Common use of Determination of Applicable Interest Rate Clause in Contracts

Determination of Applicable Interest Rate. As soon as practicable after 10:00 a.m. (Hawaii time) on each Interest Rate Determination Date, Agent shall determine (which determination shall, absent manifest or demonstrable error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the LIBOR Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by facsimile transmission) to Borrower and the Lenders.

Determination of Applicable Interest Rate. As soon as practicable after 10:00 11:00 a.m. (Hawaii London time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest or demonstrable error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the LIBOR Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by facsimile transmissiontelephone confirmed in writing) to Borrower Borrowers and the Lenderseach Lender.

Determination of Applicable Interest Rate. As soon as practicable after 10:00 a.m. (Hawaii time) on each Interest Rate Determination Date, Agent shall determine (which determination shall, absent manifest or demonstrable errorerror in calculation, be final, conclusive and binding upon all parties) the interest rate that shall apply to the LIBOR Loans Advances for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by facsimile transmissiontelephone confirmed in writing) to Borrower and the LendersBorrowers.

Determination of Applicable Interest Rate. As soon as practicable after 10:00 11:00 a.m. (Hawaii London time) on each Interest Rate Determination Date, Agent shall determine (which determination shall, absent manifest or demonstrable error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the LIBOR Rate Loans for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by facsimile transmissiontelephone confirmed in writing) to Borrower Company and the Lenderseach Lender.