Interest Rate Determination and Protection. (a) The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent two (2) Business Days before the first day of such Interest Period.
Appears in 5 contracts
Samples: Loan Agreement (Felcor Lodging Trust Inc), Revolving Credit Agreement (Sunstone Hotel Investors Inc), Credit Agreement (Felcor Hotel Asset Co LLC)
Interest Rate Determination and Protection. (a) The rate of interest for each Eurodollar Rate for each Interest Period for Eurodollar Rate Loans Loan shall be determined by the Administrative Agent two (2) Business Days before the first day of each Interest Period applicable to such Interest PeriodLoan. The Administrative Agent shall give prompt notice to the Borrower and the Banks of the applicable interest rate determined by the Administrative Agent for purposes of Sections 3.3(a) and (b) hereof.
Appears in 4 contracts
Samples: Term Loan Agreement (Centerpoint Energy Inc), Credit Agreement (Centerpoint Energy Inc), Credit Agreement (Centerpoint Energy Inc)
Interest Rate Determination and Protection. (a) The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent two (2) Business Days before the first day of such Interest PeriodPeriod in the case of Eurodollar Rate Loans.
Appears in 4 contracts
Samples: Credit Agreement (Elder Beerman Stores Corp), Credit Agreement (Elder Beerman Stores Corp), Credit Agreement (Elder Beerman Stores Corp)
Interest Rate Determination and Protection. (a) The Eurodollar Eurocurrency Rate for each Interest Period for Eurodollar Rate Eurocurrency Loans shall be determined by the Administrative Agent two (2) Business Days before the first day of such Interest Period.
Appears in 3 contracts
Samples: Credit Agreement (Euramax International PLC), Credit Agreement (Euramax International PLC), Credit Agreement (Euramax International PLC)
Interest Rate Determination and Protection. (a) The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent Lender two (2) Business Days before the first day of such Interest Period.
Appears in 3 contracts
Samples: Second Supplemental Credit Agreement (Hospitality Properties Trust), First Supplemental Credit Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust)
Interest Rate Determination and Protection. (a) The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent two (2) Business Days before the first day of such Interest Period.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Felcor/Lax Holdings Lp), Revolving Credit Agreement (Felcor Suite Hotels Inc)
Interest Rate Determination and Protection. (a) The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans Portions shall be determined by the Administrative Agent two (2) Business Days before the first day of such Interest Period.
Appears in 1 contract
