Basis for Determining Interest Rate Inadequate or Unfair. If on or prior to the first day of any Interest Period:
Basis For Determining Interest Rate Inadequate or Unfair. In the event that Agent or any Lender shall have determined that:
In the event that [[Organization B:Organization]] or any [[Organization C:Organization]] shall have determined that:
Section # Basis for Determining Interest Rate Inadequate or Unfair.
In the event that # the [[Administrative Agent:Organization]] 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 [[Administrative Agent:Organization]] 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 [[Administrative Agent:Organization]] 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 [[Administrative Agent:Organization]] 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. Interest on the Outstanding Principal Balance of the Loan shall accrue from the Closing Date at the Interest Rate until repaid in accordance with the applicable terms and conditions hereof.
Commencing on the date hereof, the unpaid principal balance of this Deed of Trust Note (as the same may be amended, restated or supplemented from time to time, the “Note”) outstanding from time to time shall bear interest at the fixed interest rate of four and one-eighth percent (4.125%) per annum. Interest shall be calculated using a 360-day year, based upon the actual number of days for which the calculation is being made.
Interest Rate. All Base Rate Loans shall accrue interest at the Base Rate. All LIBOR Loans shall accrue interest at a rate per annum equal to the LIBOR Daily Floating Rate plus the Applicable Percentage for LIBOR Loans. All Eurodollar Loans shall accrue interest at the Adjusted Eurodollar Rate. All Competitive Bid Loans shall bear interest at a rate per annum equal to the sum of # the Eurodollar Rate determined for the Interest Period (determined as if the related Competitive Bid Loan were a Revolving Loan which is a Eurodollar Loan) plus # the Competitive Bid Margin quoted by the [[Organization A:Organization]] making such Competitive Bid Loan in accordance with Section 2.2.
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