Common use of Determination of Rates Clause in Contracts

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.

Appears in 48 contracts

Samples: Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Georesources Inc), Credit Agreement (Georesources Inc)

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Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.

Appears in 7 contracts

Samples: Credit Agreement (Buckeye Partners L P), Credit Agreement (Buckeye GP Holdings L.P.), Credit Agreement (Buckeye Partners L P)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payable and the Borrower thereofpayable. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the partiesparties hereto.

Appears in 7 contracts

Samples: Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the The Administrative Agent shall notify determine each interest rate applicable to the Lenders Loans hereunder. The Administrative Agent shall give prompt notice to which such interest is payable the Borrower and the Borrower thereof. Each participating Banks of each rate of interest so determined, and its determination by thereof shall be conclusive in the Administrative Agent of an interest rate or fee hereunder shall, except in cases absence of manifest error, be final, conclusive and binding on the parties.

Appears in 5 contracts

Samples: Credit Agreement (MEADWESTVACO Corp), Credit Agreement (MEADWESTVACO Corp), Credit Agreement (MEADWESTVACO Corp)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereofParent Borrower. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.

Appears in 4 contracts

Samples: Credit Agreement (NPC Restaurant Holdings, LLC), Credit Agreement (NPC Restaurant Holdings, LLC), Credit Agreement (NPC Restaurant Holdings, LLC)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the US Administrative Agent shall notify the Lenders (including the Canadian Administrative Agent) to which such interest is payable and the Applicable Borrower thereof. Each determination by the US Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.

Appears in 3 contracts

Samples: Senior Secured Credit Agreement (Exterran Holdings Inc.), Senior Secured Credit Agreement (Universal Compression Holdings Inc), Senior Secured Revolving Credit Agreement (Universal Compression Inc)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.

Appears in 3 contracts

Samples: Credit Agreement (Georesources Inc), Credit Agreement (Isramco Inc), Credit Agreement (Isramco Inc)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.

Appears in 3 contracts

Samples: Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower Borrowers thereof. Each determination by the Administrative Agent of an interest rate on the Revolver Notes or fee hereunder in accordance with the Pricing Grid shall, except in cases of manifest error, be final, conclusive and binding on the parties.

Appears in 2 contracts

Samples: Revolver Loan Agreement (Energy 11, L.P.), Revolver Loan Agreement (Energy Resources 12, L.P.)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative appropriate Agent shall notify the Lenders to which such interest is payable and the Borrower Obligors thereof. Each determination by the Administrative an Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.

Appears in 2 contracts

Samples: Credit Agreement (Petrocorp Inc), Credit Agreement (Petrocorp Inc)

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Determination of Rates. Promptly after the determination of any ---------------------- interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payable and the Borrower thereofpayable. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the partiesparties hereto.

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.. ​

Appears in 1 contract

Samples: Credit Agreement (Epsilon Energy Ltd.)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.. ARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Buckeye Partners L P)

Determination of Rates. Promptly after the determination of any ---------------------- interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.

Appears in 1 contract

Samples: Credit Agreement (Aroc Inc)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.the

Appears in 1 contract

Samples: Credit Agreement (Callon Petroleum Co)

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