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 Facility Agent or the Company so requires, the Company and the Facility Agent must enter into negotiations for a period of not more than 30 days with a view to agreeing an alternative basis for determining the rate of interest and/or funding for the affected Loan.

Alternative basis of interest or funding. (a) If a market disruption event Market Disruption Event occurs and the Facility Agent or the Company so requires, the Company Facility Agent and the Facility Agent must Company shall enter into negotiations (for a period of not more than 30 days thirty (30) days) with a view to agreeing an alternative a substitute basis for determining the rate of interest and/or funding for the affected Loaninterest. If no agreement is reached, Clause 12.2 (Market Disruption) shall continue to apply.

Alternative basis of interest or funding. (a) If a market disruption event occurs and the Facility Agent or the Company Parent so requires, the Company Parent and the Facility Agent must enter into negotiations for a period of not more than 30 days with a view to agreeing an alternative basis for determining the rate of interest and/or funding for the affected Loan and any future Loan.

Alternative basis of interest or funding. (a) If a market disruption event occurs and the Facility Agent or the Company Representative Borrower so requiresrequire, the Company Representative Borrower and the Facility Agent must enter into negotiations for a period of not more than 30 thirty (30) days with a view to agreeing to an alternative basis for determining the rate of interest and/or funding for the affected Loan and any future Loan.

Alternative basis of interest or funding. (a) If a market disruption event occurs and the a Facility Agent or the Company so requires, the Company and the that Facility Agent must enter into negotiations for a period of not more than 30 days with a view to agreeing an alternative basis for determining the rate of interest and/or funding for the affected Loan.