Common use of Alternate Rate of Interest; Illegality Clause in Contracts

Alternate Rate of Interest; Illegality. (a) Notwithstanding any other provision hereof to the contrary, if prior to the commencement of any Interest Period for a Eurodollar Borrowing:

Appears in 3 contracts

Samples: Credit Agreement (Global Telesystems Group Inc), Credit Agreement (Flag Telecom Holdings LTD), Credit Agreement (Flag Telecom Holdings LTD)

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Alternate Rate of Interest; Illegality. (a) Notwithstanding any other provision hereof to the contrary, if prior to the commencement of any Interest Period for a Eurodollar Borrowing:

Appears in 1 contract

Samples: Credit Agreement (Flag Telecom Holdings LTD)

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Alternate Rate of Interest; Illegality. (a) Notwithstanding any other provision hereof of this Agreement to the contrary, if prior to the commencement of any Interest Period for a Eurodollar Borrowing:

Appears in 1 contract

Samples: Credit Agreement (Flag Telecom Holdings LTD)

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