Common use of Notification of interest periods and default rates Clause in Contracts

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower each relevant Security Party of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower such Security Party is liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b7.3(b) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b7.3(b) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b7.3(b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Facility Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Facility Agent under Clause 7.3 and of each period selected by the Facility Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Facility Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) 7.3 of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Facility Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Facility Agent under Clause 7.3 and of each period selected by the Facility Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Facility Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that ClauseClause 7.3; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders Lenders, the Swap Bank and the Borrower of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 8.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 (Calculation of default rate of interest) above and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Paying Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Paying Agent under Clause 7.3 8.3 and of each period selected by the Paying Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Paying Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 (Calculation of default rate of interest) and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders Lenders, the Swap Banks and the Borrower of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. 7.4 The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b7.3(b) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is are liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower each relevant Security Party of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower such Security Party is liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 7.2 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 Clause7.3 (Calculation of default rate of interest) and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 (Calculation of default rate of interest) and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower Borrowers is liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 (Calculation of default rate of interest) and of each period Interest Period selected by the Agent for the purposes of paragraph 7.3(b) (bCalculation of default rate of interest) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 (Calculation of default rate of interest) and of each period Interest Period selected by the Agent for the purposes of paragraph 7.3(b) (bCalculation of default rate of interest) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower each relevant Security Party of each interest rate determined used by the Agent under Clause 7.3 and of each period selected by the Agent Majority Lenders for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower such Security Party is liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of Clause 7.3of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 7.2 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Agent’s 's notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders Issuing Bank, the Banks and the Borrower Obligors of each interest rate determined by the Agent under Clause 7.3 8.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is Obligors are liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower Borrowers of each interest rate determined by the Agent under Clause 7.3 (Calculation of default rate of interest) above and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is Borrowers are liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 (Calculation of default rate of interest) and of each period selected by the Agent for the purposes of paragraph 7.3(b) (bCalculation of default rate of interest) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s notification.

Notification of interest periods and default rates. The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 (Calculation of default rate of interest) and of each period Interest Period selected by the Agent for the purposes of paragraph (b) of Clause 7.3 (Calculation of default rate of interest) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s notification.