Common use of Interest Rate Determination Clause in Contracts

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Loans hereunder. The Agent shall give prompt notice to the Borrowers and the Lenders of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 4 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (3tec Energy Corp), Credit Agreement (3tec Energy Corp)

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

Appears in 4 contracts

Samples: Credit Agreement (Southwest Royalties Inc), Credit Agreement (Range Resources Corp), Credit Agreement (Southwest Royalties Holdings Inc)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Loans hereunderany Base Rate Loan or Eurodollar Loan and its determination shall be conclusive absent manifest error. The Agent shall give prompt notice to notify the Borrowers and the Lenders Borrower of each interest rate of interest so determined and its determination thereof shall be conclusive absent errorwithin a reasonable time after each such determination.

Appears in 4 contracts

Samples: Credit Agreement (LHC Group, Inc), Credit Agreement (LHC Group, Inc), Credit Agreement (Carrizo Oil & Gas Inc)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunderhereunder pursuant to the terms of this Agreement. The Agent shall give prompt notice to the Borrowers and the Lenders of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 3 contracts

Samples: Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Loans hereunderhereunder in accordance with the provisions of this Agreement. The Agent shall give prompt notice to the Borrowers and the Lenders Banks of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 3 contracts

Samples: Credit Agreement (Continental Resources Inc), Credit Agreement (Continental Crude Co), And Consolidated Credit Agreement (Canaan Energy Corp)

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Interest Rate Determination. The Agent shall determine each interest rate applicable to the Loans hereunder. The Agent shall give prompt notice to the Borrowers and the Lenders of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 3 contracts

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

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

Appears in 2 contracts

Samples: Credit Agreement (Approach Resources Inc), Credit Agreement (Approach Resources Inc)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Loans hereunderany Base Rate Loan or LIBOR Loan and its determination shall be conclusive absent manifest error. The Agent shall give prompt notice to notify the Borrowers and the Lenders Borrower of each interest rate of interest so determined and its determination thereof shall be conclusive absent errorwithin a reasonable time after each such determination.

Appears in 1 contract

Samples: Credit Agreement (LHC Group, Inc)

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