Common use of Alternative Basis Clause in Contracts

Alternative Basis. If a notification under Clause 14.2 (Market disruption) applies: (a) (i) in the case of a Loan which has not been made, and unless the relevant Borrower notifies the Agent to the contrary before close of business on the day it received the notification under Clause 14.2 (Market disruption), the Loan shall still be made but it shall be denominated (at the option of the relevant Borrower) in Sterling or U.S. Dollars (or a combination) shall have an Interest Period of one month and the interest payable on that Loan shall be determined in accordance with this Clause 14.3; and

Alternative Basis. If a notification under Clause 14.2 16.2 (Market disruption) applies: (a) (i) in the case of a Loan which has not been made, and unless the relevant Borrower notifies the Agent to the contrary before close of business on the day it received the notification under Clause 14.2 16.2 (Market disruption), the Loan shall still be made but it shall be denominated (at the option of the relevant BorrowerAgent) in euros, Sterling or U.S. Dollars (or a combination) combination thereof), shall have an Interest Period of one month and the interest payable on that Loan shall be determined in accordance with this Clause 14.316.3; and

Alternative Basis. If a notification under Clause 14.2 (Market disruption) applies: (a) (i) in the case of a Loan which has not been made, and unless the relevant Borrower notifies the Agent to the contrary before close of business on the day it received the notification under Clause 14.2 (Market disruption), the Loan shall still be made but it shall be denominated (at the option of the relevant Borrower) in Sterling or U.S. Dollars (or a combination) shall have an Interest Period of one month and the interest payable on that Loan shall be determined in accordance with this Clause 14.3paragraph (d) below; and