Common use of Determination of Applicable Interest Rate Clause in Contracts

Determination of Applicable Interest Rate. As soon as practicable after 11:00 a.m. (New York City time) on each Interest Rate Determination Date, the Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to Eurodollar Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to the Borrower and each Lender.

Determination of Applicable Interest Rate. As soon as practicable after 11:00 a.m. 10:00 A.M. (New York City time) on each Interest Rate Determination Date, the Administrative Agent Lender shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to the Borrower and each LenderCompany.

Determination of Applicable Interest Rate. As soon as practicable after 11:00 a.m. 10:00 A.M. (New York City time) on each Interest Rate Determination Date, the Administrative Agent Lender shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to Eurodollar Loans for which an interest rate is then being determined Rate for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to the Borrower Borrower. Lender's determination shall be final, conclusive and each Lenderbinding upon all parties, absent manifest error.

Determination of Applicable Interest Rate. As soon as practicable after 11:00 a.m. 10:00 A.M. (New York City time) on each Interest Rate Determination Date, the Administrative Agent Reference Lenders shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to the Borrower Borrowers and each Lender.