Designated Eurodollar Market

Example Definitions of "Designated Eurodollar Market"
Designated Eurodollar Market. With respect to any Eurodollar Rate Loan: (a) the London Eurodollar Market; or (b) if prime banks in the London Eurodollar Market are at the relevant time not accepting deposits of Dollars or if the Administrative Agent determines that the London Eurodollar Market does not represent at the relevant time the effective pricing to the Lenders for deposits of Dollars in the London Eurodollar Market, the Cayman Islands Eurodollar Market; or (c) if prime banks in the Cayman Islands Eurodollar Market... are at the relevant time not accepting deposits of Dollars or if the Administrative Agent determines that the Cayman Islands Eurodollar Market does not represent at the relevant time the effective pricing to the Lenders for deposits of Dollars in the Cayman Islands Eurodollar Market, such other Eurodollar Market as may from time to time be selected by the Administrative Agent with the approval of Borrowers and the Requisite Lenders; or (d) in the case of Alternative Currency Loans, the prime banks in London or other applicable offshore interbank market for such currency View More
All Definitions