Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Financier or the Borrower so requires, the Financier 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 3 contracts
Samples: Term Facility Agreement (James Hardie Industries Se), Hardie James Industries Nv, Hardie James Industries Nv
Alternative basis of interest or funding. (ai) If a Market Disruption Event occurs and the Financier Agent or the Borrower so requires, the Financier 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 2 contracts
Samples: Million Facility Agreement (Sterlite Industries (India) LTD), Facility Agreement (Sterlite Industries (India) LTD)
Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Financier Lender or the relevant Borrower so requires, the Financier Lender 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: Harsco Corp, Harsco Corp
Alternative basis of interest or funding. (a) 9.3.1 If a Market Disruption Event occurs and the Financier Lender or the Borrower so requires, the Financier 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 2 contracts
Samples: Agreement (Atlatsa Resources Corp), Agreement (Atlatsa Resources Corp)
Alternative basis of interest or funding. (a) 10.2.1 If a Market Disruption Event occurs and the Financier Lender or the Borrower so requires, the Financier 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 1 contract
Samples: Omnibus Security Agreement (Infiniti Solutions LTD)
Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Financier or the Borrower so requiresoccurs, the Financier Agent and the Borrower shall (in good faith) 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
