Common use of Notification of rates of interest Clause in Contracts

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders and the Borrower of the determination of a rate of interest relating to a Loan. (b) This Clause 10.4 shall not require the Agent to make any notification to any Party on a day which is not a Business Day.

Appears in 2 contracts

Samples: Senior Facilities Agreement (Atlas Investissement), Senior Facilities Agreement (Atlas Investissement)

AutoNDA by SimpleDocs

Notification of rates of interest. (a) The Agent shall promptly notify the relevant Lenders and the relevant Borrower (or Holdco) of the determination of a rate of interest under this Agreement. (b) The Agent shall promptly notify the relevant Borrower (or Holdco) of each Funding Rate relating to a Loan. (bc) This Clause 10.4 shall not require the Agent to make any notification to any Party on a day which is not a Business Day.

Appears in 2 contracts

Samples: Unsecured NGN Revolving Credit Facility Agreement (IHS Holding LTD), Unsecured NGN Term Facility Agreement (IHS Holding LTD)

Notification of rates of interest. (a) The Agent shall promptly notify the relevant Lenders and the Borrower of the determination of a rate of interest relating to a Loanunder this Agreement. (b) The Agent shall promptly notify the Borrower of each Funding Rate relating to the Loan. (c) This Clause 10.4 9.4 shall not require the Agent to make any notification to any Party on a day which is not a Business Day.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (DHT Holdings, Inc.)

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders Lender and the Borrower of the determination of a rate of interest under this Agreement. (b) If Clause 10.3 applies the Agent shall promptly notify the Borrower of each Funding Rate relating to a Loan. (bc) This Clause 10.4 8.4 shall not require the Agent to make any notification to any Party on a day which is not a Business Day.

Appears in 1 contract

Samples: Facility Agreement (Polestar Automotive Holding UK PLC)

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders and the Borrower Borrowers of the determination of a rate of interest relating to a Loanunder this Agreement. (b) The Agent shall promptly notify the Borrowers of each Funding Rate relating to a Loan, any part of a Loan or any Unpaid Sum. (c) This Clause 10.4 clause shall not require the Agent to make any notification to any Party on a day which is not a Business Day.

Appears in 1 contract

Samples: Loan Agreement (Navigator Holdings Ltd.)

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders and the Borrower Borrowers of the determination of a rate of interest relating to a Loan. (b) under this Agreement. This Clause 10.4 clause shall not require the Agent to make any notification to any Party on a day which is not a Business Day.

Appears in 1 contract

Samples: Facility Agreement (Navigator Holdings Ltd.)

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders and the relevant Borrower of the determination of a rate of interest relating to a LoanLoan under this Agreement. (b) The Agent shall promptly notify the relevant Borrower of each Funding Rate relating to a Loan. (c) This Clause 10.4 8.5 shall not require the Agent to make any notification to any Party on a day which is not a Business Day.

Appears in 1 contract

Samples: Bridge Facility Agreement (Smurfit WestRock LTD)

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders and the Borrower of the determination of a rate of interest relating to a Loanunder this Agreement. (b) This Clause 10.4 9.4 shall not require the Agent to make any notification to any Party on a day which is not a Business Day.. APJ/076001.00588/98366820.7Page 43

Appears in 1 contract

Samples: Single Currency Revolving Facility Agreement (StoneX Group Inc.)

AutoNDA by SimpleDocs

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders Lender and the Borrower of the determination of a rate of interest under this Agreement. (b) The Agent shall promptly notify the Borrower of each Funding Rate relating to a Loan. (bc) This Clause 10.4 8.4 shall not require the Agent to make any notification to any Party on a day which is not a Business Day.

Appears in 1 contract

Samples: Facility Agreement (Polestar Automotive Holding UK PLC)

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders and the Borrower of the determination of a rate of interest relating to a Loanunder this Agreement. (b) This Clause 10.4 9.4 shall not require the Agent to make any notification to any Party on a day which is not a Business Day.. APJ/MSXM/076001.00588/80174749.8Page 43

Appears in 1 contract

Samples: Revolving Facility Agreement (StoneX Group Inc.)

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders Noteholders and the Borrower Issuer of the determination of a rate of interest relating to a Loanunder this Agreement. (b) This Clause 10.4 Paragraph (a) above shall not require the Agent to make any notification to any Party on a day which is not a Business Day.

Appears in 1 contract

Samples: Secured Subordinated Notes Facility Agreement

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders and the Borrower of the determination of a rate of interest relating to a Loanunder this Agreement. (b) This Clause 10.4 9.4 shall not require the Agent to make any notification to any Party on a day which is not a Business Day.

Appears in 1 contract

Samples: Revolving Facility Agreement (StoneX Group Inc.)

Notification of rates of interest. (a) The Agent shall promptly notify the Lenders and the Borrower of the determination of a rate of interest relating to a Loanunder this Agreement. (b) This Clause 10.4 9.4 shall not require the Agent to make any notification to any Party on a day which is not a Business Day.. LRXM/076001.00588/92345437.6Page 43

Appears in 1 contract

Samples: Usd 75,000,000 Single Currency Revolving Facility Agreement (StoneX Group Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!