Common use of Rate Quotations Clause in Contracts

Rate Quotations. The Borrowers may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the interest rates and the applicable currency exchange rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders nor affect the rate of interest or the calculation of Equivalent Amounts which thereafter are actually in effect when the election is made.

Appears in 9 contracts

Samples: Credit Agreement (Glatfelter Corp), Fourth Restatement Agreement (Glatfelter Corp), Credit Agreement (Glatfelter P H Co)

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Rate Quotations. The Borrowers may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the interest rates and the applicable currency exchange rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders Banks nor affect the rate of interest or the calculation of Equivalent Amounts which thereafter are is actually in effect when the election is made.

Appears in 6 contracts

Samples: Pledge Agreement (Internet Capital Group Inc), Credit Agreement (Primesource Corp), Credit Agreement (Primesource Corp)

Rate Quotations. The Borrowers may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the interest rates and the applicable currency exchange rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders Banks nor affect the rate of interest or the calculation of Equivalent Amounts which thereafter are actually in effect when the election is made.

Appears in 2 contracts

Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)

Rate Quotations. The Borrowers Borrower may call the Administrative Agent on or before the date on which a Loan Rate Request is to be delivered to receive an indication of the interest rates and the applicable currency exchange rates then in effecteffect as to Term Loans, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders Banks nor affect the rate of interest or the calculation of Equivalent Amounts which thereafter are is actually in effect when the election is made.

Appears in 1 contract

Samples: Pledge Agreement (Arch Coal Inc)

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Rate Quotations. The Borrowers Borrower may call the Administrative Agent on or before the date on which a Committed Loan Request is to be delivered to receive an indication of the interest rates and the applicable currency exchange rates then in effecteffect as to Revolving Credit Loans or Term Loans, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders Banks nor affect the rate of interest or the calculation of Equivalent Amounts which thereafter are is actually in effect when the election is made.

Appears in 1 contract

Samples: Credit Agreement (Arch Coal Inc)

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