Common use of Determination of Interest Rate Clause in Contracts

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Rate.” The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the Borrower.

Appears in 8 contracts

Samples: Credit Agreement (McDermott International Inc), Term Loan Agreement (Boardwalk Pipeline Partners, LP), Term Loan Agreement (Boardwalk Pipeline Partners, LP)

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Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Rate.” The Administrative Agent’s determination shall be presumed to be correct correct, absent manifest error error, and shall be binding on the Borrower.

Appears in 6 contracts

Samples: Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Warnaco Group Inc /De/)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Rate"EURODOLLAR RATE." The Administrative Agent’s 's determination shall be presumed to be correct correct, absent manifest error error, and shall be binding on the Borrower.

Appears in 5 contracts

Samples: Credit Agreement (Granite Broadcasting Corp), Credit Agreement (Paragon Trade Brands Inc), Credit Agreement (Granite Broadcasting Corp)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Applicable Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Rate.” The An Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the BorrowerBorrowers.

Appears in 5 contracts

Samples: Credit Agreement (McDermott International Inc), Credit Agreement (McDermott International Inc), Credit Agreement (McDermott International Inc)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Rate.” The Administrative Agent’s determination shall be presumed to be correct correct, absent manifest error error, and shall be binding on the BorrowerBorrowers.

Appears in 5 contracts

Samples: First Lien Term Loan Credit Agreement (Tousa Inc), Revolving Credit Agreement (Tousa Inc), Term Loan Credit Agreement (Tousa Inc)

Determination of Interest Rate. The Eurodollar Adjusted Eurocurrency Rate for each Interest Period for Eurodollar Eurocurrency Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Eurocurrency Rate.” ”. The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the BorrowerLoan Parties, absent manifest error.

Appears in 4 contracts

Samples: Credit Agreement (BJ's Wholesale Club Holdings, Inc.), Credit Agreement (BJ's Wholesale Club Holdings, Inc.), Credit Agreement (BJ's Wholesale Club Holdings, Inc.)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of "Eurodollar Rate." The Administrative Agent’s 's determination shall be presumed to be correct correct, absent manifest error error, and shall be binding on the Borrower.

Appears in 3 contracts

Samples: Secured Revolving Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Conseco Inc), Kasper a S L LTD

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Rate.” The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the BorrowerLoan Parties, absent manifest error.

Appears in 3 contracts

Samples: Credit Agreement (JOANN Inc.), Intercreditor Agreement (JOANN Inc.), Credit Agreement (JOANN Inc.)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Rate.” The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the BorrowerBorrowers.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Boardwalk Pipeline Partners, LP), Revolving Credit Agreement, Revolving Credit Agreement (Boardwalk Pipeline Partners, LP)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set Exhibit 10.1 forth in the definition of “Eurodollar Rate.” The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the BorrowerBorrowers.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boardwalk Pipeline Partners, LP)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent Lender pursuant to the procedures set forth in the definition of "Eurodollar Rate." The Administrative Agent’s Lender's determination shall be presumed to be correct correct, absent manifest error error, and shall be binding on the Borrower.

Appears in 1 contract

Samples: Pledge and Security Agreement (National Steel Corp)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Rate.” The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the Term Borrower.

Appears in 1 contract

Samples: Credit Agreement (McDermott International Inc)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Rate.” The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the Borrower.Borrowers. Exhibit 10.2 BWP 10-Q 06/30/2009 Exhibit 10.2 -----

Appears in 1 contract

Samples: Revolving Credit Agreement (Boardwalk Pipeline Partners, LP)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of Eurodollar Rate.” . The Administrative Agent’s 's determination shall be presumed to be correct absent manifest error and shall be binding on the Borrower and Co-Borrower.

Appears in 1 contract

Samples: Credit Agreement (Triarc Companies Inc)

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Determination of Interest Rate. The Eurodollar Eurocurrency Rate for each Interest Period for Eurodollar Eurocurrency Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Eurocurrency Rate.” The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the Borrowerprima facie evidence thereof.

Appears in 1 contract

Samples: Credit Agreement (Johnson Polymer Inc)

Determination of Interest Rate. The Eurodollar Adjusted Eurocurrency Rate for each Interest Period for Eurodollar Eurocurrency Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Eurocurrency Rate.” ”. The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the BorrowerLoan Parties and the Lenders, absent manifest error.

Appears in 1 contract

Samples: Credit Agreement (eHealth, Inc.)

Determination of Interest Rate. The Eurodollar Euro Rate for each Interest Period for Eurodollar Euro Rate Loans shall be determined by the Administrative Applicable Agent pursuant to the procedures set forth in the definition of “Eurodollar Euro Rate.” The Administrative Applicable Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the Borrowererror.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (CommScope Holding Company, Inc.)

Determination of Interest Rate. The Eurodollar Eurocurrency Rate for each Interest Period for Eurodollar Eurocurrency Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar "Eurocurrency Rate." The Administrative Agent’s 's determination shall be presumed to be correct correct, absent manifest error error, and shall be binding on the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Oxford Automotive Inc)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “Eurodollar Rate.” The CDOR Rate for each Contract Period for B/A Equivalent Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of “CDOR Rate.” The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the Borrowererror.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Zekelman Industries, Inc.)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the applicable Administrative Agent pursuant to the procedures set forth in the definition of ‘‘Eurodollar Rate.” The ’’ Such Administrative Agent’s determination shall be presumed to be correct correct, absent manifest error error, and shall be binding on the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Warnaco Group Inc /De/)

Determination of Interest Rate. The Eurodollar Eurocurrency Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Applicable Facility Agent pursuant to the procedures set forth in the definition of “Eurodollar Eurocurrency Rate.” The Administrative Applicable Facility Agent’s determination shall be presumed to be correct correct, absent manifest error error, and shall be binding on the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Memec Inc)

Determination of Interest Rate. The Eurodollar Rate for each ----- ------------------------------ Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of "Eurodollar Rate." The Administrative Agent’s 's determination shall be presumed to be correct correct, absent manifest error error, and shall be binding on the BorrowerBorrowers.

Appears in 1 contract

Samples: Financing Agreement (Solutia Inc)

Determination of Interest Rate. The Eurodollar Rate for each Interest Period for Eurodollar Rate Loans shall be determined by the Administrative Agent pursuant to the procedures set forth in the definition of Eurodollar Rate.” . The Administrative Agent’s determination shall be presumed to be correct absent manifest error and shall be binding on the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Wendy's/Arby's Group, Inc.)

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