Common use of Interest Rate Determination Clause in Contracts

Interest Rate Determination. The Agent shall give prompt notice to the Borrower and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a) or 2.07(b).

Appears in 8 contracts

Sources: Term Loan Credit Agreement (DXC Technology Co), Term Loan Agreement (Computer Sciences Corp), Credit Agreement (Computer Sciences Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of the applicable interest rate determined by the Administrative Agent for purposes of Section 2.07(a2.08(a) or 2.07(b(b). (b) [Reserved].

Appears in 6 contracts

Sources: Credit Agreement (FirstEnergy Transmission, LLC), Credit Agreement (Firstenergy Corp), Credit Agreement (Firstenergy Corp)

Interest Rate Determination. The Administrative Agent shall give prompt notice to the Borrower and the Lenders of the applicable interest rate determined by the Administrative Agent for purposes of Section 2.07(a2.06(a) or 2.07(b2.06(b).

Appears in 4 contracts

Sources: Revolving Credit Agreement (Hormel Foods Corp /De/), Credit Agreement (Hormel Foods Corp /De/), Revolving Credit Agreement (Hormel Foods Corp /De/)

Interest Rate Determination. (a) The Agent shall give prompt notice to the Borrower and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a2.8(a) or 2.07(b).Section 2.8

Appears in 3 contracts

Sources: Term Loan Credit Agreement (Alliant Energy Corp), Term Loan Credit Agreement (Alliant Energy Corp), Term Loan Credit Agreement (Alliant Energy Corp)

Interest Rate Determination. The Administrative Agent shall give prompt notice to the Borrower Company and the Lenders of the applicable interest rate determined by the Agent it for purposes of Section 2.07(a) or 2.07(b).

Appears in 3 contracts

Sources: Credit Agreement (Perspecta Inc.), Credit Agreement (Perspecta Inc.), Credit Agreement (Perspecta Inc.)

Interest Rate Determination. The Agent shall determine the Note Rate, and shall give prompt notice to the Borrower and the Lenders Banks of the applicable interest rate rate, or any change therein, as determined by the Agent for purposes pursuant to the terms of Section 2.07(a) or 2.07(b)this Agreement.

Appears in 2 contracts

Sources: Agented Credit Agreement (Orchids Paper Products CO /DE), Agented Credit Agreement (Orchids Paper Products CO /DE)

Interest Rate Determination. The Each Agent shall give prompt notice to the Borrower Company and the Lenders of the applicable interest rate determined by the such Agent for purposes of Section 2.07(a) or 2.07(b).

Appears in 2 contracts

Sources: Credit Agreement (CSRA Inc.), Credit Agreement (CSRA Inc.)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower Borrowers and the Lenders Banks of the applicable interest rate determined by the Agent for purposes of Section 2.07(a) or 2.07(b(b).

Appears in 2 contracts

Sources: Credit Agreement (Caterpillar Inc), Credit Agreement (Caterpillar Financial Services Corp)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a2.07(a)(i) or 2.07(b(ii).

Appears in 1 contract

Sources: Credit Agreement (Dollar General Corp)

Interest Rate Determination. Section 1.01 (a) The Agent shall give prompt notice to the Borrower Borrowers and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a2.07(a)(i), (ii) or 2.07(b(iii).

Appears in 1 contract

Sources: Credit Agreement (Scholastic Corp)

Interest Rate Determination. (a) The Agent shall give prompt notice to the applicable Borrower and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a2.07(a)(i) or 2.07(b(ii).

Appears in 1 contract

Sources: Five Year Credit Agreement (Omnicom Group Inc.)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower Borrowers and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(aSectionSections 2.08(a) or 2.07(band 2.08(b).

Appears in 1 contract

Sources: Credit Agreement (Sears Holdings Corp)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower and the Lenders Banks of the applicable interest rate determined by the Agent for purposes of Section 2.07(a) or 2.07(b(b).

Appears in 1 contract

Sources: Credit Agreement (Caterpillar Financial Services Corp)

Interest Rate Determination. (a) The Agent shall give prompt notice to the Parent Borrower, the applicable Borrower and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a2.08(a) or 2.07(b(b).

Appears in 1 contract

Sources: Revolving Credit Agreement (Gap Inc)

Interest Rate Determination. (a)(a) The Agent shall give prompt notice to the Borrower Borrowers and the Term Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a) or 2.07(b2.08(b).

Appears in 1 contract

Sources: Second Lien Credit Agreement (Sears Holdings Corp)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a2.06(a) or 2.07(b2.06(b).

Appears in 1 contract

Sources: Credit Agreement (Computer Sciences Corp)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower Company and the applicable Lenders of the applicable interest rate rates determined by the Agent for purposes of each clause of Section 2.07(a) or 2.07(b2.05(a).

Appears in 1 contract

Sources: Debtor in Possession Loan Agreement (Eastman Kodak Co)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower Company and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a) or 2.07(b).

Appears in 1 contract

Sources: Term Loan Credit Agreement (Computer Sciences Corp)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower Account Party and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a) or 2.07(b(b).

Appears in 1 contract

Sources: Letter of Credit and Reimbursement Agreement (Metlife Inc)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a2.06(a) or 2.07(b(b).

Appears in 1 contract

Sources: Credit Agreement (Olin Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of the applicable interest rate determined by the Administrative Agent for purposes of Section 2.07(a2.08(a) or 2.07(b(b). (b) [Reserved].

Appears in 1 contract

Sources: Credit Agreement (Jersey Central Power & Light Co)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower and the Lenders Banks of the applicable interest rate determined by the Agent for purposes of Section 2.07(a) or 2.07(b).

Appears in 1 contract

Sources: Revolving Credit Agreement (Halliburton Co)

Interest Rate Determination. (a) The Agent shall give prompt notice to the Borrower and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a) or 2.07(b2.08(a).

Appears in 1 contract

Sources: Credit Agreement (Sears Canada Inc.)

Interest Rate Determination. The Agent shall give prompt notice to the Borrower Borrowers and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a) or 2.07(b2.08(a).

Appears in 1 contract

Sources: Credit Agreement (Sears Holdings Corp)

Interest Rate Determination. The Agent shall give prompt notice to the Company, the applicable Borrower and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.07(a) or 2.07(b).

Appears in 1 contract

Sources: Credit Agreement (Computer Sciences Corp)

Interest Rate Determination. (a) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of the applicable interest rate determined by the Administrative Agent for purposes of Section 2.07(a2.08(a) or 2.07(b(b).

Appears in 1 contract

Sources: Credit Agreement (Firstenergy Corp)