Common use of Interest Rate Determination Clause in Contracts

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b).

Appears in 31 contracts

Samples: Credit Agreement, Credit Agreement (Atlantic City Electric Co), Credit Agreement (Atlantic City Electric Co)

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Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a)(i) or (bii).

Appears in 31 contracts

Samples: Credit Agreement (Dollar General Corp), Five Year Credit Agreement (Gatx Corp), Credit Agreement (Hexcel Corp /De/)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.11(a) or (b), and, if applicable, the rate for the purpose of determining the applicable interest rate under Section 2.11(c).

Appears in 30 contracts

Samples: Credit Agreement, Credit Agreement, Credit Agreement

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a)(i) or (b2.07(a)(ii).

Appears in 24 contracts

Samples: Credit Agreement (Abbott Laboratories), Credit Agreement (Abbott Laboratories), Bridge Credit Agreement

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a)(i) or (bii).

Appears in 23 contracts

Samples: Credit Agreement (International Flavors & Fragrances Inc), Credit Agreement (International Flavors & Fragrances Inc), Credit Agreement (International Flavors & Fragrances Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.07(a).

Appears in 20 contracts

Samples: Credit Agreement (Arizona Public Service Co), Year Credit Agreement (Arizona Public Service Co), Assignment and Assumption (Arizona Public Service Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.06(a)(i) or (bii).

Appears in 19 contracts

Samples: Credit Agreement (Juniper Networks Inc), Credit Agreement (Autodesk, Inc.), Credit Agreement (Juniper Networks Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b2.07(b).

Appears in 16 contracts

Samples: Credit Agreement (Entergy New Orleans, LLC), Credit Agreement (Entergy Mississippi, LLC), Credit Agreement (Entergy Mississippi, LLC)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.08(a)(i).

Appears in 14 contracts

Samples: Day Credit Agreement (Honeywell International Inc), Day Credit Agreement (Honeywell International Inc), Day Credit Agreement (Honeywell International Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a3.05(b)(i) or (bii).

Appears in 11 contracts

Samples: Credit Agreement (CMS Energy Corp), Credit Agreement (Consumers Energy Co), Credit Agreement (Aquila Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders Banks of each the applicable interest rate for each Eurodollar Rate Advance determined by the Administrative Agent for purposes of Section 2.06(a) or (b)2.07.

Appears in 10 contracts

Samples: Credit Agreement (Brinker International, Inc), Credit Agreement (Brinker International, Inc), Credit Agreement (Brinker International, Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a)(i) or (bii).

Appears in 10 contracts

Samples: Credit Agreement (Ugi Corp /Pa/), Assignment and Assumption (Eastman Chemical Co), Credit Agreement (Ugi Utilities Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders Banks of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.07(b).

Appears in 9 contracts

Samples: Revolving Credit Agreement (Halliburton Co), Credit Agreement (Halliburton Co), Revolving Credit Agreement (Halliburton Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Appropriate Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a)(i) or (bii).

Appears in 9 contracts

Samples: Credit Agreement (Jabil Inc), Credit Agreement (Synnex Corp), Credit Agreement (Jabil Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a) or (b).

Appears in 9 contracts

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

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a3.5(b)(i) or (bii).

Appears in 8 contracts

Samples: Credit Agreement (Nv Energy, Inc.), Credit Agreement (Nv Energy, Inc.), Credit Agreement (Nv Energy, Inc.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the applicable Lenders of each the applicable interest rate rates determined by the Administrative Agent for purposes of each clause of Section 2.06(a) or (b2.05(a).

Appears in 8 contracts

Samples: Intercreditor Agreement (Eastman Kodak Co), Possession Loan Agreement, Loan Agreement

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b).

Appears in 8 contracts

Samples: Credit Agreement, Credit Agreement (Commonwealth Edison Co), Five Year Credit Agreement (Exelon Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a)(i) or (bii).

Appears in 8 contracts

Samples: Year Credit Agreement (Eastman Chemical Co), Credit Agreement (Eastman Chemical Co), Term Loan Agreement (Eastman Chemical Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.05(a).

Appears in 8 contracts

Samples: Day Term Loan Agreement (Arizona Public Service Co), Day Term Loan Agreement (Arizona Public Service Co), Assignment and Assumption (Arizona Public Service Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a)(i) or (bii).

