Example ContractsClausesBasis for Determining Interest Rate Inadequate or Unfair
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Basis for Determining Interest Rate Inadequate or Unfair. If on or prior to the first day of any Interest Period:

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Basis For Determining Interest Rate Inadequate or Unfair. In the event that Agent or any Lender shall have determined that:

In the event that or any shall have determined that:

Section # Basis for Determining Interest Rate Inadequate or Unfair.

In the event that # the reasonably determines that adequate and fair means do not exist for ascertaining the applicable interest rates by reference to which the Eurodollar Rate then being determined is to be fixed or # the Requisite Lenders reasonably determine and notify the that the Eurodollar Rate for any Interest Period will not adequately reflect the cost to the Lenders of making or maintaining such Loans for such Interest Period, the shall forthwith so notify the and the Lenders, whereupon each Eurodollar Rate Loan shall automatically, on the last day of the current Interest Period for such Loan, convert into a Base Rate Loan and the obligations of the Lenders to make Eurodollar Rate Loans or to convert Base Rate Loans into Eurodollar Rate Loans shall be suspended until the shall notify the that the Requisite Lenders have determined that the circumstances causing such suspension no longer exist.

Interest Rate Unascertainable, Inadequate or Unfair. (i) In the event that # the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the applicable Reference Rate (including because the Relevant Screen Rate is not available or published on a current basis) for the applicable currency and such Calculation Period; provided that no Benchmark Transition Event shall have occurred at such time or # the Administrative Agent is advised by the Required Lenders that such Reference Rate for the applicable Calculation Period will not adequately and fairly reflect the cost to such Lenders (or Lender) of making or maintaining their Advances (or its Advance) for the applicable currency and such Calculation Period, then the Administrative Agent shall forthwith so notify the Company and the Lenders by telephone, telecopy or electronic mail as promptly as practicable thereafter (with a copy to the Collateral Agent), and, until the Administrative Agent notifies the Company and the Lenders that the circumstances giving rise to such notice no longer exist, # any Request for Line Advance with respect to the applicable Reference Rate for the applicable Calculation Period shall be ineffective and # the obligations of the Lenders to make any Advances in connection with such Reference Rate shall be suspended. Furthermore, if any Advance in connection with the applicable Reference Rate is outstanding on the date of the Company’s receipt of the notice from the Administrative Agent referred to in this [Section 3.01(h)(i)], then on the last day of the Calculation Period (or the next succeeding Business Day if

Section # Basis for Determining Interest Rate Inadequate or Unfair; Reference Successor Rate. If, on or prior to the first day of any Interest Period for any Term Benchmark Borrowing:

Interest Rate. The interest rate is 6%.

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Interest Rate. Interest shall not be charged or accrue on the advances outstanding under the Credit Line.

Interest Rate. The unpaid principal balance of this Note will bear interest at 9.25% per annum. Interest shall commence with the date of the Note (i.e. , the “Loan Date”) and shall continue on the outstanding principal amount of this Note until this Note is paid or otherwise satisfied in full. Interest accruing from through shall be paid in three equal tranches on , and . Interest accruing from through the Maturity Date will be payable on the first business day of each month. Interest will be computed based on a 365-day year and the actual days elapsed and will be compounded annually. If any Event of Default, as defined in [Section 2], occurs, then during the continuance of the Event of Default, all principal under this Note shall bear interest on each day outstanding at the lesser of # eighteen percent (18%) per annum compounded quarterly or # the highest lawful rate in effect on such day (the “Default Rate”).

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