Common use of Alternative basis of interest or funding Clause in Contracts

Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or UPC Broadband so requires, the Facility Agent and UPC Broadband shall enter into negotiations (for a period of not more than 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 6 contracts

Samples: Agreement (Liberty Global PLC), Agreement (Liberty Global, Inc.), Credit Agreement (Unitedglobalcom Inc)

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Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or UPC Broadband Distribution so requires, the Facility Agent and UPC Broadband Distribution shall enter into negotiations (for a period of not more than 30 days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 4 contracts

Samples: Credit Agreement (Unitedglobalcom Inc), Credit Agreement (Unitedglobalcom Inc), Credit Agreement (Unitedglobalcom Inc)

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Alternative basis of interest or funding. (a) If a Market Disruption Event occurs and the Facility Agent or UPC Broadband Distribution so requires, the Facility Agent and UPC Broadband Distribution shall enter into negotiations (for a period of not more than 30 thirty days) with a view to agreeing a substitute basis for determining the rate of interest.

Appears in 1 contract

Samples: Conformed Copy (United Pan Europe Communications Nv)

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