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 (Midwest Generation LLC), Credit Agreement (Midwest Generation LLC)

AutoNDA by SimpleDocs

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), Blocked Account 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 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: Execution Copy Credit Agreement (Edison Mission Energy), Credit Agreement (Edison Mission Energy)

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: Possession Credit Agreement

AutoNDA by SimpleDocs

Interest Rate Determination. (a) The Administrative Agent shall determine the each interest rate applicable to the Loans hereunder and shall give prompt notice to promptly notify the Borrower and the Lenders of such determinationrate in writing (or by telephone, and its promptly confirmed in writing). Any such determination thereof shall be conclusive in the absence of and binding for all purposes, absent manifest error.

Appears in 1 contract

Samples: Revolving Credit Agreement (Corn Products International Inc)

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 the applicable interest rate determined by the Administrative Agent for purposes of ‎Section 2.10(a)(ii). Each determination thereof by the Administrative Agent of an interest rate hereunder shall be conclusive in the absence of and binding for all purposes, absent manifest error.

Appears in 1 contract

Samples: Revolving Credit Agreement (Zoetis Inc.)

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 the applicable interest rate determined by the Administrative Agent for purposes of Section 2.6(a) and such determination, and its determination thereof shall be conclusive in the absence of and binding, absent manifest error.

Appears in 1 contract

Samples: Office Lease Agreement (Triple-S Management Corp)

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 the applicable interest rate determined by the Administrative Agent for purposes of Section 2.10(a)(ii). Each determination thereof by the Administrative Agent of an interest rate hereunder shall be conclusive in the absence of and binding for all purposes, absent manifest error.

Appears in 1 contract

Samples: Revolving Credit Agreement (Zoetis Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!