Determination and Notice of Interest Rates. The Agent shall determine each interest rate applicable to the Loans hereunder as provided in this Agreement. The Agent shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error. SECTION 2.06
Appears in 2 contracts
Samples: Warehouse Loan Agreement (Trinity Industries Inc), Warehouse Loan Agreement (Trinity Industries Inc)
Determination and Notice of Interest Rates. The Agent shall determine each interest rate applicable to the Loans hereunder as provided in this Agreementherein. The Agent shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error. SECTION 2.06.
Appears in 2 contracts
Samples: Warehouse Loan Agreement (Trinity Industries Inc), Warehouse Loan Agreement (Trinity Industries Inc)
Determination and Notice of Interest Rates. The Agent shall determine each interest rate applicable to the Loans hereunder as provided in this Agreement. The Agent shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error. SECTION 2.06.
Appears in 2 contracts
Samples: Warehouse Loan Agreement (Trinity Industries Inc), Warehouse Loan Agreement (Greenbrier Companies Inc)
Determination and Notice of Interest Rates. The Agent shall determine each interest rate applicable to the Loans and Unpaid Drawings hereunder as provided in this Agreement. The Agent shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error. SECTION 2.06.
Appears in 2 contracts
Samples: Loan Agreement (Andersons, Inc.), Revolving Asset Based Loan Agreement (Andersons, Inc.)
Determination and Notice of Interest Rates. The Administrative Agent shall determine each interest rate applicable to the Loans hereunder as provided in this Agreementhereunder. The Administrative Agent shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error. SECTION 2.06.
Appears in 2 contracts
Samples: Credit and Revolving Credit Agreement (PPL Energy Supply LLC), Credit and Reimbursement Agreement (PPL Energy Supply LLC)
Determination and Notice of Interest Rates. The Based on the election (or lack thereof) made by each Lender in accordance with Section 2.05(a)(i), the Agent shall determine each interest rate applicable to the Loans hereunder as provided in this Agreement. The Agent shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error. SECTION 2.06.
Appears in 1 contract
Determination and Notice of Interest Rates. The Agent shall determine each interest rate applicable to the Loans hereunder as provided in this Agreement. The Agent 52 Loan Agreement shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error. SECTION 2.06.
Appears in 1 contract
Determination and Notice of Interest Rates. The Agent shall determine each interest rate applicable to the Loans (or any amounts held in the Prefunding Account pursuant to a Notice of Borrowing issued by the Borrower as provided in Section 2.03(b)) hereunder as provided in this Agreementherein. The Agent shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error. SECTION 2.06.
Appears in 1 contract
Determination and Notice of Interest Rates. The Agent shall determine each interest rate applicable to the Loans (or any amounts held in the Prefunding Account pursuant to a Notice of Borrowing issued by the Borrower as provided in Section 2.03(b) ) hereunder as provided in this Agreementherein. The Agent shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error. SECTION 2.06.
Appears in 1 contract