Common use of Alternative basis of interest or funding Clause in Contracts

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 58 contracts

Samples: Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Loan Agreement (Safe Bulkers, Inc.)

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Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Company so requires, the Agent and the Borrower Company shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 56 contracts

Samples: Facilities Agreement (Luxfer Holdings PLC), Agreement (Alliance Data Systems Corp), Amendment and Restatement Agreement (Markit Ltd.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower Company so requires, the Facility Agent and the Borrower Company shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 25 contracts

Samples: Facility Agreement (Coca-Cola HBC AG), Bridge Facility Agreement (Coca-Cola HBC AG), Facility Agreement (Coca-Cola HBC AG)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 12 contracts

Samples: Agreement (GDS Holdings LTD), Agreement (GDS Holdings LTD), Facility Agreement (Randgold Resources LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 12 contracts

Samples: Facility Agreement (Paringa Resources LTD), Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Facility Agreement (Giant Interactive Group Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Company so requires, the Agent and the Borrower Company shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 11 contracts

Samples: Assignment Agreement (Gold Fields LTD), Facility Agreement (Sappi LTD), Agreement (Melrose PLC)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Parent so requires, the Agent and the Borrower Parent shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 9 contracts

Samples: Credit Facilities Agreement (Gold Fields LTD), Assignment Agreement (Gold Fields LTD), Assignment Agreement (Gold Fields LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Parent so requires, the Agent and the Borrower Parent shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 9 contracts

Samples: Facilities Agreement (Genesco Inc), Facilities Agreement (Cemex Sab De Cv), Management Agreement (Sunrise Senior Living Inc)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Lender or the Borrower so requires, the Agent Lender and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 8 contracts

Samples: Facility Agreement, Facility Agreement (CALGON CARBON Corp), Facility Agreement (Far East Energy Corp)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 6 contracts

Samples: Agreement (KNOT Offshore Partners LP), Facility Agreement (KNOT Offshore Partners LP), Term Facility Agreement

Alternative basis of interest or funding. (aA) If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 5 contracts

Samples: Charge Over (Kosmos Energy Ltd.), Intercompany Loan Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

Alternative basis of interest or funding. (a) 7.9.1 If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 5 contracts

Samples: Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Obligors’ Agent so requires, the Agent and the Borrower Obligors’ Agent shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 5 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.), Facility Agreement (Octel Corp)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 5 contracts

Samples: Facility Agreement (China XD Plastics Co LTD), Facilities Agreement (3SBio Inc.), Facility Agreement (PT Indosat TBK)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Company so requires, the Agent and the Borrower Company shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interestinterest in respect of the relevant Loan.

Appears in 5 contracts

Samples: Facilities Agreement (Cemex Sab De Cv), Facilities Agreement (Cemex Sab De Cv), Facilities Agreement (Cemex Sa De Cv)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Borrowers so requiresrequire, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 4 contracts

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Alternative basis of interest or funding. (a) 12.3.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower Obligors’ Agent shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 4 contracts

Samples: Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 4 contracts

Samples: Assignment Agreement (NORDIC AMERICAN TANKERS LTD), Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)

Alternative basis of interest or funding. (a) 10.3.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 4 contracts

Samples: Loan Agreement (Scorpio Bulkers Inc.), Scorpio Bulkers Inc., Safe Bulkers, Inc.

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 4 contracts

Samples: Facility Agreement (China Security & Surveillance Technology, Inc.), Agreement (Coeur D Alene Mines Corp), Facility Agreement (SinoTech Energy LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the a Borrower so requires, the Agent and the that Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 4 contracts

Samples: Igt Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the a Borrower so requires, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 4 contracts

Samples: Facilities Agreement (Molson Coors Brewing Co), Facilities Agreement (Molson Coors Brewing Co), Facilities Agreement (Molson Coors Brewing Co)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Parent so requires, the Agent and the Borrower Parent shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 4 contracts

Samples: Facility Agreement (Orion Engineered Carbons S.a r.l.), Facility Agreement (Rockwood Holdings, Inc.), Senior Subscription Agreement (TPG Advisors IV, Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Intercreditor Agent or the relevant Borrower so requires, the Intercreditor Agent and the relevant Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower Parent so requires, the Facility Agent and the Borrower Parent shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Agreement (Groupe Eurotunnel SA), Agreement (Groupe Eurotunnel SA), Facilities Agreement (Iron Mountain Inc/Pa)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower Obligors’ Agent so requires, the Facility Agent and the Borrower Obligors’ Agent shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Borrowers so requires, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Facility Agreement (Flex LNG Ltd.), Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the a Borrower so requires, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Term and Revolving Facilities Agreement

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Company so requires, the Agent and the Borrower Company shall enter into negotiations in good faith (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Facility Agreement (Aon Corp), Agreement (Aon Corp), Agreement (Aon Corp)

