Common use of Notification of Advances, Interest Rates Clause in Contracts

Notification of Advances, Interest Rates. Prepayments and Aggregate ----------------------------------------------------------------------- Revolving Loan Commitment Reductions. Promptly after receipt thereof, the ------------------------------------ Administrative Agent will notify each Lender of the contents of each Aggregate -- Revolving Loan Commitment reduction notice, Borrowing/Election Notice repayment notice and issuance of Letter of Credit notice received by it hereunder. The Administrative Agent will notify each Lender of the interest rate applicable to each Eurodollar Rate Loan promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate. 2.16

Appears in 1 contract

Samples: 364 Day Credit Agreement (Energizer Holdings Inc)

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Notification of Advances, Interest Rates. Prepayments and Aggregate ----------------------------------------------------------------------- Revolving Loan --------------------------------------------------------- Commitment Reductions. Promptly after receipt thereof, the ------------------------------------ Administrative --------------------- Agent will notify each Lender of the contents of each Aggregate -- Revolving Loan Commitment reduction notice, BorrowingSyndicated Borrowing Notice, Competitive Bid Borrowing Notice, Conversion/Election Continuation Notice and repayment notice and issuance of Letter of Credit notice received by it hereunder. The Administrative Agent will notify each Lender of the interest rate applicable to each Eurodollar Fixed Rate Loan Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate. 2.16.

Appears in 1 contract

Samples: Credit Agreement (National Data Corp)

Notification of Advances, Interest Rates. Prepayments and Aggregate ----------------------------------------------------------------------- Revolving Loan --------------------------------------------------------- Commitment Reductions. Promptly after receipt thereof, the ------------------------------------ Administrative Agent --------------------- will notify each Lender of the contents of each Aggregate -- Revolving Loan Commitment reduction notice, BorrowingBorrowing Notice, Swing Line Borrowing Notice, Conversion/Election Notice Continuation Notice, and repayment notice and issuance of Letter of Credit notice received by it hereunder. The Administrative Agent will notify each Lender of the interest rate applicable to each Eurodollar Rate Loan Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate. 2.16.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mead Corp)

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Notification of Advances, Interest Rates. Prepayments and Aggregate ----------------------------------------------------------------------- Revolving Loan Commitment Reductions. Promptly after receipt thereof, the ------------------------------------ Administrative Agent will notify each Lender of the contents of each Aggregate -- Revolving Loan Commitment reduction notice, Borrowing/Election Notice repayment notice and issuance of Letter of Credit notice received by it hereunder. The Administrative Agent will notify each Lender of the interest rate applicable to each Eurodollar Rate Loan promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate. 2.16

Appears in 1 contract

Samples: Year Revolving Credit Agreement (Energizer Holdings Inc)

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