Appears in 7 contracts

Samples: Term Loan Agreement, Credit Agreement (Twenty-First Century Fox, Inc.), Term Loan Agreement (Twenty-First Century Fox, Inc.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b)2.10.

Appears in 7 contracts

Samples: Credit Agreement (South Jersey Industries Inc), 364 Day Revolving Credit Agreement (South Jersey Industries Inc), Term Loan Credit Agreement (South Jersey Industries Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b2.07(b).

Appears in 7 contracts

Samples: Term Loan Agreement (Computer Sciences Corp), Credit Agreement (Computer Sciences Corp), Credit Agreement (Computer Sciences Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Parent Borrower, the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a) or (b).

Appears in 6 contracts

Samples: Revolving Credit Agreement (Gap Inc), Intercreditor Agreement (Gap Inc), Intercreditor Agreement (Gap Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a)(i) or (bii), and the rate, if any, furnished by each Reference Bank for the purpose of determining the interest rate under Section 2.07(a)(ii).

Appears in 6 contracts

Samples: Bridge Credit Agreement (Snap on Inc), Five Year Credit Agreement (Snap on Inc), Day Credit Agreement (Snap on Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b)2.07.

Appears in 6 contracts

Samples: Assignment and Assumption (Pepsico Inc), Assignment and Assumption (Pepsico Inc), Credit Agreement (Pepsico Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b).

Appears in 5 contracts

Samples: Credit Agreement (Applied Materials Inc /De), Revolving Credit Agreement (Memc Electronic Materials Inc), Credit Agreement (Memc Electronic Materials Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Borrowers and the Lenders Banks of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.13(a)(i) or (b2.13(a)(ii).

Appears in 5 contracts

Samples: Credit Agreement (Williams Companies Inc), Credit Agreement (Williams Companies Inc), Credit Agreement (Williams Companies Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a), (b) or (bc).

Appears in 5 contracts

Samples: Credit Agreement, Credit Agreement (FirstEnergy Solutions Corp.), Credit Agreement (FirstEnergy Solutions Corp.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b).

Appears in 5 contracts

Samples: Credit Agreement (Progress Energy Inc), Term Loan Agreement (Commonwealth Edison Co), Term Loan Agreement (Exelon Corp)

Interest Rate Determination. (a) 1. The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b2.07(b).

Appears in 5 contracts

Samples: Credit Agreement (Entergy New Orleans, LLC), Credit Agreement (Entergy Arkansas, LLC), Credit Agreement (Entergy Arkansas, LLC)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b)2.10.

Appears in 4 contracts

Samples: Credit Agreement (South Jersey Industries Inc), Revolving Credit Agreement (South Jersey Gas Co/New), Credit Agreement (South Jersey Industries Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.05(a)(i) or (bii).

Appears in 4 contracts

Samples: Bridge Credit Agreement, Term Loan Credit Agreement (Verizon Communications Inc), Bridge Credit Agreement (Verizon Communications Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders Banks of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b).2.07

Appears in 4 contracts

Samples: Revolving Credit Agreement (Kbr, Inc.), Assignment and Acceptance (Kbr, Inc.), Assignment and Acceptance (Kbr, Inc.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Borrowers and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a)(i) or (bii).

Appears in 4 contracts

Samples: Credit Agreement (LUBRIZOL Corp), Credit Agreement (Scholastic Corp), Credit Agreement (Scholastic Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the applicable Lenders of each the applicable interest rate rates determined by the Administrative Agent for purposes of each clause of Section 2.06(a) or (b2.07(a).

Appears in 4 contracts

Samples: Security Agreement (Eastman Kodak Co), Security Agreement (Eastman Kodak Co), Credit Agreement

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Borrowers and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a)(i) or (bii).

Appears in 4 contracts

Samples: Credit Agreement (Paxar Corp), Credit Agreement (Paxar Corp), Pledge Agreement (Paxar Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a)(i), (ii) or (biii).

Appears in 4 contracts

Samples: Credit Agreement (Invesco Ltd.), Credit Agreement (Invesco Ltd.), Credit Agreement (Invesco Ltd.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.05(a) or (b).

Appears in 4 contracts

Samples: Credit Agreement (Firstenergy Corp), Credit Agreement (Firstenergy Corp), Term Loan Credit Agreement (FirstEnergy Solutions Corp.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b).

Appears in 4 contracts

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

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.07(a).

