Common use of Market disruption; non-availability Clause in Contracts

Market disruption; non-availability. 3.4.1 If at any time prior to the commencement of any Interest Period: (a) no Term SOFR is available for the Interest Period of the Loans; or (b) the Lender considers that the cost to it of funding the Loans (or any part of them) during that Interest Period would be in excess of the Market Disruption Rate,

Market disruption; non-availability. 3.4.1 If at any time prior to the commencement of any Interest Period: (a) no Term SOFR is available for the Interest Period of the LoansLoan; or (b) the Lender considers that the cost to it of funding the Loans Loan (or any part of them) during that Interest Period would be in excess of the Market Disruption Rate,