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

the Agent shall have determined in its reasonable judgment (which determination shall be conclusive and binding upon ) that adequate and reasonable means (including by means of an Interpolated Screen Rate) do not exist for ascertaining the Eurodollar Rate for any requested Interest Period; or

the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the Eurodollar Rate or the EURIBOR Rate, as applicable (including because the Relevant Screen Rate is not available or published on a current basis), for such Interest Period; or

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