EURODOLLAR AVAILABILITY Sample Clauses
EURODOLLAR AVAILABILITY. 2.14.1 In the event, and on each occasion, that on the day two Business Days prior to the commencement of any Interest Period for any Eurodollar Tranche, Administrative Agent shall have determined (which determination shall, in the absence of manifest error, be conclusive and binding upon Borrower) that U.S. Dollar deposits in the amount of the principal amount of the Eurodollar Tranche which is to have such Interest Period are not generally available in the London interbank market, or that the rate at which such U.S. Dollar deposits are being offered will not accurately reflect the cost to any Lender of funding or maintaining such principal amount of such Eurodollar Tranche during such Interest Period, or that reasonable means do not exist for ascertaining the LIBO Rate, (i) Administrative Agent shall, as soon as practicable thereafter, give written or telephonic notice (which telephonic notice shall be followed immediately with a notice by facsimile telecopy) of such determination to Lenders and Borrower, (ii) such principal amount of such Eurodollar Tranche shall automatically be converted, as of the last day of the Interest Period during which such determination is made, to an Alternate Rate Tranche subject to the last sentence of this paragraph, and (iii) any request by Borrower for such Eurodollar Tranche pursuant to Section 2.3 shall thereupon, and until the circumstances giving rise to such notice no longer exist (as notified by Administrative Agent to Borrower and Lenders), be deemed a request for an Alternate Rate Tranche. If at any time Administrative Agent shall have determined (which determination shall, in the absence of manifest error, be conclusive and binding upon Borrower) that any contingency has occurred which adversely affects the London interbank market or that any Requirement of Law or any change in any existing Requirement of Law or in the interpretation thereof or other circumstance affecting Lenders or the London interbank market makes the funding or maintaining of the Eurodollar Tranches impracticable, (1) Administrative Agent shall, as soon as practicable thereafter, give written or telephonic notice (which telephonic notice shall be followed immediately with a notice by facsimile telecopy) of such determination to Lenders and Borrower, (2) the Eurodollar Tranches shall automatically be converted, as of the last day of each Interest Period during which such determination is made and in each case in respect of the principal amoun...
EURODOLLAR AVAILABILITY. (a) In the event, and on each occasion, that on the day two (2) Business Days prior to the commencement of any Interest Period for a Eurodollar Advance, the Agent shall have determined in good faith that dollar deposits in the amount of the principal amount of such Eurodollar Advance are not generally available in the London (England) interbank market, or that the rate at which such dollar deposits are being offered will not accurately reflect the cost to one or more Lenders of making or funding the principal amount of their portions of such Eurodollar Advance during such Interest Period, or that reasonable means do not exist for ascertaining the Eurodollar Rate, the Agent shall, as soon as practicable thereafter, give written or telephonic notice of such determination to the Lenders and the Borrowers, and any request by a Borrower for a Eurodollar Advance pursuant to Section 2.4 hereof or for conversion to or renewal of a Eurodollar Advance pursuant to Section 2.7 hereof shall thereupon, and until the circumstances giving rise to such notice no longer exist (as notified by the Agent to the Borrowers and the Lenders), be deemed a request by such Borrower for the making of or conversion to a Base Rate Advance.
EURODOLLAR AVAILABILITY. In the event, and on each occasion, that ----------------------- on the day two Business Days prior to the commencement of any Interest Period for a Eurodollar Advance, the Administrative Agent shall have determined in good faith (which determination shall, in the absence of manifest error, be conclusive and binding upon the Borrower) that dollar deposits in the amount of the principal amount of such Eurodollar Advance are not generally available in the London (England, U.K.) interbank market, or that the rate at which such dollar deposits are being offered will not accurately reflect the cost to one or more Lenders of making or funding the principal amount of their portions of such Eurodollar Advance during such Interest Period, or that reasonable means do not exist for ascertaining the Eurodollar Rate, the Administrative Agent shall, as soon as practicable thereafter, give written or telephonic notice of such determination to the Lenders and the Borrower and any request by the Borrower for a Eurodollar Advance pursuant to Section 2.14 hereof or for conversion to or renewal of a Eurodollar Advance pursuant to Section 2.15 hereof shall thereupon, and until the circumstances giving rise to such notice no longer exist (as notified by the Administrative Agent to the Borrower and the Lenders), be deemed a request by the Borrower for the making of or conversion to a Base Rate Advance.
EURODOLLAR AVAILABILITY. In the event, and on each occasion, that on the Business Day two Business Days prior to the commencement of any Interest Period for the Eurodollar Loans, Agent shall have determined in good faith (which determination shall, in the absence of manifest error, be conclusive and binding upon Borrowers) that U.S. Dollar deposits in the amount of the principal amount of the Eurodollar Loans which is to have such Interest Period are not generally available in the London interbank market, or that the rate at which such U.S. Dollar deposits are being offered will not accurately reflect the cost to any Lender making or funding such principal amount of such Eurodollar Loans during such Interest Period, or that reasonable means do not exist for ascertaining the Eurodollar Rate, Agent shall, as soon as practicable thereafter, give written or telephonic notice of such determination to Borrowers' Agent and (i)