forthwith notify Borrower of the circumstances and the interest rates on the applicable portions of the outstanding Adjusted LIBOR Loans shall be deemed to have been converted to the Reference Rate on either (a) the last day of the then current Interest Period if Bank or Lender may lawfully continue to maintain loans at the Adjusted LIBOR to such day, or (b) immediately if Bank or Lender may not lawfully continue to maintain loans at Adjusted LIBOR to such day. d. If, after the date of this Agreement, any governmental authority, central bank, or other comparable authority shall at any time impose, modify, or deem applic...

Adjusted LIBOR. From and after the date of any Default and the expiration of any applicable cure period, interest on funds outstanding hereunder shall accrue at the Default Rate. All interest and fees, if any, payable hereunder shall be computed for the actual number of days elapsed on the basis of a year consisting of three hundred sixty (360) days. Bank is authorized to rely on the oral or written loan requests, including telecopy or telegraphic loan requests, which Bank believes in its good faith judgment to emanate from a properly authorized representative of Borrower, whether or not that is in fact the case.

Adjusted LIBOR. For any Interest Period an interest rate per annum determined equal to the quotient of (a) LIBOR for such Interest Period, divided by (b) 1.00 - Eurodollar Reserve Percentage in effect from time to time. As used above, “Eurodollar Reserve Percentage” for any day during any Interest Period, means the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the Federal Reserve Bank for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency Liabilities”). Adjusted LIBOR for each outstanding LIBOR Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.