Reference Lenders Sample Clauses

Reference Lenders. (a) If more than one Lender is a bank named on Schedule I of the Bank Act (Canada), the Agent shall be a Reference Lender and the Borrower shall irrevocably designate a different Lender named on Schedule I to be a Reference Lender for the purpose of providing quotations to the Agent to be used in determining rates as required by this Agreement.
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Reference Lenders. If a Reference Lender (or, if a Reference Lender is not a Lender, the Lender of which it is an Affiliate) ceases to be one of the Lenders, the Administrative Agent will, in consultation with the Company and the Borrower appoint another Lender or an Affiliate of a Lender as a Reference Lender.
Reference Lenders. (a) If more than one Lender is a Schedule I Lender, the Agent shall be a Reference Lender and the Borrower shall irrevocably designate a different Lender that is a Schedule I Lender for the purpose of providing quotations to the Agent to be used in determining rates as required by this Agreement.
Reference Lenders. 81 24.5 Disclosure.................................................................................... 81 24.6 Change of Facility Office..................................................................... 81 24.7
Reference Lenders. The Agent shall have received a letter from the Borrower specifying Union Bank of California, N.A. as the initial Reference Lender hereunder.
Reference Lenders. If any Reference Lender’s Commitment shall terminate (otherwise than on termination of all the Commitments) or, as the case may be, the Loans made by it hereunder are assigned, or prepaid or repaid (otherwise than on the prepayment or repayment of the Loans among the Lenders) for any reason whatsoever, such Reference Lender shall thereupon cease to be a Reference Lender, and if, as a result of the foregoing, there shall be no Reference Lender of a particular category remaining, then the Lenders (after approval by the Borrower) shall, as soon as practicable thereafter, by notice to the Borrower, designate another Lender that is willing to act as a Reference Lender so that there shall at all times be at least one Reference Lender of each category.
Reference Lenders. If a Reference Lender (or, if a Reference Lender is not a Finance Party, the Finance Party of which it is an Affiliate) ceases to be a Finance Party, the Agent shall (in consultation with the Parent) appoint another Finance Party or an Affiliate of a Finance Party to replace that Reference Lender.
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Reference Lenders. If more than three Lenders are banks named on Schedule I of the Bank Act (Canada), the Agent shall be a Schedule I Reference Lender and each of the Agent and CHC shall designate a different Lender named on Schedule I to be a Schedule I Reference Lender for the purpose of quoting rates to be used in determining the Prime Rate, Base Rate for US Dollars, LIBOR Rate and BA Discount Rate. If more than two Lenders are not banks named on Schedule I of the Bank Act (Canada) but accept Bankers' Acceptances, the Agent and CHC shall each designate a different such Lender to be an Other Reference Lender for the purpose of quoting rates to be used in determining the BA Discount Rate. If any Schedule I Reference Lender or Other Reference Lender ceases to be a Lender or ceases to accept Bankers' Acceptances, the person that originally designated that Reference Lender shall have the right to designate in a timely manner another qualified Lender as a replacement Reference Lender, failing which the applicable Prime Rate, Base Rate for US Dollars, LIBOR Rate and BA Discount Rate hereunder shall be determined on the basis of the rates provided by the notice from the relevant remaining Reference Lender(s). If three or fewer Lenders are banks named on Schedule I of the Bank Act (Canada), all such Lenders shall be deemed to be the Schedule I Reference Lenders and any applicable Prime Rate, Base Rate, LIBOR Rate and BA Discount Rate hereunder shall be determined on the basis of the discount rate provided by those Lenders. If two or fewer Lenders are not banks named on Schedule I of the Bank Act (Canada) but accept Bankers' Acceptances, all such Lenders shall be deemed to be an Other Reference Lender and any applicable BA Discount Rate hereunder shall be determined on the basis of the discount rate provided by those Lenders. If no Lender is qualified to be a particular Reference Lender, any applicable BA Discount Rate hereunder shall be determined on the basis of the average rate for bankers' acceptances of the relevant term that appears on the Reuters Screen CDOR Page at 10:00 a.m. Toronto time on the Drawdown Date plus 0.10% per annum.
Reference Lenders. 98 27.17 Appointment of the Security Trustee ...................................... 98 28 CONDUCT OF BUSINESS BY THE FINANCE PARTIES ............................... 98
Reference Lenders. If LIBOR or, as the case may be, JIBAR is being determined by reference to paragraph (b) of the definition of "LIBOR" or, as the case may be, "JIBAR" and if any Reference Bank does not for any reason notify the Offshore Administrative Agent or, as the case may be, the Onshore Administrative Agent of any rate referred to in such definition at or about 11.00 a.m. or 11.00 a.m. Johannesburg time, as the case may be, on the appropriate Rate Fixing Day, then "LIBOR" or, as the case may be, "JIBAR" for the relevant Interest Period of the Advance concerned will be determined by reference to the rates notified by the other
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