Examples of US Reference Bank in a sentence
Notwithstanding anything to the contrary contained herein, Lender and US Reference Bank shall not be required to purchase United States Dollar deposits in the London interbank market or other applicable Eurodollar Rate market to fund any Eurodollar Rate Loans, but the provisions hereof shall be deemed to apply as if Lender and US Reference Bank had purchased such deposits to fund the Eurodollar Rate Loans.
The U.S. Administrative Agent shall give prompt notice to the U.S. Borrower and the U.S. Banks of the applicable interest rate determined by the U.S. Administrative Agent for purposes of Section 2.06(a)(ii) or (a)(iii) and the rate, if any, furnished by each U.S. Reference Bank for the purpose of determining the interest rate under Section 2.06(a)(ii) or (a)(iii).