Common use of Quotation of Rates Clause in Contracts

Quotation of Rates. It is hereby acknowledged that a Responsible Officer or other appropriately designated officer of Borrower may call Administrative Agent on or before the date on which a Notice of Borrowing is to be delivered by Borrower in order to receive an indication of the rates then in effect, but such indicated rates shall neither be binding upon Administrative Agent or Lenders nor affect the rate of interest which thereafter is actually in effect when the Notice of Borrowing is given.

Appears in 7 contracts

Samples: Revolving Credit Agreement (Dobson Communications Corp), Revolving Credit Agreement (Logix Communications Enterprises Inc), Credit Agreement (Worldcom Inc /Ga/)

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Quotation of Rates. It is hereby acknowledged that a Responsible Officer or other appropriately designated officer of Borrower may call Administrative Agent on or before the date on which a Borrowing Notice of Borrowing is to be delivered by Borrower in order to receive an indication of the rates then in effect, but such indicated rates shall neither be binding upon Administrative Agent or Lenders nor affect the rate of interest which thereafter is actually in effect when the Borrowing Notice of is given or on the Borrowing is givenDate.

Appears in 5 contracts

Samples: Credit Agreement (Dobson Communications Corp), Credit Agreement (Dutchess County Cellular Telephone Co Inc), Credit Agreement (Medical Assurance Inc)

Quotation of Rates. It is hereby acknowledged that a Responsible Officer or other an appropriately designated officer Representative of Borrower may call Administrative Agent on or before the date on which a Borrowing Notice of Borrowing is to be delivered by Borrower in order to receive an indication of the rates then in effect, but such indicated rates shall neither be binding upon Administrative Agent or Lenders nor affect the rate of interest which thereafter is actually in effect when the Borrowing Notice of is given or on the Borrowing is givenDate.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Northern Border Partners Lp), Credit Agreement (Northern Border Partners Lp), Revolving Credit Agreement (Northern Border Partners Lp)

Quotation of Rates. It is hereby acknowledged that a A Responsible Officer or other appropriately designated officer of Borrower may call Administrative Agent on or before the date on which a Notice of Borrowing is to be delivered by Borrower in order to receive an indication of the rates then in effect, but such indicated rates shall neither be binding upon Administrative Agent or Lenders nor affect the rate of interest which thereafter is actually in effect when the Notice of Borrowing is given.

Appears in 4 contracts

Samples: Credit Agreement (Centex Corp), Credit Agreement (Red Lion Hotels CORP), Credit Agreement (Centex Development Co Lp)

Quotation of Rates. It is hereby acknowledged that a Responsible Officer or other appropriately designated officer employee of Borrower may call Administrative Agent on or before the date on which a Notice of Borrowing is to be delivered by Borrower in order to receive an indication of the rates then in effect, but such indicated rates shall neither be binding upon Administrative Agent or Lenders nor affect the rate of interest which thereafter is actually in effect when the Notice of Borrowing is given.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Worldcom Inc/ga//), Day Revolving Credit Agreement (Worldcom Inc/ga//)

Quotation of Rates. It is hereby acknowledged that a A Responsible Officer or other appropriately designated officer of Borrower may call Administrative Agent on or before the date on which a Notice of Borrowing is to be delivered by Borrower in order to receive an indication of the rates then in effect, but such indicated rates shall neither be binding upon Administrative Agent or Lenders nor affect the rate of interest which thereafter is actually in effect when the Notice of Borrowing is given.

Appears in 2 contracts

Samples: Credit Agreement (Protection One Alarm Monitoring Inc), Revolving Credit Agreement (Protection One Alarm Monitoring Inc)

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Quotation of Rates. It is hereby acknowledged that a Responsible Officer or other appropriately designated officer employees of Borrower may call Administrative Agent on or before the date on which a Notice of Borrowing is to be delivered by Borrower in order to receive an indication of the rates then in effect, but such indicated rates shall neither be binding upon Administrative Agent or Lenders nor affect the rate of interest which thereafter is actually in effect when the Notice of Borrowing is given.

Appears in 1 contract

Samples: Revolving Credit Agreement (Intermedia Communications Inc)

Quotation of Rates. It is hereby acknowledged that a Responsible Officer or other appropriately designated officer of Borrower ACS may call Administrative Agent on or before the date on which a Borrowing Notice of Borrowing is to be delivered by Borrower Borrowers in order to receive an indication of the rates then in effect, but such indicated rates shall neither be binding upon Administrative Agent or Lenders nor affect the rate of interest which thereafter is actually in effect when the Borrowing Notice of is given or on the Borrowing is givenDate.

Appears in 1 contract

Samples: Credit Agreement (Affiliated Computer Services Inc)

Quotation of Rates. It is hereby acknowledged that a A Responsible Officer or other appropriately designated officer of Borrower may call Administrative Agent on or before the date on which a Notice of Borrowing is to be delivered by Borrower in order to receive an indication of the rates then in effect, but such indicated rates shall neither be binding upon Administrative Agent or CREDIT AGREEMENT Lenders nor affect the rate of interest which thereafter is actually in effect when the Notice of Borrowing is given.

Appears in 1 contract

Samples: Credit Agreement (Centex Corp)

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