Common use of Rate Quotations Clause in Contracts

Rate Quotations. The Borrower may call the Agent on or before the date on which a Facility A Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Agent or the Facility A Banks nor affect the rate of interest which thereafter is actually in effect when the election is made. 3.02

Appears in 1 contract

Samples: Credit Agreement (Toll Brothers Inc)

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Rate Quotations. The Borrower may call the Agent on or before the date on which a Facility A Loan Request is to be delivered to receive an indication of the rates Base Rate then in effect, but it is acknowledged that such projection shall not be binding on the Agent or the Facility A Banks nor affect the rate of interest which thereafter is actually in effect when the election any Loan is made. 3.02.

Appears in 1 contract

Samples: Credit Agreement (U S Interactive Inc/Pa)

Rate Quotations. The Borrower may call the Agent on or before the date on which a Facility A Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding (except with respect to Swing Loans) on the Agent or the Facility A Banks Lenders nor affect the rate of interest which thereafter is actually in effect when the election is made. 3.02.

Appears in 1 contract

Samples: Credit Agreement (Blair Corp)

Rate Quotations. The Borrower may call the Agent on or before the date on which a Facility A Term Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Agent or the Facility A Banks nor affect the rate of interest which thereafter is actually in effect when the election is made. 3.023.2

Appears in 1 contract

Samples: Credit Agreement (Hovnanian Enterprises Inc)

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Rate Quotations. The Borrower may call the Agent on or before the date on which a Facility A Committed Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Agent or the Facility A Banks nor affect the rate of interest which thereafter is actually in effect when the election is made. 3.02otherwise made in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Ace LTD)

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