Common use of Quotation of Rates Clause in Contracts

Quotation of Rates. Borrower may call Agent before delivering a Borrowing Request to receive an indication of the interest rates then in effect, but the indicated rates do not bind Agent or Lenders or affect the interest rate that is actually in effect when Borrower makes a Borrowing request or on the Borrowing Date.

Appears in 3 contracts

Samples: Credit Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp), Credit Agreement (Pillowtex Corp)

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Quotation of Rates. A Representative of Borrower may call Agent before delivering a Borrowing Request to receive an indication of the interest rates then in effect, but the indicated rates do not bind Agent or Lenders or affect the interest rate that is actually in effect when Borrower makes a delivers its Borrowing request Request or on the Borrowing Date.

Appears in 2 contracts

Samples: Credit Agreement (American Industrial Properties Reit Inc), Credit Agreement (Security Capital Industrial Trust)

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