Appears in 4 contracts

Samples: Credit Agreement (Abbott Laboratories), Bridge Loan Agreement (Kroger Co), Credit Agreement (Kroger Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice (i) to the Borrower Company and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a)(i) or and (bii) to the Company, the Swing Line Banks and the Swing Line Agent of the applicable interest rate determined by the Administrative Agent for purposes of Section 2.08(a)(ii).

Appears in 4 contracts

Samples: Five Year Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.06(b).

Appears in 4 contracts

Samples: Revolving Credit Agreement (Hormel Foods Corp /De/), Credit Agreement (Hormel Foods Corp /De/), Revolving Credit Agreement (Hormel Foods Corp /De/)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.8(a), Section 2.8(b) or (bSection 2.8(c).

Appears in 3 contracts

Samples: Credit Agreement (Alliant Energy Corp), Credit Agreement (Alliant Energy Corp), Credit Agreement (Alliant Energy Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.06(a)(i) or (bii).

Appears in 3 contracts

Samples: Credit Agreement (New England Electric System), Revolving Credit Agreement (Telecomunicaciones De Puerto Rico Inc), Revolving Credit Agreement (Telecomunicaciones De Puerto Rico Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders Banks of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.10(a) or (b).

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Ecolab Inc), Day Credit Agreement (Ecolab Inc), Day Credit Agreement (Ecolab Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b).

Appears in 3 contracts

Samples: Credit Agreement (Ohio Power Co), Credit Agreement, Credit Agreement

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.09(a)(i) or (b2.09(a)(ii).

Appears in 3 contracts

Samples: Credit Agreement (STERIS PLC), Credit Agreement (STERIS PLC), Credit Agreement (Steris Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a)(i), (ii), (iii) or (biv).

Appears in 3 contracts

Samples: Syndicated Facility Agreement (Sealed Air Corp/De), Reaffirmation Agreement (Sealed Air Corp/De), Syndicated Facility Agreement (Sealed Air Corp/De)

Interest Rate Determination. (a) The Administrative Paying Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Paying Agent for purposes of Section 2.06(a) or (b2.07(a).

Appears in 3 contracts

Samples: Credit Agreement (Kroger Co), Credit Agreement (Kroger Co), Credit Agreement (Kroger Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower relevant Borrowers and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a)(i) or (bii).

Appears in 3 contracts

Samples: Credit Agreement (Hershey Co), Day Credit Agreement (Hershey Co), Assignment and Assumption (Hershey Co)

Interest Rate Determination. (a) The Administrative --------------------------- Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.06(a)(i) or (bii).

Appears in 3 contracts

Samples: Day Credit Agreement (Cytec Industries Inc/De/), Credit Agreement (Cytec Industries Inc/De/), Day Credit Agreement (Cytec Industries Inc/De/)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Borrowers and the Term Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.08(a).

Appears in 3 contracts

Samples: Term Loan Credit Agreement, Term Loan Credit Agreement (Sears Holdings Corp), Term Loan Credit Agreement (Sears Holdings Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.8(a) or (b).Section 2.8

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Alliant Energy Corp), Credit Agreement (Alliant Energy Corp), Credit Agreement (Alliant Energy Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a) or (b).

Appears in 3 contracts

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

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower or Borrowing Subsidiary and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b)2.06.

Appears in 3 contracts

Samples: Five Year Credit Agreement (Colgate Palmolive Co), Day Credit Agreement (Colgate Palmolive Co), Day Credit Agreement (Colgate Palmolive Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.06(b).

Appears in 3 contracts

Samples: Credit Agreement (Entergy Mississippi, LLC), Credit Agreement (Entergy Mississippi, LLC), Credit Agreement (Entergy Louisiana, LLC)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a)(i) or (bii).

Appears in 3 contracts

Samples: Assignment and Assumption (Omnicom Group Inc.), Five Year Credit Agreement (Omnicom Group Inc.), Credit Agreement (Omnicom Group Inc.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders applicable Borrower (if other than the Company) and each of each the Banks of the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b).

Appears in 3 contracts

Samples: Day Credit Agreement (Donnelley R R & Sons Co), Credit Agreement (Donnelley R R & Sons Co), Day Credit Agreement (Donnelley R R & Sons Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.08(a).

Appears in 3 contracts

Samples: Credit Agreement (Ovintiv Inc.), Ovintiv Credit Agreement (Ovintiv Inc.), Credit Agreement (Encana Corp)

Interest Rate Determination. (a) a. The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b2.07(b).

