Inability to Make Canadian BA Rate Loans and LIBOR Loans Clause Samples

Inability to Make Canadian BA Rate Loans and LIBOR Loans. Notwithstanding any other provision hereof, if any applicable law, treaty, regulation or directive, or any change therein or in the interpretation or application thereof, shall make it unlawful for any Lender (for purposes of this subsection 3.1.13, the term “Lender” shall include the office or branch where such Lender or any corporation or bank then controlling such Lender makes or maintains any Canadian BA Rate Loans or LIBOR Loans) to make or maintain its Canadian BA Rate Loans or LIBOR Loans, or if with respect to any Interest Period, Administrative Agent is unable to determine the Canadian BA Rate or LIBOR relating thereto, or adverse or unusual conditions in, or changes in applicable law relating to, the Canadian BA market or the London interbank market make it, in the reasonable judgment of Administrative Agent, impracticable to fund or maintain therein any of the Canadian BA Rate Loans or LIBOR Loans, or make the projected Canadian BA Rate or LIBOR unreflective of the actual costs of funds therefor to any Lender, the obligation of the applicable Agent and Lenders to make or continue Canadian BA Rate Loans or LIBOR Loans or convert Canadian Prime Rate Loans to Canadian BA Rate Loans or to convert Base Rate Loans to LIBOR Loans hereunder shall forthwith be suspended during the pendency of such circumstances and the applicable Borrower shall, if any affected Canadian BA Rate Loans or LIBOR Loans are then outstanding, promptly upon request from Administrative Agent, convert such affected Canadian BA Rate Loans into Canadian Prime Rate Loans and LIBOR Loans into Base Rate Loans.