Example ContractsClausesinability to determine ratesVariants
Inability to Determine Rates
Inability to Determine Rates contract clause examples

and if, in each case, that rate is less than zero, LIBOR shall be deemed to be zero.

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and if, in either case, that rate is less than zero, LIBOR shall be deemed to be zero.

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and if, in each case, that rate is less than zero, EURIBOR shall be deemed to be zero.

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and if, in either case, that rate is less than zero, EURIBOR shall be deemed to be zero.

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If LIBOR determined as provided above would be less t han zero, LIBOR shall be deemed to be zero.

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“; provided that if, in any case, such rate is less than zero, the LIBOR Rate shall be deemed to be zero”.

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