Common use of LIBOR LIMITATIONS Clause in Contracts

LIBOR LIMITATIONS. 28 2.5.3 Eurodollar Deposits Unavailable or Interest Rate Unascertainable......................28 2.5.4 Tax and Other Laws....................................................................28 2.5.5 Changes in Law Rendering LIBOR Loans Unlawful.........................................29 2.5.6 Indemnity.............................................................................29 2.6

LIBOR LIMITATIONS. 28 2.5.3 31 2.3.3 Eurodollar Deposits Unavailable or Interest Rate Unascertainable......................28 2.5.4 Unascertainable .........................................31 2.3.4 Tax and Other Laws....................................................................28 2.5.5 .......................................32 2.3.5 Changes in Law Rendering LIBOR Loans Unlawful.........................................29 2.5.6 ............32 2.3.6 Indemnity.............................................................................29 ................................................33 2.4 Principal and Interest Payments.................................33 2.4.1 Interest.................................................33 2.4.2 Principal................................................33 2.5 Default Rate....................................................34 2.6