Appears in 3 contracts

Samples: Credit Agreement (Aes Corp), Credit Agreement (Aes Corp), Term Loan Agreement (Aes Corp)

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Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders of each the applicable interest rate determined by the Administrative Agent it for purposes of Section 2.06(a2.07(a) or (b2.07(b).

Appears in 3 contracts

Samples: Credit Agreement (Perspecta Inc.), Credit Agreement (Perspecta Inc.), Credit Agreement (Perspecta Inc.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.10(a)(i), (ii) or (biii).

Appears in 3 contracts

Samples: Credit Agreement (Centerpoint Energy Inc), Credit Agreement (Centerpoint Energy Houston Electric LLC), Credit Agreement (Centerpoint Energy Resources Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders Banks of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b)) hereof.

Appears in 3 contracts

Samples: Assignment and Assumption (Uil Holdings Corp), Credit Agreement (Uil Holdings Corp), Credit Agreement (Uil Holdings Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower applicable Account Party and the applicable Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b)3.6.

Appears in 2 contracts

Samples: Credit Agreement (Platinum Underwriters Holdings LTD), Credit Agreement (Platinum Underwriters Holdings LTD)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.08(a).

Appears in 2 contracts

Samples: Credit Agreement (Sears Canada Inc.), Credit Agreement (Sears Canada Inc.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b).

Appears in 2 contracts

Samples: Credit Agreement (FirstEnergy Solutions Corp.), Credit Agreement (FirstEnergy Solutions Corp.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.09(a)(i), (ii) or (biii).

Appears in 2 contracts

Samples: Credit Agreement (Centerpoint Energy Houston Electric LLC), Credit Agreement (Centerpoint Energy Houston Electric LLC)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.8(a), Section 2.8(b) or (bSection 2.8(c).

Appears in 2 contracts

Samples: Year Master Credit Agreement (Wisconsin Power & Light Co), Master Credit Agreement (Wisconsin Power & Light Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b)if the screen rate is unavailable.

Appears in 2 contracts

Samples: Credit Agreement (Rti International Metals Inc), Credit Agreement (Rti International Metals Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.8(a).

Appears in 2 contracts

Samples: Credit Agreement (Marsh & McLennan Companies, Inc.), Credit Agreement (Marsh & McLennan Companies, Inc.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company (which in turn shall advise the applicable Borrower) and the Lenders Banks of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.10(a) or (b).

Appears in 2 contracts

Samples: Multicurrency Credit Agreement (Ecolab Inc), Multicurrency Credit Agreement (Ecolab Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Borrowers and the Term Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.08(b).

Appears in 2 contracts

Samples: Joinder Agreement (Sears Holdings Corp), Joinder Agreement (Sears Holdings Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Company, the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a) or (b).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Gap Inc), Assignment and Acceptance (Gap Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or Section 2.09(c) or (b)d) prior to the commencement of each Interest Period; provided that any failure by the Administrative Agent to give such notice shall not affect such applicable interest rate or the Borrower's obligations hereunder, or give rise to any liability on behalf of the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Diveo Broadband Networks Inc), Credit Agreement (Diveo Broadband Networks Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Borrowers and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(aSections 2.08(a) or (band 2.08(b).

Appears in 2 contracts

Samples: Intercreditor Agreement (Sears Holdings Corp), Credit Agreement (Sears Holdings Corp)

Interest Rate Determination. (ay) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b2.07(b).

Appears in 2 contracts

Samples: Credit Agreement (Entergy Arkansas Inc), Credit Agreement (Entergy Arkansas Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.11(a), (b) or (bc), and, if applicable, the rate for the purpose of determining the applicable interest rate under Section 2.11(d).

Appears in 2 contracts

Samples: Credit Agreement (Ohio Power Co), Credit Agreement (Ohio Power Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Agent and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a)(i), (ii) or (biii).

Appears in 2 contracts

Samples: Credit Agreement (Invesco Ltd.), Credit Agreement (Invesco Ltd.)

Interest Rate Determination. (a) The Administrative Each Agent shall give prompt notice to the Borrower Company and the Lenders of each the applicable interest rate determined by the Administrative such Agent for purposes of Section 2.06(a2.07(a) or (b2.07(b).

Appears in 2 contracts

Samples: Credit Agreement (CSRA Inc.), Credit Agreement (CSRA Inc.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders applicable Borrower (if other than the Company) and each of each the Banks (other than the Designated Bidders) of the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a) or (b).

