Common use of Rate Quotations Clause in Contracts

Rate Quotations. The Borrower may call the Agent on or before the date on which 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 Lenders nor affect the rate of interest which thereafter is actually in effect when the election is made.

Appears in 1 contract

Samples: Credit Agreement (Arch Coal Inc)

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Rate Quotations. The Borrower may call the Agent on or before the date on which 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 Lenders Banks nor affect the rate of interest which thereafter is actually in effect when the election is madeeffect.

Appears in 1 contract

Samples: Credit Agreement (Freemarkets Inc)

Rate Quotations. The Borrower may call the Agent on or before the date on which a Term 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 Lenders 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)

Rate Quotations. The Borrower may call the Agent on or before the date on which a Term 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 Lenders Banks nor affect the rate of interest which thereafter is actually in effect when the election any Loan is made.

Appears in 1 contract

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

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Rate Quotations. The Borrower may call the Agent on or before the date on which 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 Lenders Banks nor affect the rate of interest which thereafter is actually in effect when the election is made.. 3.2

Appears in 1 contract

Samples: Credit Agreement (Hovnanian Enterprises Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Mountain Coal Co LLC)

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