Common use of Determination of Applicable Interest Rate Clause in Contracts

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. (London time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 7 contracts

Samples: Credit Agreement (Decrane Holdings Co), Credit Agreement (Diamond Brands Operating Corp), Credit Agreement (Decrane Holdings Co)

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Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London New York City time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 6 contracts

Samples: Credit Agreement (Sealy Corp), Credit Agreement (Smiths Food & Drug Centers Inc), Revolving Loan Credit Agreement (Amscan Holdings Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London New York time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 3 contracts

Samples: Credit Agreement (Trammell Crow Co), Credit Agreement (Granite Broadcasting Corp), Credit Agreement (Borg Warner Security Corp)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London New York time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing by telefacsimile or by telephone confirmed in writing) to Company and each Lender.

Appears in 2 contracts

Samples: Credit Agreement (Dominicks Supermarkets Inc), Credit Agreement (Dominicks Supermarkets Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. (London time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Offshore Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company the Borrower and each applicable Lender.

Appears in 2 contracts

Samples: Multicurrency Credit Agreement (Goss Graphic Systems Inc), Multicurrency Credit Agreement (Goss Holdings Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. 10:00 a.m. (London Los Angeles time) on each Interest Rate Determination Date, Administrative the Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to the Company and each Lender.

Appears in 2 contracts

Samples: Security Agreement (America West Airlines Inc), Security Agreement (America West Airlines Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London New York time) on each Interest Rate Determination Date, Administrative the Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company the Borrower and each Lender.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Capstar Hotel Co), Senior Subordinated Credit Agreement (Capstar Hotel Co)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. 1:00 p.m. (London New York time) on each Interest Rate Determination Date, Administrative the Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to the Company and each Lender.

Appears in 2 contracts

Samples: Credit Agreement (America West Holdings Corp), Term Loan Agreement (America West Holdings Corp)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. (London New York time) on each Interest Rate Determination Date, Chase Co-Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 2 contracts

Samples: Credit Agreement (Gulf State Credit LLP), Credit Agreement (Sherman Acquisition Corp)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. 12:00 noon (London New York time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to the Company and each Lender.

Appears in 1 contract

Samples: Credit Agreement (FWT Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London timeLocal Time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company the Borrower and each applicable Lender.

Appears in 1 contract

Samples: Credit Agreement (Goss Graphic Systems Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London New York time) on each Interest Rate Determination Date, Administrative the Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to the Company and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Prime Hospitality Corp)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London New York City time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Eurocurrency Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company the Borrowers and each Lender.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Lincoln Electric Holdings Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. (London New York City time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Optel Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. (London time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Offshore Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company the Borrower and each applicable Lender.

Appears in 1 contract

Samples: Credit Agreement (Goss Graphic Systems Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London New York City time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Adjusted Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 1 contract

Samples: Security Agreement (Horseshoe Gaming Holding Corp)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. (London New York time) on each Interest Rate Determination Date, Administrative Agent Lender shall determine (which determination shall, absent manifest demonstrable error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each LenderBorrower.

Appears in 1 contract

Samples: Credit Agreement (Vista Information Solutions Inc)

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Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. 10:00 a.m. (London Dallas, Texas time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company Borrower and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Trammell Crow Co)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London Los Angeles time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Andros Holdings Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London New York time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company Borrower and each Lender. Agent's determination shall be final, conclusive and binding upon all parties, absent manifest error.

Appears in 1 contract

Samples: Assignment Agreement (Corporate Office Properties Trust)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London New York City time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing by telefacsimile or by telephone confirmed in writing) to Company and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Bay Area Warehouse Stores Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. (London time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Offshore Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each LenderLender funding such Offshore Rate Loan.

Appears in 1 contract

Samples: Credit Agreement (Wavetek U S Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London Chicago time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Price Communications Wireless Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. 12:00 Noon (London New York City time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company Borrower and each Lender.

Appears in 1 contract

Samples: Company Credit Agreement (Wj Communications Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 10:00 A.M. (London New York City time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 1 contract

Samples: Security Agreement (Ackerley Group Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. 12:00 Noon (London New York City time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Precision Engine Products Corp)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. (London time) on each Interest Rate Determination Date, the Administrative Agent shall determine (which determination deter mination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company the Borrowers and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Wolverine Tube Inc)

Determination of Applicable Interest Rate. As soon as practicable after 11:00 A.M. 12:00 Noon (London New York City time) on each Interest Rate Determination Date, Administrative Agent Facility Manager shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Company and each Lender.

Appears in 1 contract

Samples: Term Loan Agreement (Oxford Health Plans Inc)

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