Common use of Adjustment Spread Clause in Contracts

Adjustment Spread. If a Successor Rate or Alternative Rate is determined in accordance with the foregoing provisions, the Issuer, following consultation with the Independent Adviser (if appointed), will determine in good faith the Adjustment Spread to be applied to such Successor Rate or Alternative Rate (as the case may be) for each subsequent determination of a relevant Rate of Interest (or a relevant component part thereof) by reference to such Successor Rate or Alternative Rate (as applicable).

Adjustment Spread. If a Successor Rate or Alternative Rate is determined in accordance with the foregoing provisionsCondition 6.5(I)(b), then the Issuer, following consultation with the Independent Adviser Advisor (if appointed), will shall determine in good faith the Adjustment Spread to be applied to such Successor Rate or Alternative Rate (as the case may be) for each subsequent determination of a relevant Interest Rate of Interest (or a relevant component part thereof) by reference to such Successor Rate or Alternative Rate (as applicable).