Common use of CHANGES TO ADVANCES OR INTEREST RATES Clause in Contracts

CHANGES TO ADVANCES OR INTEREST RATES. The Agent shall promptly notify the Borrower and the Banks of any change to (a) the proposed length of an Interest Period or (b) any interest rate occasioned by the operation of Clause 5 (Market Disruption and Alternative Interest Rates).

Appears in 4 contracts

Samples: Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Delaware Inc)

AutoNDA by SimpleDocs

CHANGES TO ADVANCES OR INTEREST RATES. The Facility Agent shall promptly notify the Borrower and the Banks of any change to (a) the proposed length of an Interest Period or (b) any interest rate occasioned by the operation of Clause 5 6 (Market Disruption and Alternative Interest Rates).

Appears in 1 contract

Samples: Facility Agreement (Micron Technology Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!