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. (California time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar 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 telephone confirmed in writing) to Company and each Lender.

Appears in 2 contracts

Sources: Credit Agreement (Korn Ferry International), Credit Agreement (Korn Ferry International)

Determination of Applicable Interest Rate. As soon as practicable after 10:00 A.M. 12:00 Noon (California Dallas, Texas time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar 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 telephone confirmed in writing) to Company Borrower and each Lender.

Appears in 2 contracts

Sources: Credit Agreement (CFP Holdings Inc), Credit Agreement (CFP Holdings Inc)

Determination of Applicable Interest Rate. As soon as practicable after 10:00 A.M. a.m. (California Dallas, Texas time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be conclusive final, conclusive, and binding upon all parties) the interest rate that shall apply to the Eurodollar 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 telephone confirmed in writing) to Company Borrower and each Lender.

Appears in 2 contracts

Sources: Credit Agreement (Trammell Crow Co), Credit Agreement (Trammell Crow Co)

Determination of Applicable Interest Rate. As soon as practicable after 10:00 A.M. (California Los Angeles time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar 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 telephone confirmed in writing) to the Company and each Lender.

Appears in 1 contract

Sources: Credit Agreement (Online Resources Corp)

Determination of Applicable Interest Rate. As soon as practicable after 10:00 A.M. 11:00 a.m. (California local time) on each Interest Rate Determination Date, the Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar Rate Loans or HIBOR 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 telephone confirmed in writing) to Company the Borrower and each Lender.

Appears in 1 contract

Sources: Credit Agreement (Las Vegas Sands Corp)

Determination of Applicable Interest Rate. As soon as practicable after 10:00 9:00 A.M. (California Pacific time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar 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 telephone confirmed in writing) to Company Borrower and each Lender.

Appears in 1 contract

Sources: Credit Agreement (Eldorado Resorts LLC)

Determination of Applicable Interest Rate. As soon as practicable after 10:00 9:00 A.M. (California Los Angeles time) on each Interest Rate Determination Date, Administrative Agent shall determine (which determination shall, absent manifest error, be final, conclusive and binding upon all parties) the interest rate that shall apply to the Eurodollar 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 telephone confirmed in writing) to Company and each Lender.

Appears in 1 contract

Sources: Credit Agreement (Petco Animal Supplies Inc)