Common use of Rate Quotations Clause in Contracts

Rate Quotations. The Borrowers may call the Agent 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 Agent or the Banks nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Tb Woods Corp), Credit Agreement (Internet Capital Group Inc), Senior Secured Revolving Credit Facility and Term Loan Credit Agreement (Res Care Inc /Ky/)

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Rate Quotations. The Borrowers may call the Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the interest rates and the applicable currency exchange rates then in effect, but it is acknowledged that such projection shall not be binding on the Agent or the Banks nor affect the rate of interest or the calculation of Equivalent Amounts which thereafter is are actually in effect when the election is made.

Appears in 2 contracts

Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)

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

Appears in 1 contract

Samples: Credit Agreement (Covance Inc)

Rate Quotations. The Borrowers Borrower may call the Agent 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 (except with respect to Swing Loans) on the Agent or the Banks nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Credit Agreement (Blair Corp)

Rate Quotations. The Borrowers may call the Collateral Agent 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 Collateral Agent or the Banks 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 (Newtech Corp)

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Rate Quotations. The Borrowers Borrower may call the Agent 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 Agent or and the Banks nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Credit Agreement (Grubb & Ellis Co)

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

Appears in 1 contract

Samples: Credit Agreement (Arch Coal Inc)

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