Notification of Rate Sample Clauses

Notification of Rate. The Administrative Agent, upon determining the interest rate for any Borrowing of Eurocurrency Loans for any Interest Period, shall promptly notify the Borrower and the Lenders thereof. Such determination shall, absent manifest error and subject to Section 3.6, be final, conclusive and binding upon all parties hereto.
AutoNDA by SimpleDocs
Notification of Rate. The Agent, upon determining the Eurodollar Rate for any Interest Period, shall promptly give the Borrower and the other Lenders written or telephonic notice thereof. Such determination shall, absent manifest error and subject to the provisions of Section 2.13, be final, conclusive and binding upon all parties hereto.
Notification of Rate. Welsh rate resolutions passed by the Assembly will be a matter of public record. Paragraph 6
Notification of Rate. Agent, upon determining in accordance herewith the interest rate for any Borrowing of Eurodollar Loans for any Interest Period, shall promptly notify Borrower and the Lenders thereof. Such determination shall, absent demonstrable error and subject to SECTION 3.6, be final, conclusive and binding upon all parties hereto.
Notification of Rate. The Administrative Agent, upon determining the interest rate for any Borrowing of Eurocurrency Loans for any Interest Period, shall promptly notify the Borrower (by no later than one Business Day following the date of such determination) and the Lenders thereof. Such determination shall, absent manifest error and subject to SECTION 3.6, be final, conclusive and binding upon all parties hereto.
Notification of Rate. Administrative Agent or Canadian Administrative Agent, upon determining the interest rate for any Borrowing of Eurocurrency Loans for any Interest Period, shall promptly notify Borrowers and the Lenders thereof. Such determination shall, absent manifest error and subject to Section 3.6, be final, conclusive and binding upon all parties hereto.
Notification of Rate. After the Borrower has selected a LIBOR Interest Period, the Administrative Agent shall advise the Borrower and the Lenders of the LIBO Rate on the second LIBOR Banking Day before the relevant Drawing Date, Rollover Date or Conversion Date which shall apply to the calculation of the interest rate payable pursuant to such LIBOR Drawing, promptly after the Administrative Agent shall have ascertained the applicable rate; provided, however, that any failure by the Administrative Agent to so notify the Borrower of any applicable rate shall not affect the obligation of the Borrower to pay interest at the rate provided for herein.
AutoNDA by SimpleDocs
Notification of Rate. The Bank will give telephone notice (promptly confirmed in writing) to the Commission and the Trustee not later than 10:00 a.m. on each Sale Date of the Differential Interest Amount owed by the Commission hereunder as a result of any sale of Purchased Bonds pursuant to Section 2.04(b). Notwithstanding the preceding sentence, the Commission’s obligations to make payments in respect of any Differential Interest Amount (together with accrued interest thereon, if applicable) shall not be discharged or reduced in any way as a result of the Bank’s failure to deliver any notice referred to in the preceding sentence. The Bank, upon the request of the Commission or the Trustee, shall notify the Commission or the Trustee, as the case may be, of the Purchased Bond Rate in effect during any period in which Purchased Bonds are held by the Bank or any other Purchased Bondholders or during which any Differential Interest Amount, Excess Interest, Final Excess Interest Fee Amount or any amount in respect of the Interest Component remains unpaid. Absent manifest error, the Bank’s determination of any of the foregoing shall be binding upon the Commission and the Trustee.
Notification of Rate. The Lender shall notify the Borrower of any change in the Lender’s Base Rate used in determining the Applicable Rate promptly following the public announcement of such change.
Notification of Rate. No later than 11:30 a.m. New York time (but no earlier than 11:00 a.m. New York time) on the second Business Day prior to the Issuance Date, the Junior Agent, the Junior Purchasers and the Lessee shall convene a conference call during which the Junior Agent will notify the Lessee of a single fixed rate of interest to be used as the basis for the calculation of the Fixed Rate for the Junior Notes. Such Fixed Rate for the Junior Notes shall be the sum of (A) the Swap Rate plus (B) the Applicable Margin plus (C) the Fixed Rate Margin, and shall be the “Fixed Rate” for the Junior Notes, effective on the Swap Effective Date; provided that if such Fixed Rate cannot be established because the Lessee does not agree to the Swap Rate quoted by the Junior Agent, then Section 3(c)(i) shall apply to the Junior Notes as though the Owner never requested such Junior Notes to bear interest at a Fixed Rate.
Time is Money Join Law Insider Premium to draft better contracts faster.