Appears in 2 contracts

Samples: Exhibit 4 (Donnelley R R & Sons Co), Day Credit Agreement (Donnelley R R & Sons Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders Banks of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b3.06(b).

Appears in 2 contracts

Samples: Assignment and Assumption (Cigna Corp), Credit Agreement (Cigna Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each applicable the interest rate determined by the Administrative Agent for purposes of Section 2.06(a3.05(b)(i) or (b)ii) applicable to Loans made to such Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Tucson Electric Power Co), Credit Agreement (Tucson Electric Power Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.08(a) or (b), and, if applicable, the rate for the purpose of determining the applicable interest rate under Section 2.08(c).

Appears in 2 contracts

Samples: Credit Agreement (Ohio Power Co), Credit Agreement (AEP Texas Inc.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the each Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b).

Appears in 2 contracts

Samples: Credit Agreement (Ambac Financial Group Inc), Credit Agreement (Ambac Financial Group Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b).

Appears in 2 contracts

Samples: Credit Agreement (Mirae Asset Discovery Funds), Credit Agreement (Mirae Asset Discovery Funds)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b).

Appears in 2 contracts

Samples: Credit Agreement (Grana & Montero S.A.A.), Credit Agreement (Grana & Montero S.A.A.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and each Lender of the Lenders of each applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.06(a)(i) or (bii), and the applicable rate, if any, furnished by Citibank for the purpose of determining the applicable interest rate under Section 2.06(a)(i) or (ii).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Andrews Group Inc /De/), Term Credit Agreement (Andrews Group Inc /De/)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders Banks of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.05(a) or (b)) hereof.

Appears in 2 contracts

Samples: Credit Agreement (Uil Holdings Corp), Credit Agreement (Uil Holdings Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower applicable Account Party and the applicable Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b)3.7.

Appears in 2 contracts

Samples: Credit Agreement (Platinum Underwriters Holdings LTD), Credit Agreement (Platinum Underwriters Holdings LTD)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.06(a)(i) or (b2.06(a)(ii).

Appears in 2 contracts

Samples: Credit Agreement (AbbVie Inc.), Credit Agreement (AbbVie Inc.)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and each Lender of the Lenders of each applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.07(a)(i) or (bii), and the applicable rate, if any, furnished by Citibank for the purpose of determining the applicable interest rate under Section 2.07(a)(i) or (ii).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Andrews Group Inc /De/), Term Credit Agreement (Andrews Group Inc /De/)

Interest Rate Determination. (a) The Administrative Designated Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Designated Agent for purposes of Section 2.06(a) or (b).

Appears in 2 contracts

Samples: Bridge Credit Agreement (Twenty-First Century Fox, Inc.), Bridge Credit Agreement

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the applicable Lenders of each the applicable interest rate rates determined by the Administrative Agent for purposes of each clause of Section 2.06(a) or (b2.07(a).

Appears in 2 contracts

Samples: Intercreditor Agreement (Eastman Kodak Co), Intellectual Property Security Agreement (Eastman Kodak Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Obligors and the Lenders Banks of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a) or (b)2.04 and 2.05.

Appears in 1 contract

Samples: Letter of Credit and Reimbursement Agreement (South Jersey Industries Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate rates determined by the Administrative Agent for purposes of Section 2.06(a) or (b2.07(a).

Appears in 1 contract

Samples: Term Loan Credit Agreement (DXC Technology Co)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a3.05(b)(i) or (bii).. NY3 - 402471.08

Appears in 1 contract

Samples: Credit Agreement (Aquila Inc)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders Banks of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a3.06(a) or (bsolely with respect to Base Rate Advances determined on the basis of the one month Adjusted Term SOFR Rate) and Section 3.06(b).

Appears in 1 contract

Samples: Credit Agreement (Cigna Group)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Agent for purposes of Section 2.06(a2.09(a)(i) or (bii).

Appears in 1 contract

Samples: Loan Credit Agreement (Verizon Communications Inc)

Interest Rate Determination. (a) The Administrative Designated Agent shall give prompt notice to the Borrower and the Lenders of each the applicable interest rate determined by the Administrative Designated Agent for purposes of Section 2.06(a2.07(a)(i) or (bii).

Appears in 1 contract

Samples: Credit Agreement (Twenty-First Century Fox, Inc.)

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