Common use of Market Disruption Respecting Libor Loans Clause in Contracts

Market Disruption Respecting Libor Loans. In the event that at any time subsequent to the giving of a Drawdown Notice, Rollover Notice or Conversion Notice to the Agent by the Borrower with regard to any requested Libor Loan, but before the date of the Drawdown, Rollover or Conversion, as the case may be, the Agent (acting reasonably) makes a determination, which shall be conclusive and binding upon the Borrower, that:

Appears in 2 contracts

Samples: Credit Agreement (Pacific Energy Partners Lp), Credit Agreement (Potash Corp of Saskatchewan Inc)

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Market Disruption Respecting Libor Loans. In the event that at any time subsequent to the giving of a Drawdown Notice, Rollover Notice or Conversion Notice to the Agent by the Borrower with regard to any requested Libor Loan, but before the date of the Drawdown, Rollover or Conversion, as the case may be, the Agent (acting reasonably) makes a determination, which shall be he conclusive and binding upon the Borrower, that:

Appears in 1 contract

Samples: Credit Agreement (Trident Resources Corp)

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Market Disruption Respecting Libor Loans. In the event that at any time subsequent to the giving of a Drawdown Notice, Rollover Notice or Conversion Notice to the Administrative Agent by the Borrower with regard to any requested Libor LIBOR Loan, but before the date of the Drawdown, Rollover or Conversion, as the case may be, the Administrative Agent (acting reasonably) makes a determinationdetermination in good faith, which shall be conclusive and binding upon the Borrower, that:

Appears in 1 contract

Samples: Credit Agreement (Keyspan Corp)

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