Common use of Applicable Interest Rates Clause in Contracts

Applicable Interest Rates. Each Co-Agent shall from time to time advise Borrower and Servicer whether a Loan is a CP Loan or an Alternative Rate Loan, and of the interest rate applicable to each Interest Period thereof.

Appears in 2 contracts

Samples: Loan Agreement (Bowater Inc), Loan Agreement (Bowater Inc)

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Applicable Interest Rates. Each Co-Agent shall from time to time advise Borrower and Servicer Collection Agent whether a Loan is a CP Loan or an Alternative Rate Loan, and of the interest rate applicable to each Interest Period thereof.

Appears in 2 contracts

Samples: Loan Agreement (Arvinmeritor Inc), Loan Agreement (Arvinmeritor Inc)

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