Common use of Interest Rate Determination Clause in Contracts

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreement. The Agent shall give prompt notice to Borrower of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 4 contracts

Samples: Credit Agreement (Newpark Resources Inc), Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)

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Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementhereunder. The Agent shall give prompt notice to the Borrower and the Lenders of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 4 contracts

Samples: Credit Agreement (Southwest Royalties Inc), Credit Agreement (Southwest Royalties Holdings Inc), Credit Agreement (Exco Resources Inc)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementany Base Rate Loan or Eurodollar Loan and its determination shall be conclusive absent manifest error. The Agent shall give prompt notice to notify the Borrower of each interest rate of interest so determined and its determination thereof shall be conclusive absent errorwithin a reasonable time after each such determination.

Appears in 4 contracts

Samples: Credit Agreement (LHC Group, Inc), Credit Agreement (LHC Group, Inc), Credit Agreement (LHC Group, Inc)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this AgreementLoan hereunder. The Agent shall give prompt notice to the Borrower of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 4 contracts

Samples: Loan Agreement (Clayton Williams Energy Inc /De), Loan Agreement (Clayton Williams Energy Inc /De), Loan Agreement (Clayton Williams Energy Inc /De)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementhereunder. The Agent shall give prompt notice to Borrower Borrowers and the Lenders of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 3 contracts

Samples: Credit Agreement (Parallel Petroleum Corp), Credit Agreement (Range Resources Corp), Credit Agreement (Parallel Petroleum Corp)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreement. The Agent shall give prompt notice to Borrower Borrowers of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 3 contracts

Samples: Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementhereunder. The Agent shall give prompt written notice to Borrower and Lenders of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 2 contracts

Samples: Credit Agreement (Approach Resources Inc), Credit Agreement (Approach Resources Inc)

Interest Rate Determination. The Agent shall determine each --------------------------- interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementhereunder. The Agent shall give prompt notice to Borrower the Borrowers of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 2 contracts

Samples: Loan Agreement (Gothic Energy Corp), Loan Agreement (Gothic Energy Corp)

Interest Rate Determination. The Administrative Agent shall determine each the interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreement. The Agent and shall give prompt notice of such determination to Borrower the Borrowers and the Lenders. In each such case, the Administrative Agent’s determination of each the applicable interest rate of interest so determined and its determination thereof shall be conclusive absent in the absence of manifest error.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Renewable Energy Group, Inc.), Revolving Credit Agreement (Renewable Energy Group, Inc.)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this AgreementNote or Notes hereunder. The Agent shall give prompt notice to the Borrower of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 1 contract

Samples: Senior Secured Loan Agreement (Southwest Royalties Holdings Inc)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementhereunder. The Agent shall give prompt notice to the Borrower and the Banks of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 1 contract

Samples: Loan Agreement (Gothic Energy Corp)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementhereunder. The Agent shall give prompt notice to Borrower of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 1 contract

Samples: Credit Agreement (Global Industries LTD)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementany Base Rate Loan or LIBOR Loan and its determination shall be conclusive absent manifest error. The Agent shall give prompt notice to notify the Borrower of each interest rate of interest so determined and its determination thereof shall be conclusive absent errorwithin a reasonable time after each such determination.

Appears in 1 contract

Samples: Credit Agreement (LHC Group, Inc)

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Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreement. (a) The Agent shall give prompt notice to Borrower the Company and the Lenders of each the applicable interest rate determined by the Agent for purposes of Section 2.06(a). Each determination by the Agent of an interest so determined and its determination thereof rate hereunder shall be conclusive and binding for all purposes, absent manifest error.

Appears in 1 contract

Samples: Credit Agreement (At&t Inc.)

Interest Rate Determination. The Agent shall determine each --------------------------- interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this AgreementLoan hereunder. The Agent shall give prompt notice to the Borrower and the Banks of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 1 contract

Samples: Credit Agreement (Wiser Oil Co)

Interest Rate Determination. (a) The Agent shall determine each the interest rate rates applicable to the Revolving Loans hereunder pursuant to the terms of this AgreementAdvances hereunder. The Agent shall give prompt notice to the Borrower and the other Lenders (by telephone, facsimile or other electronic transmission) of each rate of interest so determined determined, and its determination thereof shall be conclusive absent in the absence of manifest error.

Appears in 1 contract

Samples: Year Credit Agreement (Monsanto Co /New/)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementhereunder. The Agent shall give prompt notice to Borrower and the Lenders of each rate of interest so determined and its determination thereof shall be conclusive absent error.. (c)

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp /De/)

Interest Rate Determination. The Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementhereunder. The Agent shall give prompt notice to Borrower and the Lenders of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp)

Interest Rate Determination. (a) The Administrative Agent shall determine each interest rate applicable to the Revolving Loans hereunder pursuant to and shall promptly notify the terms Borrower and the Lenders of this Agreementsuch rate in writing (or by telephone, promptly confirmed in writing). The Agent shall give prompt notice to Borrower of each rate of interest so determined and its Any such determination thereof shall be conclusive and binding for all purposes, absent manifest error.

Appears in 1 contract

Samples: Revolving Credit Agreement (Corn Products International Inc)

Interest Rate Determination. The Agent shall determine each --------------------------- interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreementhereunder. The Agent shall give prompt notice to Borrower the Borrowers and the Lenders of each rate of interest so determined and its determination thereof shall be conclusive absent error.

Appears in 1 contract

Samples: Credit Agreement (3tec Energy Corp)

Interest Rate Determination. The Agent --------------------------- shall determine each the interest rate applicable to the Revolving Loans hereunder pursuant to the terms of this Agreement. The Agent and shall give prompt notice to the Borrower and the Lenders of each rate of interest so determined such determination, and its determination thereof shall be conclusive absent in the absence of manifest error.

Appears in 1 contract

Samples: Credit Agreement (Edison Mission Energy)

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