Common use of Rate Quotations Clause in Contracts

Rate Quotations. The Borrower may call the Lender on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Lender nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 4 contracts

Samples: Term Loan Credit Agreement (New Jersey Resources Corp), Credit Agreement (Shotspotter, Inc), Credit Agreement (DSW Inc.)

AutoNDA by SimpleDocs

Rate Quotations. The Borrower Borrowers may call the Lender on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection indication shall not be binding on the Lender nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 3 contracts

Samples: Credit Agreement (Park Electrochemical Corp), Credit Agreement (Park Electrochemical Corp), Credit Agreement (Park Electrochemical Corp)

Rate Quotations. The Borrower may call the Lender Bank on or before the date on which a Revolving Credit Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Lender Bank nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 2 contracts

Samples: Credit Agreement (Moog Inc.), Credit Agreement (Moog Inc.)

Rate Quotations. The Borrower Borrowers may call the Lender on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Lender nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Credit Agreement (EPAM Systems, Inc.)

Rate Quotations. The Borrower may call the Lender Bank on or before the date on which a Loan Request or Reducing Line Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Lender Bank nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Credit Agreement (Aquapenn Spring Water Company Inc)

Rate Quotations. The Borrower may call the Lender Bank on or before the date on which a Loan Request is to be delivered to receive an indication of the interest rates then in effect, but it is acknowledged that such projection shall not be binding on the Lender Bank nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Credit Facility Agreement (New Jersey Resources Corp)

Rate Quotations. The Borrower may call the Lender Agent on or before the date on which a Revolving Credit Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection indication shall not be binding on the Lender Agent or 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 (CastleRock Security Holdings, Inc.)

AutoNDA by SimpleDocs

Rate Quotations. The Borrower may call the Lender Bank on or before the date on which a Revolving Credit Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Lender Bank nor affect the rate of interest which thereafter is actually in effect when the election is made.. 3.2

Appears in 1 contract

Samples: Credit Agreement (Moog Inc.)

Rate Quotations. The Borrower may call the Lender on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Lender nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Loan and Security Agreement (Wells Core Office Income Reit Inc)

Rate Quotations. The Borrower may call the Lender on or before the date on which a Loan Request for Advance or notice of conversion is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Lender nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sheridan Group Inc)

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