Common use of Quotation of Rates Clause in Contracts

Quotation of Rates. It is hereby acknowledged that the Borrower may call the Administrative Agent on or before the date on which notice of a Borrowing is to be delivered by the Borrower in order to receive an indication of the rate or rates then in effect, but that such projection shall not be binding upon the Administrative Agent or any Lender nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 11 contracts

Samples: Credit Agreement (Centurylink, Inc), Credit Agreement (Centurylink, Inc), Year Revolving Credit Agreement (Centurylink, Inc)

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Quotation of Rates. It is hereby acknowledged that the Borrower Company may call the Administrative Agent on or before the date on which notice of a Borrowing is to be delivered by the Borrower Company in order to receive an indication of the rate or rates then in effect, but that such projection shall not be binding upon the Administrative Agent or any Lender Bank nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 6 contracts

Samples: Credit Agreement (Southwest Airlines Co), Revolving Credit Facility Agreement (Southwest Airlines Co), Credit Facility Agreement (Southwest Airlines Co)

Quotation of Rates. It is hereby acknowledged that the Any representative of Borrower may call the Administrative Agent on or before the date on which notice of a Borrowing Designated Rate is to be delivered by the Borrower in order to receive an indication of the rate or rates then in effect, but that such projection shall not be binding upon the Administrative Agent or any Lender Lenders nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Credit Agreement (Michael Petroleum Corp)

Quotation of Rates. It is hereby acknowledged that the Borrower may call the Administrative Agent on or before the date on which notice of a Borrowing is to be delivered by the Borrower in order to receive an indication of the rate or rates then in effect, but that such projection shall not be binding upon the Administrative Agent or any Lender nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Agreement (Century Telephone Enterprises Inc)

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Quotation of Rates. It is hereby acknowledged that the Borrower may call the Administrative Agent on or before the date on which notice of a Borrowing is to be delivered by the Borrower in order to receive an indication of the rate or rates then in effect, but that such projection shall not be binding upon the Administrative Agent or any Lender Bank nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Century Telephone Enterprises Inc)

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