Change in Market Conditions. Triggering Events
Change in Market Conditions. If, during the life of this Agreement, the contractual price mechanisms described hereinabove no longer reflect the announced ALCOA price mechanisms, the price mechanism available to ANC from ALCAN or KAISER, or the price mechanism currently being offered to other ALCOA's customers by ALCOA, ANC and ALCOA agree to meet and discuss these changes and their impact on this Agreement, with the goal not to disadvantage either party.
Change in Market Conditions. (a) Subject to paragraph (b) below, if LIBOR or, if applicable, EURIBOR is to be calculated by reference to the Reference Lenders but a Reference Lender does not supply a quotation by 12:00 noon London time, in the case of LIBOR, or Brussels time, in the case of EURIBOR, on the Quotation Day, the applicable LIBOR or EURIBOR shall be calculated on the basis of the quotations of the remaining Reference Lenders.
Change in Market Conditions. (1) If at any time prior to the commencement of any interest period the Lender determines that for whatever reason, including by reason of circumstances affecting the Singapore interbank market, the interest rate set out under Clause 7(A) does not accurately reflect the cost to the Lender of making or maintaining the Advance during such interest period, the Lender shall give notice of such fact to the Borrower.
Change in Market Conditions. 10.1 If, in relation to the fixing of an Interest Period relating to a Loan or an Unpaid Sum, by reason of circumstances affecting the Relevant Interbank Market or circumstances affecting the Singapore foreign exchange market:
Change in Market Conditions. 26 17. Applicable Law/Submission to Jurisdiction......................................................26 18. Assignment.....................................................................................27 19. Counterparts...................................................................................27 20. Definitions....................................................................................27 Schedule A List of Borrowing Subsidiaries Schedule B Existing Loan Agreements Schedule C Outstanding Loan Amounts Schedule D Terms of Warrants Exhibit A Form of Borrowing Notice Exhibit B Form of Note Exhibit C Form of Warrant Agreement Credit Facility Agreement, dated as of February 27, 2002 ("AGREEMENT"), among Global Card Holdings, Inc., a Delaware corporation ("GLOBAL"), AT&T Corp., a New York corporation ("AT&T," and together with Global and the respective Affiliates and successors of AT&T and Global, the "LENDERS"), AT&T Latin America Corp., a Delaware corporation (the "BORROWER" or "ATTL") and each Person listed on Schedule A hereto (each, a "BORROWING SUBSIDIARY"). Certain capitalized terms used herein are defined in Section 20.
Change in Market Conditions. During any period or periods when, in the reasonable opinion of the Manager, the state of the financial markets becomes such that it would be impracticable or unprofitable to offer or to continue to offer the Deferred Charge Securities for sale to the public, or if any event has occurred or situation developed which renders it inexpedient or unprofitable to offer or to continue to offer the Deferred Charge Securities for sale to the public, the Funds and the Manager shall be under no obligation to offer or to continue to offer the Deferred Charge Securities for sale to the public. Any such discontinuation in the offering of Deferred Charge Securities will not have any effect on the obligation of the Manager and the Funds to pay FEP the remuneration to which it is entitled under Article 4 or to continue to qualify outstanding Distributed Securities under applicable securities legislation, to the extent necessary to give effect to the provisions of this Agreement.
Change in Market Conditions. 17 17. DEFINITIONS............................................................17 18. APPLICABLE LAW/SUBMISSION TO JURISDICTION..............................22
