Examples of Reference Lenders in a sentence
Project shall be completed within 100 days of notification of award.
There is, however, the opportunity to review which other policy documents should now be given priority.
Basket Swap Rate means, in respect of a Calculation Period, the rate of interest equal to the average of the standard variable rate or its equivalent charged to existing borrowers on residential mortgage loans as published from time to time after excluding the highest and lowest rate, of the Reference Lenders, as determined by the Cash Manager in good faith and notified to the Calculation Agent from time to time in accordance with the Cash Management Agreement.
Agent upon its request, the rate of interest shall be determined on the basis of the quotations of the remaining Reference Lenders.
Anything herein to the contrary notwithstanding, if on any Interest Rate Determination Date no Adjusted Eurodollar Rate is available by reason of the failure of all Reference Lenders to provide offered quotations to Administrative Agent in accordance with the definition of "Adjusted Eurodollar Rate," Administrative Agent shall give Borrowers and each Lender prompt notice thereof and the Loans requested shall be made as Base Rate Loans.