Alternative basis of interest or funding. (a) 12.3.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 15 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (International Shipping Enterprises, Inc.), Agreement (Navios Maritime Holdings Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the COFACE Agent or the Borrower so requires, the COFACE Agent and the Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Coface Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing to a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Agreement (Anthracite Capital Inc), Agreement (Anthracite Capital Inc), Multicurrency Revolving Facility Agreement (Anthracite Capital Inc)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Administrative Agent or the Borrower so requires, the Administrative Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Agreement (Dorian LPG Ltd.), Agreement (Dorian LPG Ltd.), Term Facility Agreement (Cadence Design Systems Inc)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Lender or the Borrower Company so requires, the Agent Lender and the Borrower Company shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 3 contracts

Samples: Letter of Credit and Cash Draw Agreement (UTi WORLDWIDE INC), Agreement (Best Buy Co Inc), Agreement (Best Buy Co Inc)

Alternative basis of interest or funding. (a) 10.3.1 If a Market Disruption Event occurs and the Agent or the Borrower Borrowers so requiresrequire, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Loan Agreement (DHT Holdings, Inc.), Facility Agreement (Elbit Medical Imaging LTD)

Alternative basis of interest or funding. (a) 7.11.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Teekay LNG Partners L.P., Teekay LNG Partners L.P.

Alternative basis of interest or funding. (a) 11.3.1 If a Market Disruption Event occurs and the Agent or the Borrower Company so requires, the Agent and the Borrower Company shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Agreement (AVG Technologies N.V.), Agreement (Marconi Corp PLC)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the COFACE Agent or the Borrower so requires, the COFACE Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Confidential Treatment (Iridium Communications Inc.), Confidential Treatment (Iridium Communications Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Lender or the a Borrower so requires, the Agent Lender and the such Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Agreement (FreeSeas Inc.), Agreement (FreeSeas Inc.)

Alternative basis of interest or funding. (a) If a an Alternative Market Disruption Event occurs and the Agent or the Borrower Company so requires, the Agent and the Borrower Company shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Senior Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)

Alternative basis of interest or funding. (aA) If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Facility Agreement (Kosmos Energy Ltd.), Credit Facility Agreement (Kosmos Energy Ltd.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower Co-ordinator so requires, the Facility Agent and the Borrower Co-ordinator shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Facility Agreement (Avis Budget Group, Inc.), Facility Agreement (Avis Budget Group, Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower Obligors’ Agent so requires, the Facility Agent and the Borrower Obligors’ Agent shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Agreement (BHP Billiton PLC), Facility and Subscription Agreement (BHP Billiton PLC)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requiresrequire, the Agent and the Borrower shall must enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Assignment Agreement (DHT Holdings, Inc.), Assignment Agreement (DHT Holdings, Inc.)

Alternative basis of interest or funding. (a) 11.3.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Facility Agreement (Avolon Holdings LTD), Facility Agreement (Avolon Holdings LTD)

Alternative basis of interest or funding. (a) 7.11.1 If a Market Disruption Event occurs and the Agent or the Borrower Borrowers so requiresrequire, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Teekay LNG Partners L.P.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) and use commercially reasonable efforts to minimise the interest cost to the Borrower with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Agreement (Mechel OAO), Facility Agreement (Mechel OAO)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs in relation to the Loan and any Interest Period and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interestinterest applicable to the Loan.

Appears in 2 contracts

Samples: Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest. For the avoidance of doubt, in the event that no substitute basis is agreed at the end of such period of negotiation, the rate of interest shall continue to be determined in accordance with this Agreement.

Appears in 2 contracts

Samples: Facilities Agreement (Igate Corp), Facilities Agreement (Igate Corp)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the relevant Borrower so requires, the Facility Agent and the relevant Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the a Borrower so requires, the Agent and the Borrower that Xxxxxxxx shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Lender or the Borrower so requires, the Agent Lender and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Agreement (Mobile Telesystems Ojsc), Anthracite Capital Inc

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Parent so requires, the Agent and the Borrower Obligors’ Agent shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Facility Agreement (Enstar Group LTD), Facilities Agreement (Enstar Group LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interestinterest in respect of the relevant Loan.

Appears in 2 contracts

Samples: Facilities Agreement (Cemex Sab De Cv), Term and Revolving Facilities Agreement (Cemex Sa De Cv)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty seven (7) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Agreement (Sesa Sterlite LTD), Agreement (Sesa Sterlite LTD)

Alternative basis of interest or funding. (a) 10.3.1. If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: www.sec.gov, Term Loan Facility Agreement (Sibanye Gold LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Issuing Bank or the Borrower A so requires, the Agent Issuing Bank and the Borrower A shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: First Amendment Agreement (Aspen Insurance Holdings LTD), Multicurrency Letter of Credit Facility Agreement (Aspen Insurance Holdings LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Borrowers so requires, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty days(30) days with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

Alternative basis of interest or funding. (a) 10.3.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Financier or the a Borrower so requires, the Agent Financier and the Borrower Obligors’ Agent shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Facility Agreement (Hardie James Industries Nv), Facility Agreement (Hardie James Industries Nv)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Obligors’ Agent so requires, the Agent and the Borrower Obligors’ Agent shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Facility Agreement (Innospec Inc.), Revolving Facility Agreement (Innospec Inc.)

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Alternative basis of interest or funding. (a) 19.5.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Agreement (HCC Insurance Holdings Inc/De/)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interestinterest or (as the case may be) an alternative basis for funding.

