Benchmark Unavailability Period. Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any request for a Euro-dollar Borrowing of, conversion to or continuation of Euro-dollar
(ivg)Benchmark Unavailability Period. Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any request for a Euro-dollar BorrowingBorrowingEuro-Dollar Advance of, conversion to or continuation of Euro-dollardollarEuro-Dollar Advances to be made, converted or continued during any Benchmark Unavailability Period and, failing that, the Borrower will be deemed to have converted any such request into a request for a Borrowing of or conversion to ABR Advances. During any Benchmark Unavailability Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of ABR based upon LIBO Ratethe then-current Benchmark or such tenor for such Benchmark, as applicable, will not be used in any determination of ABR.
Benchmark Unavailability Period. Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any request for a Euro-dollarEurodollar Borrowing of, conversion to or continuation of Euro-dollarEurodollar Loans to be made, converted or continued during any Benchmark Unavailability Period and, failing that, the Borrower will be deemed to have converted any such request into a request for a Borrowing of or conversion to Base Rate Loans. During any Benchmark Unavailability Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of Base Rate based upon the then-current Benchmark or such tenor for such Benchmark, as applicable, will not be used in any determination of Base Rate.
Benchmark Unavailability Period. Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any request for a Euro-dollar Borrowing of, conversionLoan to or continuationbe made during any Benchmark Unavailability Period and, failing that, such request shall be ineffective. Furthermore, if the Loan is outstanding on the date of Euro-dollarthe Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period , then until such time as a Benchmark Replacement for Euros is implemented pursuant to this [Section 2.9.2], the Loan shall, on the last day of the applicable Interest Period bear interest at the Central Bank Rate plus the Applicable Margin; provided that, if the Agent determines (which determination shall be conclusive and binding absent manifest error) that the Central Bank Rate cannot be determined, the Loan shall be prepaid by the Borrower on such day.
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