Circumstances Affecting LIBOR Rate Availability. If the Lender shall reasonably determine that, by reason of circumstances affecting the foreign exchange and interbank markets generally, deposits in eurodollars, in the applicable amounts are not being quoted via Telerate Page 3750 or offered to the Lender, then the Lender shall forthwith give notice thereof to the Borrower. Thereafter, until the Lender notifies the Borrower that such circumstances no longer exist (which the Lender agrees to do; provided, that the Lender shall have no liability for any failure to do so), the Loans shall bear interest based on the Base Rate.
Appears in 2 contracts
Sources: Line of Credit Agreement (Rare Hospitality International Inc), Line of Credit Agreement (Rare Hospitality International Inc)