Common use of Reference Bank quotations Clause in Contracts

Reference Bank quotations. If any Reference Bank is unable or otherwise fails to furnish a quotation for the purpose of calculating LIBOR, EURIBOR or XXXXXX (as appropriate) where such quotation is required having regard to the definitions of "LIBOR", "EURIBOR" and "XXXXXX" in clause 1.2, the interest rate for the relevant Term or other period shall be determined, subject to clause 6.6, on the basis of the quotations furnished by the remaining Reference Bank or Reference Banks.

Appears in 2 contracts

Samples: Supplemental Agreement (Modern Times Group MTG Ab /Publ/ /Adr/), Transition Agreement (Modern Times Group MTG Ab /Publ/ /Adr/)

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Reference Bank quotations. If any Reference Bank is unable or otherwise fails to furnish a quotation for the purpose of calculating LIBOR, EURIBOR or XXXXXX LIBOR (as appropriate) where such a quotation is required having regard to the definitions definition of "LIBOR", "EURIBOR" and "XXXXXX" in clause 1.2, ) the interest rate for the relevant Revolving Credit Term or other period shall be determined, subject to clause 6.65.8, on the basis of the quotations furnished by the remaining Reference Bank or Reference Banks.

Appears in 2 contracts

Samples: Loan Agreement (Cordiant Communications Group PLC /Adr), Loan Agreement (Cordiant Communications Group PLC /Adr)

Reference Bank quotations. If any Reference Bank is unable or otherwise fails to furnish a quotation for the purpose of calculating LIBOR, EURIBOR or XXXXXX LIBOR (as appropriate) where such a quotation is required having regard to paragraph (b) of the definitions definition of "LIBOR", "EURIBOR" and "XXXXXX" in clause 1.2, ) the interest rate for the relevant Term or other period Interest Period shall be determined, subject to clause 6.65.6, on the basis of the quotations furnished by the remaining Reference Bank or Reference BanksBanks in accordance with the procedure set out in paragraph (b) of the definition of “LIBOR” in clause 1.2.

Appears in 2 contracts

Samples: Agreement (QGOG Constellation S.A.), Project Loan Agreement (QGOG Constellation S.A.)

Reference Bank quotations. If any Reference Bank is unable or otherwise fails to furnish a quotation for the purpose of calculating LIBOR, EURIBOR or XXXXXX LIBOR (as appropriate) where such a quotation is required having regard to paragraph (b) of the definitions definition of "LIBOR", "EURIBOR" and "XXXXXX" in clause 1.2), the interest rate for the relevant Term or other period Interest Period shall be determined, subject to clause 6.65.6, on the basis of the quotations furnished by the remaining Reference Bank or Reference BanksBanks in accordance with the procedure set out in paragraph (b) of the definition of “LIBOR” in clause 1.2.

Appears in 1 contract

Samples: Agreement (QGOG Constellation S.A.)

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Reference Bank quotations. If any Reference Bank is unable or otherwise fails to furnish a quotation for the purpose of calculating LIBOR, EURIBOR or XXXXXX LIBOR (as appropriate) where such a quotation is required having regard to the definitions definition of "LIBOR", "EURIBOR" and "XXXXXX" in clause 1.2, ) the interest rate for the relevant Term Interest Period, Maturity Period or other relevant period shall be determined, subject to clause 6.614.4, on the basis of the quotations furnished by the remaining Reference Bank or Reference Banks.

Appears in 1 contract

Samples: Facilities Agreement (Avecia Group PLC)

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