Common use of Inadequacy of Pricing and Rate Determination Clause in Contracts

Inadequacy of Pricing and Rate Determination. If, for any reason with respect to any Interest Period, Agent (or, in the case of clause 3 below, the applicable Lender) shall have determined (which determination shall be conclusive and binding upon Borrower, absent manifest error) that:

Appears in 7 contracts

Samples: Loan Agreement (Carrols Corp), Loan Agreement (Carrols Restaurant Group, Inc.), Loan Agreement (Boots & Coots International Well Control Inc)

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Inadequacy of Pricing and Rate Determination. If, for any reason with respect to any Interest Period, Agent (or, in the case of clause 3 below, the applicable Lender) shall have reasonably determined (which determination shall be conclusive and binding upon Borrower, absent manifest error) that:

Appears in 5 contracts

Samples: Credit Agreement (Oceaneering International Inc), Credit Agreement (Oceaneering International Inc), Loan Agreement (Oceaneering International Inc)

Inadequacy of Pricing and Rate Determination. If, for any reason with respect to any Interest Period, the applicable Agent (or, in the case of clause 3 below, the applicable Lender) shall have reasonably and in good faith determined (which determination shall be conclusive and binding upon the applicable Borrower, absent manifest error) that:

Appears in 3 contracts

Samples: Loan Agreement (Veritas DGC Inc), Loan Agreement (Natco Group Inc), Loan Agreement (Natco Group Inc)

Inadequacy of Pricing and Rate Determination. If, for any reason with respect to any Interest Period, the applicable Agent (or, in the case of clause 3 below, the applicable Lender) shall have determined (which determination shall be conclusive and binding upon the applicable Borrower, absent manifest error) that:

Appears in 2 contracts

Samples: Loan Agreement (Natco Group Inc), Loan Agreement (Natco Group Inc)

Inadequacy of Pricing and Rate Determination. If, for any reason with respect to any Interest Period, Agent (or, in the case of clause 3 below, the applicable Lender) shall have determined (which determination shall be conclusive and binding upon Borrower, absent manifest errorprima facie evidence of the correctness thereof) that:

Appears in 2 contracts

Samples: Loan Agreement (Hydril Co), Loan Agreement (Hydril Co)

Inadequacy of Pricing and Rate Determination. If, If for any reason with respect to any Interest Period, the Agent (or, in the case of clause 3 below, the applicable Lender) shall have determined (which determination shall be conclusive and binding upon Borrower, absent manifest error) that:

Appears in 2 contracts

Samples: Credit Agreement (Sterling Chemicals Inc), Credit Agreement (Sterling Chemicals Inc)

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Inadequacy of Pricing and Rate Determination. If, for any reason with respect to any Interest Period, either Agent (or, in the case of clause 3 (B) below, the applicable Lender) shall have determined (which determination shall be conclusive and binding upon presumed correct with respect to each Borrower, absent manifest error) that:

Appears in 2 contracts

Samples: Credit Agreement (Evi Weatherford Inc), Credit Agreement (Evi Inc)

Inadequacy of Pricing and Rate Determination. If, for any reason -------------------------------------------- with respect to any Interest Period, Agent (or, in the case of clause 3 below, -------- the applicable Lender) shall have determined (which determination shall be conclusive and binding upon Borrower, absent manifest error) that:

Appears in 1 contract

Samples: Loan Agreement (Carrols Corp)

Inadequacy of Pricing and Rate Determination. IfSubject to Section 12, if for any reason with respect to any Interest Period, Period Agent (or, in the case of clause 3 below, the applicable Lender) shall have determined (which determination shall be conclusive and binding upon Borrower, absent manifest error) that:: (1) Agent is unable through its customary general practices to determine any applicable Alternate Rate, or

Appears in 1 contract

Samples: Loan Agreement (Stewart & Stevenson Services Inc)

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