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Common use of Interest determination Clause in Contracts

Interest determination. Each determination by the Lender of the Prime Rate shall, in the absence of manifest error, be final, conclusive and binding on the Borrower.

Appears in 2 contracts

Sources: Loan Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Loan Agreement (Starcraft Corp /In/)

Parent Clauses

  • DETERMINATIONS AND NOTIFICATIONS IN RESPECT OF NOTES AND INTEREST DETERMINATION
  • CITIBANK N
  • AND NOTIFICATIONS IN RESPECT OF NOTES AND INTEREST DETERMINATION
  • And Notifications in Respect of Covered Bonds and Interest Determination
  • BANQUE INTERNATIONALE À LUXEMBOURG SA

Sub-Clauses

  • Other Notes
  • Exempt Notes
  • CMS Rate Determination for Floating Rate Notes
  • Interest – Floating Rate Notes referencing ▇▇▇▇▇
  • Interest – Floating Rate Notes referencing SOFR
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