Common use of Changes in Clause in Contracts

Changes in. market circumstances If at any time a Bank determines (which determination shall be final and conclusive and binding on the Borrower) that, by reason of changes affecting the London Interbank market, adequate and fair means do not exist for ascertaining the rate of interest on the Facility or any part thereof pursuant to this Agreement:-

Appears in 4 contracts

Samples: Facility Agreement (Gulfmark Offshore Inc), Loan Facility Agreement (Gulfmark Offshore Inc), Loan Facility Agreement (Gulfmark Offshore Inc)

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Changes in. market circumstances If at any time a Bank determines (which determination shall be final and conclusive and binding on the Borrower) that, by reason of changes affecting the London Interbank market, adequate and fair means do not exist for ascertaining the rate of interest on the Facility or any part thereof pursuant to this Agreement:-Agreement:¬

Appears in 1 contract

Samples: Gulfmark Offshore Inc

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Changes in. market circumstances If at any time a Bank Lender determines (which determination shall be final and conclusive and binding on the BorrowerBorrowers) that, by reason of changes affecting the London Interbank market, adequate and fair means do not exist for ascertaining the rate of interest on the Facility or any part thereof pursuant to this Agreement:-

Appears in 1 contract

Samples: Agreement (Teekay LNG Partners L.P.)

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