Common use of Interest Account Clause in Contracts

Interest Account. Borrower authorizes Agent to record in an account or accounts maintained by Agent on its books (the "Interest Account") (i) the interest rates applicable to all Loans and the effective dates of all changes thereto, (ii) the Interest Period for each LIBOR Loan, (iii) the date and amount of each principal and interest payment on each Loan and (iv) such other information as Agent may determine is necessary for the computation of interest payable by Borrower hereunder.

Appears in 6 contracts

Samples: Credit Agreement, Credit Agreement (Lam Research Corp), Credit Agreement (Novellus Systems Inc)

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Interest Account. Borrower authorizes Agent to record in an account or accounts maintained by Agent on its books (the "Interest AccountINTEREST ACCOUNT") (i) the interest rates applicable to all Loans and the effective dates of all changes thereto, (ii) the Interest Period for each LIBOR Loan, (iii) the date and amount of each principal and interest payment on each Loan and (iv) such other information as Agent may determine is necessary for the computation of interest payable by Borrower hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Lam Research Corp), Credit Agreement (Adac Laboratories), Credit Agreement (Adac Laboratories)

Interest Account. Borrower authorizes Agent to record in an account or accounts maintained by Agent on its books (the "β€œInterest Account"”) (i) the interest rates applicable to all Loans and Portions and the effective dates of all changes thereto, (ii) the Interest Period for each LIBOR LoanLoan and LIBOR Portion, (iii) the date and amount of each principal and interest payment on each Loan and Portion and (iv) such other information as Agent may determine is necessary for the computation of interest payable by Borrower hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Par Petroleum Corp/Co), Credit Agreement (Par Petroleum Corp/Co)

Interest Account. Borrower authorizes Administrative Agent to record in an account or accounts maintained by Administrative Agent on its books (the "Interest Account") (i) the interest rates applicable to all Revolving Loans and the effective dates of all changes thereto, (ii) the Interest Period for each Revolving LIBOR Loan, (iii) the date and amount of each principal and interest payment on each Revolving Loan and (iv) such other information as Administrative Agent may determine is necessary for the computation of interest payable by Borrower hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

Interest Account. Borrower authorizes Agent to record in an ---------------- account or accounts maintained by Agent on its books (the "Interest -------- Account") (i) the interest rates applicable to all Loans and the effective dates of all changes thereto, (ii) the Interest Period for each LIBOR Loan, (iii) the date and amount of each principal and interest payment on each Loan and (iv) such other information as Agent may determine is necessary for the computation of interest payable by Borrower hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Acuson Corp), Credit Agreement (Acuson Corp)

Interest Account. Borrower authorizes Agent to record in an ---------------- account or accounts maintained by Agent on its books (the "Interest -------- Account") (i) the interest rates applicable to all Loans and the effective ------- dates of all changes thereto, (ii) the Interest Period for each LIBOR Loan, (iii) the date and amount of each principal and interest payment on each Loan and (iv) such other information as Agent may determine is necessary for the computation of interest payable by Borrower hereunder.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

Interest Account. Borrower authorizes Agent to record in an account or accounts maintained by Agent on its books (the "Interest Account") (i) the interest rates applicable to all Revolving Loans and the effective dates of all changes thereto, (ii) the Interest Period for each Revolving LIBOR Loan, (iii) the date and amount of each principal and interest payment on each Revolving Loan and (iv) such other information as Agent may determine is necessary for the computation of interest payable by Borrower hereunder.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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Interest Account. Borrower authorizes Administrative Agent to record in an account or accounts maintained by Administrative Agent on its books (the "Interest Account") (i) the interest rates applicable to all Revolving Loans and the effective dates of all changes thereto, (ii) the Interest Period for each LIBOR Loan, (iii) the date and amount of each principal and interest payment on each Revolving Loan and (iv) such other information as Administrative Agent may determine is necessary for the computation of interest payable by Borrower hereunder.

Appears in 1 contract

Samples: Credit Agreement (Quantum Corp /De/)

Interest Account. Borrower authorizes Agent to record in an account or accounts maintained by Agent on its books (the "Interest Account") (i) the interest rates applicable to all Revolving Loans and the effective dates of all changes thereto, (ii) the Interest Period for each LIBOR Loan, (iii) the date and amount of each principal and interest payment on each Revolving Loan and (iv) such other information as Agent may determine is necessary for the computation of interest payable by Borrower hereunder.

Appears in 1 contract

Samples: Credit Agreement (Quantum Corp /De/)

Interest Account. Each Borrower authorizes Agent to record in an account or accounts maintained by Agent on its books (the "Interest Account") (i) the interest rates applicable to all Loans and the effective dates of all changes thereto, (ii) the Interest Period for each LIBOR Loan, (iii) the date and amount of each principal and interest payment on each Loan and (iv) such other information as Agent may determine is necessary for the computation of interest payable by Borrower hereunder.LIBOR

Appears in 1 contract

Samples: Credit Agreement (Silicon Valley Group Inc)

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