Common use of Interest Rate Determination Clause in Contracts

Interest Rate Determination. The Administrative Agent shall determine the interest rate applicable to Loans and shall give prompt notice to the Borrower and the Lenders of such determination, and its determination thereof shall be conclusive in the absence of manifest error.

Appears in 10 contracts

Samples: Credit Agreement (Edison Mission Energy), Credit Agreement (Edison Mission Energy), Credit Agreement (Midwest Generation LLC)

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Interest Rate Determination. The Administrative Agent shall determine the interest rate applicable to the Loans in accordance with the terms of this Agreement, and shall give prompt notice to the Borrower Borrowers and the Lenders of such determination, and its determination thereof shall be conclusive in the absence of manifest error.

Appears in 7 contracts

Samples: Credit Agreement (Pacific Ethanol, Inc.), Credit Agreement (Pacific Ethanol, Inc.), Credit Agreement (Pacific Ethanol, Inc.)

Interest Rate Determination. The Administrative Agent shall determine the interest rate applicable to the Loans in accordance with the terms of this Agreement, and shall give prompt notice to the Borrower and the Lenders of such determination, and its determination thereof shall be conclusive in the absence of conclusive, absent manifest error.

Appears in 7 contracts

Samples: Credit Agreement (Renewable Energy Group, Inc.), Senior Credit Agreement (Advanced BioEnergy, LLC), Senior Credit Agreement (First United Ethanol LLC)

Interest Rate Determination. The Administrative Agent shall determine the each interest rate applicable to the Loans and hereunder. The Administrative Agent shall give prompt notice to the Borrower and the Lenders of such determination, each rate of interest so determined and its determination thereof shall be conclusive in the absence of manifest absent error.

Appears in 3 contracts

Samples: Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp)

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

Appears in 2 contracts

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

Interest Rate Determination. The Administrative Agent shall determine the interest rate applicable to the Loans and shall give prompt notice of such determination to the Borrower Borrowers and the Lenders Lenders. In each such case, the Administrative Agent’s determination of such determination, and its determination thereof the applicable interest rate shall be conclusive in the absence of manifest error.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Renewable Energy Group, Inc.), Revolving Credit Agreement (Renewable Energy Group, Inc.)

Interest Rate Determination. The Administrative Agent --------------------------- shall determine the interest rate applicable to Loans and shall give prompt notice to the Borrower and the Lenders of such determination, and its determination thereof shall be conclusive in the absence of manifest error.

Appears in 2 contracts

Samples: Credit Agreement (Edison Mission Energy), Credit Agreement (Edison Mission Energy)

Interest Rate Determination. The Administrative Agent shall determine the interest rate applicable to Loans and shall give prompt notice to the applicable Borrower and the Lenders of the interest rate determined by the Administrative Agent for purposes of Section 3.05(b)(i) or (ii) applicable to Loans made (or deemed made) to such determination, and its determination thereof shall be conclusive in the absence of manifest errorBorrower.

Appears in 1 contract

Samples: Credit Agreement (Unisource Energy Corp)

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Interest Rate Determination. The Term Loan A Administrative Agent shall determine the interest rate applicable to the Construction/Term Loans and shall give prompt notice of such determination to the Borrower and the Lenders Construction/Term Loan Lenders. In each such case, the Term Loan A Administrative Agent’s determination of such determination, and its determination thereof the applicable interest rate shall be conclusive in the absence of manifest error.

Appears in 1 contract

Samples: Credit Agreement (Cheniere Energy Partners, L.P.)

Interest Rate Determination. (a) The Administrative Agent shall determine the interest rate applicable to Loans and shall give prompt notice to the Borrower and the Lenders of such determination, and its determination thereof shall be conclusive in the absence applicable interest rate determined by the Administrative Agent for purposes of manifest error.Section

Appears in 1 contract

Samples: 364 Day Credit Agreement (Pacificorp /Or/)

Interest Rate Determination. The Administrative Agent shall determine the interest rate applicable to the Loans and shall give prompt notice to the Borrower Borrowers and the Lenders of such determination, and its determination thereof shall be conclusive in the absence of manifest error.

Appears in 1 contract

Samples: Credit Agreement (ASAlliances Biofuels, LLC)

Interest Rate Determination. The Administrative Agent shall determine the interest rate applicable to the Loans in accordance with the terms of this Agreement, and shall give prompt notice to the Borrower Borrowers and the Lenders of such determination, and its determination thereof shall be conclusive in the absence of conclusive, absent manifest error.

Appears in 1 contract

Samples: Debt Agreement

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