Common use of Determination of Funding Rate Clause in Contracts

Determination of Funding Rate. (a) The Agent must notify the Financier and the Borrower of the Funding Rate for an Interest Period as soon as reasonably practicable, and in any event within 2 Business Days, after it has made its determination of LIBOR.

Appears in 6 contracts

Samples: Facility Agreement (Bullfrog Gold Corp.), Facility Agreement (Ur-Energy Inc), Second Amendment (Neutron Energy, Inc.)

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Determination of Funding Rate. (a) The Agent must notify the each Financier and the Borrower of the Funding Rate for an Interest Period as soon as reasonably practicable, and in any event within 2 Business Days, after it has made its determination of LIBOR.

Appears in 2 contracts

Samples: Assumption Agreement (Apollo Gold Corp), Substitution Agreement (Apollo Gold Corp)

Determination of Funding Rate. (a) The Agent must notify the Financier and the Borrower of the Funding Rate for an Interest Period as soon as reasonably practicable, and in any event within no later than 2 Business Days, Days after it has made its determination of LIBOR.

Appears in 1 contract

Samples: Facility Agreement (Solitario Exploration & Royalty Corp.)

Determination of Funding Rate. (a) The Agent must notify the Financier each Lender and the Borrower of the Funding Rate for an Interest a Funding Period under the Project Loan Facility as soon as reasonably practicable, and in any event within 2 Business Days, after it has made its determination of LIBORthe applicable Base Rate.

Appears in 1 contract

Samples: Facility Agreement (Paringa Resources LTD)

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Determination of Funding Rate. (a) The Agent must notify the Financier each Lender and the Borrower of the Funding Rate for an Interest a Funding Period under the Term Loan Facility as soon as reasonably practicable, and in any event within 2 [***] Business Days, after it has made its determination of LIBORthe applicable Base Rate.

Appears in 1 contract

Samples: Paringa Resources LTD

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