Example ContractsClausesinability to determine interest rateVariants
Inability to Determine Interest Rate
Inability to Determine Interest Rate contract clause examples

Inability to Determine SOFR. Subject to paragraphs # through and # below, if, prior to the commencement of any Interest Period for any SOFR Borrowing:

Section #3Inability to Determine Rates. Subject to Section 2.11, if, on or prior to the first day of any Interest Period for any Borrowing of Term SOFR Portions:

Inability to Determine Rates. Subject to Section 3.09, if, on or prior to the first day of any Interest Period for any SOFR Loan:

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.