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This excerpt taken from the SWY 8-K filed Jun 7, 2005. 4.6 Average Effective Discount Rate Determination.
At least two Schedule I Reference Banks or Schedule II/Schedule III Reference Banks, as the case may be, agree to furnish to Administrative Agent timely information for the purpose of determining each Average Effective Discount Rate. If no two Schedule I Reference Banks or Schedule II/Schedule III Reference Banks furnish such information to Administrative Agent, Administrative Agent shall determine such Average Effective Discount Rate on the basis of timely information furnished by any single Schedule I Reference Bank or Schedule II/Schedule III Reference Bank, as applicable.
Administrative Agent shall give prompt notice to Borrowers and Canadian Lenders of each Average Effective Discount Rate determined by Administrative Agent for an applicable Drawing Date and the applicable discount rates, if any, furnished by each Schedule I Reference Bank or each Schedule II/Schedule III Reference Bank, as applicable, for determining any applicable Average Effective Discount Rate.
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