No notice and unavailability. If the Borrower fails to select an Interest Period in accordance with Clause 6.2 or the Agent certifies that deposits for the period selected by the Borrower are not available to each of the Lenders in the ordinary course of business in the London Interbank Market to fund the Term Loan Facility or the Drawing, the Borrower shall be deemed to have selected an Interest Period of three (3) months (or such other period as the Agent may in its sole discretion decide).
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Sources: Secured Loan Facility Agreement (NCL CORP Ltd.), Secured Loan Facility Agreement (NCL CORP Ltd.)
No notice and unavailability. If the Borrower fails to select an Interest Period in accordance with Clause 6.2 5.2 or the Paying Agent certifies that deposits for the period selected by the Borrower are not available to each of the Lenders in the ordinary course of business in the London Interbank Market to fund the Term Loan Facility or the DrawingLoan, the Borrower shall be deemed to have selected an Interest Period of three six (36) months (or such other period as the Paying Agent may in its sole discretion decide).
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Sources: Loan Agreement (NCL CORP Ltd.)
No notice and unavailability. If the Borrower fails to select an Interest Period in accordance with Clause 6.2 5.3 or the Agent certifies that deposits for the period selected by the Borrower are not available to each of the Lenders in the ordinary course of business in the London Interbank Market eurocurrency market to fund the Term Loan Facility or the DrawingLoan, the Borrower shall be deemed to have selected an Interest Period of three six (36) months (or such other period as the Agent may in its sole discretion decide).
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