Reference Bank Quotation definition

Reference Bank Quotation means any quotation supplied to the Agent by a Reference Bank.

Reference Bank Quotation means any quotation supplied to the Administrative Agent by a Reference Bank.

Reference Bank Quotation means any quotation supplied to the Facility Agent by a Reference Bank or an Alternative Reference Bank.

Examples of Reference Bank Quotation in a sentence

• No Reference Bank or Alternative Reference Bank will be liable for any action taken by it under or in connection with any Finance Document, or for any Reference Bank Quotation, unless directly caused by its gross negligence or wilful misconduct.

• BANK QUOTATIONS Confidentiality and disclosure The Facility Agent and each Obligor agree to keep each Funding Rate (and, in the case of the Facility Agent, each Reference Bank Quotation) confidential and not to disclose it to anyone, save to the extent permitted by Clauses 36.1.2 and 36.1.3 below.

• CHANGES TO THE CALCULATION OF INTEREST Absence of Quotations Subject to Clause 10.2 (Market disruption), if the Base Rate is to be determined by reference to the Reference Banks but a Reference Bank does not supply a Reference Bank Quotation by the Specified Time on the Quotation Day, the applicable Base Rate shall be determined on the basis of the Reference Bank Quotations of the remaining Reference Banks.

• The Facility Agent's obligations in this Clause 36 relating to Reference Bank Quotations are without prejudice to its obligations to make notifications under Clause 8.4 (Notification of rates of interest) provided that (other than pursuant to Clause 36.1.2.1 above) the Facility Agent shall not include the details of any individual Reference Bank Quotation as part of any such notification.

• No Reference Bank, in its capacity as a “Reference Bank”, will be liable for any action taken by it under or in connection with this Agreement, or for any Reference Bank Quotation, unless directly caused by its gross negligence or wilful misconduct.

More Definitions of Reference Bank Quotation

Reference Bank Quotation means any quotation specified as such in the applicable Reference Rate Terms.

Reference Bank Quotation means any quotation supplied to the Initial ACF Agent by a Base Reference Bank;

Reference Bank Quotation means any quotation supplied to the Agent by a Reference Bank. "Reference Banks" means any entity as may be appointed by the Agent in consultation with the Company, subject to such entity's prior consent. "Reference Rate Supplement" means, in relation to any currency, a document which: (a) is agreed in writing by the Company, the Agent (in its own capacity) and the Agent (acting on the instructions of the Majority Lenders); (b) specifies for that currency the relevant terms which are expressed in this Agreement to be determined by reference to Reference Rate Terms; (c) specifies whether that currency is a Compounded Rate Currency or a Term Rate Currency; and (d) has been made available to the Company and each Finance Party. "Reference Rate Terms" means, in relation to: (a) a currency; (b) a Loan or an Unpaid Sum in that currency; (c) an Interest Period for such a Loan or Unpaid Sum (or other period for the accrual of commission or fees in a currency); or (d) any term of this Agreement relating to the determination of a rate of interest in relation to such a Loan or Unpaid Sum, the terms set out for that currency, and (where such terms are set out for different categories of Loan, Unpaid Sum or accrual of commission or fees in that currency) for the applicable category of that Loan, Unpaid Sum or accrual, in Schedule 11 (Reference Rate Terms) or in any Reference Rate Supplement. "Regulations T, U and X" means, respectively, Regulations T, U and X of the Board of the Governors of the Federal Reserve System of the United States. "Related Fund" in relation to a fund (the "first fund"), means a fund which is managed or advised by the same investment manager or investment adviser as the first fund or, if it is managed by a different investment manager or investment adviser, a fund whose investment manager or investment adviser is an Affiliate of the investment manager or investment adviser of the first fund. "Relevant Market" means the market specified as such in the applicable Reference Rate Terms. "Relevant Period" has the meaning given to that term in Clause 28.1 (Financial definitions).

Reference Bank Quotation has the meaning set forth in Section 2.11.

Reference Bank Quotation means any quotation supplied to a Finance Party by a Reference Bank.

Reference Bank Quotation means any quotation supplied to the Administrative Agent by a Reference Bank. “Reference Bank Rate” shall mean the arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to the Administrative Agent at its request by the Reference Banks, in relation to a Borrowing, as the rate at which the relevant Reference Bank could borrow funds in the London interbank market in the relevant currency and for the relevant Interest Period were it to do so by asking for and then accepting interbank offers for deposits in reasonable market size in that currency and for that Interest Period; provided, that if the Reference Bank Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement. 67 1120544.02G-CHISR02A - MSW

Reference Bank Quotation means any quotation supplied to the Administrative Agent by a Reference Bank. “Reference Bank Rate” shall mean the arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to the Administrative Agent at its request by the Reference Banks, 92 0000000.12E-CHISR1060441.10-CHISR01A - MSW