Appears in 2 contracts

Samples: Assignment Agreement (Ocean Rig UDW Inc.), Assignment Agreement (Ocean Rig UDW Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interestinterest under this Agreement.

Appears in 2 contracts

Samples: Senior Facilities Agreement (OneSmart International Education Group LTD), Facility Agreement (China Mengniu Dairy Co LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Borrowers so requiresrequire, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Credit Facilities Agreement, Credit Facilities Agreement (KNOT Offshore Partners LP)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Company so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 2 contracts

Samples: Supplemental Agreement (Smithfield Foods Inc), Multicurrency Revolving Facility Agreement (Smithfield Foods Inc)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and occurs, the Agent shall promptly notify the Borrower and, if the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Agreement (Cascal N.V.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower an Obligor so requires, the Agent and the Borrower that Obligor shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Facility Agreement (Danaos Corp)

Alternative basis of interest or funding. (a) 10.3.4 If a Market Disruption Event occurs and the Agent or the Borrower Borrowers so requiresrequire, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the a Borrower so requires, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Facility Agreement (Tower Group International, Ltd.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Lenders or the Borrower Company so requires, the Agent Lenders and the Borrower Company shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Agreement (Best Buy Co Inc)

Alternative basis of interest or funding. (a) 7.11.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: www.lw.com

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs in relation to a Term Loan and any Interest Period relating thereto and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interestinterest applicable to that Term Loan.

Appears in 1 contract

Samples: Facilities Agreement (RISE Education Cayman LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days(30) days with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Agreement (DHT Holdings, Inc.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower Obligors’ Agent shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Enstar Group LTD

Alternative basis of interest or funding. (a) 10.5 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Teekay LNG Partners L.P.

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Company so requires, the Agent and the Borrower Company shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Agreement (Mitchells & Butlers PLC)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty seven days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Sesa Sterlite LTD

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interestinterest under this Agreement.

Appears in 1 contract

Samples: Facility Agreement (WuXi PharmaTech (Cayman) Inc.)

Alternative basis of interest or funding. (a) 4.6.1 If a Market Disruption Event occurs and the Facility Agent or the a Borrower so requires, the Facility Agent and the such Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Restatement Agreement (Fly Leasing LTD)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty ten days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Facility Agreement (Cemex Sab De Cv)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the relevant Borrower so requires, the Agent and the that Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Agreement (Alpha Beta Netherlands Holding N.V.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Lender or the Original Borrower so requires, the Agent Lender and the Original Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Agreement (Oil States International, Inc)

Alternative basis of interest or funding. (aA) If a Market Disruption Event occurs and the relevant Facility Agent or the Borrower so requires, the relevant Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Common Terms Agreement (Kosmos Energy Ltd.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Borrowers so requiresrequire, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Cascal Facility Agreement (Cascal N.V.)

Alternative basis of interest or funding. (a) 10.3.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Navigator Holdings Ltd.

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Company so requires, the Agent and the Borrower Company shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing to a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Agreement (New Frontier Public Holding Ltd.)

Alternative basis of interest or funding. (a) 20.5.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: HCC Insurance Holdings Inc/De/

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Issuing Bank or the a Borrower so requires, the Agent Issuing Bank and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (Tower Group International, Ltd.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Lender or the Borrower to which a Loan has been made so requires, the Agent Lender and the that Borrower shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Facility Agreement (Fabrinet)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Principal Company so requires, the Agent and the Borrower Principal Company shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Agreement (General Geophysics Co)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Borrower` so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Agreement (Citigroup Inc)

Alternative basis of interest or funding. (a) 16.3.1 If a Market Disruption Event occurs and the Agent or the Borrower Company so requires, the Agent and the Borrower Company shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent so requires or the Borrower Borrowers so requiresrequire, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent (acting on the instructions of all the Lenders) or the Borrower so requires, the Facility Agent and the Borrower shall enter into negotiations (for a period of not more than thirty 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Agreement (Micron Technology Inc)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Agents or the Borrower Company so requires, the Agent Agents and the Borrower Company shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Facility Agreement (TRM Corp)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent Financier or [the / a] Borrower so requires, the Agent Financier and the [Borrower / Obligors’ Agent] shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Facility Agreement (James Hardie Industries Se)

Alternative basis of interest or funding. (a) 10.3.1 If a Market Disruption Event occurs and the Agent or the Borrower Borrowers so requiresrequire, the Agent and the Borrower Borrowers shall enter into negotiations (for a period of not more than thirty fifteen days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)

Alternative basis of interest or funding. (a) 12.3.1 If a Market Disruption Event occurs and the Agent or the Borrower so requires, the Agent and the Borrower shall enter into negotiations (for a period of not more than thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Facility Agreement (Ivanhoe Energy Inc)

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Agent or the Borrower Parent so requires, the Agent and the Borrower Parent shall enter into negotiations (for a period of not more than thirty (30) days) with a view to agreeing a substitute basis for determining the rate of interestinterest in respect of any affected Loan.

Appears in 1 contract

Samples: Facilities Agreement (Atento S.A.)

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