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

Alternative basis of interest or funding. 10.3.1 Without prejudice to the generality of Clause 10.2, 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 30 days, or such longer period as the Facility Agent may agree) with a view to agreeing a substitute basis for determining the rate of interest.

Alternative basis of interest or funding. 10.3.1 Without prejudice to the generality of Clause 10.2, if 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 30 (thirty days, or such longer period as the Facility Agent may agree)) with a view to agreeing a substitute basis for determining the rate of interest, failing which the provisions of clause 6.3.5 shall continue to apply.

Alternative basis of interest or funding. 10.3.1 Without prejudice to the generality of Clause 10.2, if 12.3.1 If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall shall, without prejudice to the operation of Clause 12.2 (Market disruption), enter into negotiations (for a period of not more than 30 thirty days, or such longer period as the Facility Agent may agree) with a view to agreeing a substitute basis for determining the rate of interest.

Alternative basis of interest or funding. 10.3.1 Without prejudice to the generality of Clause 10.2, if 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 30 (thirty days, or such longer period as the Facility Agent may agree)) with a view to agreeing a substitute basis for determining the rate of interest, failing which the provisions of clause 5.6 shall continue to apply.

Alternative basis of interest or funding. 10.3.1 Without prejudice to the generality of Clause 10.2, if 12.3.7 If a Market Disruption Event occurs and the Facility Agent or the Borrower so requires, the Facility Agent and the Borrower shall shall, without prejudice to the operation of Clause 12.2 (Market disruption), enter into negotiations (for a period of not more than 30 thirty days, or such longer period as the Facility Agent may agree) with a view to agreeing a substitute basis for determining the rate of interest.

Alternative basis of interest or funding. 10.3.1 Without prejudice to the generality of Clause 10.2, if 5.5.1 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 30 (thirty) days, or such longer period as the Facility Agent may agree) with a view to agreeing a substitute basis for determining the rate of interest, failing which the provisions of Clause 5.4 (Market Disruption) shall continue to apply.