Common use of Notification of Advances, Interest Rates, Prepayments and Commitment Reductions Clause in Contracts

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank of the contents of each commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, Extension Request and repayment notice received by it hereunder. The Administrative Agent will notify each Bank of the interest rate applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give each Bank prompt notice of each change in the Corporate Base Rate.

Appears in 2 contracts

Samples: Credit Agreement (Cordant Technologies Inc), Credit Agreement (Cordant Technologies Inc)

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Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction notice, Revolving Loan Borrowing Notice, Conversion/Continuation Notice, Extension Request Notice and repayment prepayment notice received by it hereunder. The Administrative Agent will notify the Borrowers and each Bank Lender of the interest rate applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give the Borrowers and each Bank Lender prompt notice of each change in the Corporate Alternate Base Rate.

Appears in 2 contracts

Samples: Security Agreement (Loewen Group Inc), Loewen Group Inc

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, Extension Request Notice and repayment notice Prepayment Notice received by it hereunder. The Administrative Agent will notify each Bank Lender of the interest rate applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give each Bank Lender prompt notice of each change in the Corporate Alternate Base Rate.

Appears in 2 contracts

Samples: Day Revolving Credit Agreement (TJX Companies Inc /De/), Revolving Credit Agreement (TJX Companies Inc /De/)

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, Extension Request and repayment notice received by it hereunder. The Administrative Agent will notify each Bank Lender of the interest rate applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give each Bank Lender prompt notice of each change in the Corporate Base Rate.

Appears in 2 contracts

Samples: Credit Agreement (Houghton Mifflin Co), Year Credit Agreement (Houghton Mifflin Co)

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction notice, Ratable Borrowing Notice, Conversion/Continuation Notice, Extension Request Invitation for Competitive Quotes and repayment notice received by it hereunder. The Administrative Agent will notify each Bank Lender of the interest rate applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give each Bank Lender prompt notice of each change in the Corporate Alternate Base Rate.

Appears in 2 contracts

Samples: Credit Agreement (Cna Surety Corp), Credit Agreement (Green Tree Financial Corp)

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction noticenotice in respect of any Facility, Borrowing Notice, Conversion/Continuation Notice, Extension Request and repayment notice received by it hereunder. The Administrative Agent will notify each Bank the applicable Lender of the interest rate applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give each Bank prompt notice rate. The Reference Lender agrees to furnish timely information for the purpose of each change in determining the Corporate Base Eurocurrency Rate.

Appears in 1 contract

Samples: Revolving Credit Agreement (Richardson Electronics LTD/De)

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction notice, Borrowing Notice, Swing Line Borrowing Notice, Conversion/Continuation Notice, Extension Request and repayment notice received by it hereunder. The Administrative Agent will notify each Bank Lender of the interest rate applicable to each Eurodollar Rate Eurocurrency Advance promptly upon determination of such interest rate and will give each Bank Lender prompt notice of each change in the Corporate Alternate Base Rate.

Appears in 1 contract

Samples: Credit Agreement (Clarcor Inc)

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Continuati on Notice, Extension Request and repayment notice Prepayment Notice received by it hereunder. The Administrative Agent will notify each Bank Lender of the interest rate applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give each Bank Lender prompt notice of each change in the Corporate Alternate Base Rate.

Appears in 1 contract

Samples: Credit Agreement (TJX Companies Inc /De/)

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Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation NoticeAlternate Currency Borrowing Request, Extension Request Eurodollar Conversion Notice and repayment notice received by it hereunder. The Administrative Agent will notify each Bank Lender of the interest rate applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give each Bank Lender prompt notice of each change in the Corporate Alternate Base Rate.

Appears in 1 contract

Samples: Credit Agreement (Aar Corp)

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, Extension Request and repayment notice received by it hereunder. The Administrative Agent will notify each Bank Lender of the interest rate applicable to each Eurodollar Rate EurodollarTerm Benchmark Advance promptly upon determination of such interest rate and will give each Bank Lender prompt notice of each change in the Corporate Alternate Base Rate. 2.18.

Appears in 1 contract

Samples: Credit Agreement (Lancaster Colony Corp)

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction notice, Borrowing Notice, Swing Line Borrowing Notice, Conversion/Continuation Notice, Extension Request and repayment notice received by it hereunder. The Administrative Agent will notify each Bank Lender of the interest rate applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give each Bank Lender prompt notice of each change in the Corporate Alternate Base Rate.

Appears in 1 contract

Samples: Assignment Agreement (Southwestern Energy Co)

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation NoticeAlternate Currency Borrowing Request, Extension Request Conversion Notice and repayment notice received by it hereunder. The Administrative Agent will notify each Bank Lender of the interest rate applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give each Bank Lender prompt notice of each change in the Corporate Alternate Base Rate.

Appears in 1 contract

Samples: Credit Agreement (Aar Corp)

Notification of Advances, Interest Rates, Prepayments and Commitment Reductions. Promptly after receipt thereof, the Administrative Agent will notify each Bank Lender of the contents of each commitment Aggregate Revolving Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, Extension Request and repayment notice received by it hereunder. The Administrative Agent will notify each Bank Lender of the interest rate and Eurodollar Interest Period applicable to each Eurodollar Rate Advance promptly upon determination of such interest rate and will give each Bank Lender prompt notice of each change in the Corporate Alternate Base Rate.

Appears in 1 contract

Samples: Credit Agreement (Superior Energy Services Inc)

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