Common use of Notification of interest rate Clause in Contracts

Notification of interest rate. Administrative Agent will promptly notify the Administrative Borrower, on behalf of the Borrowers, and the applicable Lenders of the interest rate applicable to any Interest Period for Eurodollar Rate Loans upon determination of such interest rate.

Appears in 5 contracts

Samples: Credit Agreement (Ch2m Hill Companies LTD), Credit Agreement (Ch2m Hill Companies LTD), Credit Agreement (Ch2m Hill Companies LTD)

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Notification of interest rate. Administrative Agent will shall promptly notify the Administrative Borrower, on behalf of the Borrowers, Borrower and the applicable Lenders of the interest rate applicable to any Interest Period for Eurodollar Rate Loans upon determination of such interest rate.

Appears in 2 contracts

Samples: Credit Agreement (Titan Machinery Inc.), Credit Agreement (Titan Machinery Inc.)

Notification of interest rate. The Administrative Agent will shall promptly notify the Administrative Borrower, on behalf of the Borrowers, Borrower and the applicable Lenders of the interest rate applicable to any Interest Period for Eurodollar Term SOFR Loans or Alternative Currency Term Rate Loans upon determination of such interest rate.

Appears in 1 contract

Samples: Credit Agreement (Ping Identity Holding Corp.)

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Notification of interest rate. The Administrative Agent will shall promptly notify the Administrative Borrower, on behalf of the Borrowers, applicable Borrower and the applicable Lenders of the interest rate applicable to any Interest Period for Eurodollar Eurocurrency Rate Loans upon determination of such interest rate. At any time that ABR Loans are outstanding, the Administrative Agent shall notify the applicable Borrower and the Lenders of any change in the Base Rate used in determining the Alternate Base Rate promptly following the announcement of such change.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Solera Corp.)

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