Common use of Interest Rate Determinations Clause in Contracts

Interest Rate Determinations. The Agent shall give prompt notice to the Account Party and the Participating Banks of the Eurodollar Rate determined from time to time by the Agent to be applicable to each Eurodollar Rate Advance.

Appears in 4 contracts

Samples: Letter of Credit and Reimbursement Agreement (North Atlantic Energy Corp /Nh), Letter of Credit and Reimbursement Agreement (North Atlantic Energy Corp /Nh), Letter of Credit and Reimbursement Agreement (North Atlantic Energy Corp /Nh)

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Interest Rate Determinations. The Agent shall give prompt notice to the Account Party and the Participating Banks of the Eurodollar Rate or CD Rate determined from time to time by the Agent to be applicable to each Eurodollar Rate Advance or CD Rate Advance, as the case may be.

Appears in 1 contract

Samples: Letter of Credit and Reimbursement Agreement (North Atlantic Energy Corp /Nh)

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