LIBO Rate Protection; Illegality. (a) If at any time the Facility Agent is unable to obtain on a timely basis the information necessary to determine the LIBO Rate for any proposed Rate Period, then:
Appears in 2 contracts
Samples: Loan and Administration Agreement (Commercial Credit, Inc.), Loan and Administration Agreement (Commercial Credit, Inc.)
LIBO Rate Protection; Illegality. (a) If at any time the Facility Agent is unable to obtain on a timely basis the information necessary to determine the LIBO Rate for any proposed Rate PeriodRate, then:
Appears in 1 contract
Samples: Loan and Administration Agreement (Commercial Credit, Inc.)
LIBO Rate Protection; Illegality. (ai) If at any time the Facility a Managing Agent is unable to obtain on a timely basis the information necessary to determine the LIBO Rate for any proposed Rate Period, then:
Appears in 1 contract
Samples: Transfer and Administration Agreement (Norfolk Southern Corp)
LIBO Rate Protection; Illegality. (a) If at any time the Facility Agent is unable to obtain on a timely basis the information necessary to determine the LIBO Rate or CDOR Rate for any proposed Rate Period, then:
Appears in 1 contract
Samples: Loan and Administration Agreement (Commercial Credit, Inc.)
