Common use of Notice of Interest Period and Interest Rate Clause in Contracts

Notice of Interest Period and Interest Rate. Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice of Conversion pursuant to Section 2.08 or a notice of selection of an Interest Period pursuant to the terms of the definition of “Interest Period,” the Agent shall give notice to the Borrower and applicable Revolving Lenders or Incremental Term Lenders, as the case may be, of the applicable Interest Period and the applicable interest rate determined by the Agent for purposes of clause (a)(i) or (a)(ii) above.

Appears in 2 contracts

Samples: Credit Agreement (Spectra Energy Partners, LP), Credit Agreement (Spectra Energy Partners, LP)

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Notice of Interest Period and Interest Rate. Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice Notice of Conversion Conversion/Continuation pursuant to Section 2.08 2.10(a)(ii) or a notice of selection of an Interest Period pursuant to the terms of the definition of “Interest Period,” ”, in each case, from any Borrower, the Administrative Agent shall give notice to the such Borrower and applicable Revolving Lenders or Incremental Term Lenders, as the case may be, each Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Allegheny Energy, Inc)

Notice of Interest Period and Interest Rate. Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice Notice of Conversion Conversion/Continuation pursuant to Section 2.08 2.11(a)(ii) or a notice of selection of an Interest Period pursuant to the terms of the definition of "Interest Period,” ", in each case from the Borrower, the Administrative Agent shall give notice to the Borrower and applicable Revolving Lenders or Incremental Term Lenders, as the case may be, each Appropriate Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

Appears in 1 contract

Samples: Credit Agreement (Allegheny Energy, Inc)

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Notice of Interest Period and Interest Rate. Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice Notice of Conversion Conversion/Continuation pursuant to Section 2.08 2.10(a)(ii) or a notice of selection of an Interest Period pursuant to the terms of the definition of “Interest Period,” ”, in each case, from the Borrower, the Administrative Agent shall give notice to the Borrower and applicable Revolving Lenders or Incremental Term Lenders, as the case may be, each Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

Appears in 1 contract

Samples: Credit Agreement (Allegheny Energy Inc)

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