Document ID: 14407

Text:
(b) for any interest rate calculation with respect to a Base Rate Loan, the rate of interest per annum determined on the basis of the rate for deposits in Dollars for an Interest Period equal to one month (commencing on the date of determination of such interest rate) which appears on the Reuters Screen LIBOR01 Page(or any applicable successor page) at approximately 11:00a.m.(London time) on such date of determination, or, if such date is not a Business Day, then the immediately preceding Business Day. If, for any reason, such rate does not appear on Reuters Screen LIBOR01 Page(or any applicable successor page) then LIBOR for such Base Rate Loan shall be determined by the Administrative Agent to be the arithmetic average of the rate per annum at which deposits in Dollars would be offered by first class banks in the London interbank market to the Administrative Agent at approximately 11:00 a.m.(London time) on such date of determination for a period equal to one month commencing on such date of determination.

Named Entities:

Tokenized Text:
(
b
)
for
any
interest
rate
calculation
with
respect
to
a
Base
Rate
Loan
,
the
rate
of
interest
per
annum
determined
on
the
basis
of
the
rate
for
deposits
in
Dollars
for
an
Interest
Period
equal
to
one
month
(
commencing
on
the
date
of
determination
of
such
interest
rate
)
which
appears
on
the
Reuters
Screen
LIBOR01
Page
(
or
any
applicable
successor
page
)
at
approximately
11
:
00a
.
m
.
(
London
time
)
on
such
date
of
determination
,
or
,
if
such
date
is
not
a
Business
Day
,
then
the
immediately
preceding
Business
Day
.
If
,
for
any
reason
,
such
rate
does
not
appear
on
Reuters
Screen
LIBOR01
Page
(
or
any
applicable
successor
page
)
then
LIBOR
for
such
Base
Rate
Loan
shall
be
determined
by
the
Administrative
Agent
to
be
the
arithmetic
average
of
the
rate
per
annum
at
which
deposits
in
Dollars
would
be
offered
by
first
class
banks
in
the
London
interbank
market
to
the
Administrative
Agent
at
approximately
11
:
00
a
.
m
.
(
London
time
)
on
such
date
of
determination
for
a
period
equal
to
one
month
commencing
on
such
date
of
determination
.